Search Results for: textron

Textron Wins $640M for Air Force Cluster Bombs

Textron Defense Systems (NYSE: TXT) has won a $640, 786, 442 contract modification from the U.S. Air Force for 1, 300 cluster bomb units. This modification to a firm-fixed-price contract supports a foreign military sales agreement with Saudi Arabia, the Defense Department said Tuesday. The Air Force is obligating $410, 218, 248 …

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Textron Promotes 29-Year Vet Ellen Lord to Systems Segment CEO; Scott Donnelly Comments

Textron (NYSE: TXT) has promoted Ellen Lord, senior vice president and general manager of the defense systems unit, to succeed the retiring Fred Strader as president and CEO of the systems segment. The company said she will report to Textron Chairman and CEO Scott Donnelly. Donnelly credited Strader with leading …

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Navy Awards Bell Helicopter Textron $391M for UH-1Y, AH-1Z Long Lead Parts

The U.S. Navy has awarded a $391, 426, 326 contract modification to Bell Helicopter Textron for long lead parts and components for 25 new and re-manufactured helicopters. According to the Defense Department, the parts are needed for the manufacture of 15 new UH-1Y aircraft, seven new AH-1Z aircraft and the …

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Textron Wins $213M Ship-to-Shore Connector Contract

Textron Inc. (NYSE: TXT) has won a $212, 722, 820 contract to provide the U.S. Navy with ship to shore connector test and training manuals, the Defense Department announced Friday. Textron will furnish a detail design and construct SSC test and training craft and technical manuals for a SSC Program. …

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Six Firms Win Spots on $975M SOCOM UAS ISR Contract


U.S. Special Operations Command has awarded six companies positions on a potential $975M indefinite-delivery/indefinite-quantity contract to provide intelligence, surveillance and reconnaissance services with mid-endurance unmanned aircraft systems.

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Aerospace Defense Firms Launch Measures to Avoid COVID-19 Spread; Ellen Lord Quoted


Boeing (NYSE: BA), Textron’s (NYSE: TXT) Bell subsidiary and other aerospace defense manufacturers have increased cleaning efforts and implemented telework capabilities, social distancing and other measures to prevent the spread of the coronavirus and maintain operations, FlightGlobal reported Friday. Other companies that have initiated similar efforts are Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Sikorsky and AeroVironment.

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Bell, Sikorsky-Boeing Team Awarded Army Future Assault Aircraft Demo, Risk Reduction Contracts

The U.S. Army has awarded contracts to Textron’s (NYSE: TXT) Bell subsidiary and a team of Boeing (NYSE: BA) and Lockheed Martin’s (NYSE: LMT) Sikorsky business to proceed with the competitive demonstration and risk reduction effort for the Future Long-Range Assault Aircraft program, Defense News reported Monday.

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