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Army Names Five Awardees for Future Attack Reconnaissance Aircraft Design Phase

The U.S. Army has awarded other transaction agreements to five contractors to provide initial designs of the service’s Future Attack Reconnaissance Aircraft platform, Breaking Defense reported Tuesday. Boeing (NYSE: BA), Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary, AVX Aircraft, Textron’s (NYSE: TXT) Bell Helicopter subsidiary and Karem Aircraft were selected out …

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Textron Subsidiary to Produce Lot 16 Navy Attack Helicopters Under $440M Contract Modification

Textron’s (NYSE: TXT) Bell Helicopter subsidiary has received a four-year, $439.5M contract modification to build 25 lot 16 AH-1Z twin-engine attack helicopters for the U.S. Navy. Bell Helicopter will also provide 25 stores control units as part of the modification, which exercises an option under a previously awarded fixed-price-incentive contract, the Department …

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Boeing-Bell JV Gets $144M DLA Contract for V-22 Aircraft Logistics, Engineering Support

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has secured a potential $143.8M firm-fixed-price contract from the Defense Logistics Agency to engineer and provide logistics support for the U.S. military’s V-22 Osprey tiltrotor planes. The Bell Boeing Joint Program Office will deploy field personnel and support …

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Boeing-Bell JV to Produce Osprey Variants for Navy, Marines Under $367M Contract Modification

A joint venture between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has secured a $366.6M contract modification to provide V-22 Osprey aircraft variants to the U.S. Navy and U.S. Marine Corps. Bell Boeing Joint Project Office will manufacture two MV-22B tiltrotors for the Marines and another three CMV-22B units …

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NASA Picks GA-ASI, Bell & PAE ISR to Demo Commercial UAS in National Airspace

TYSONS CORNER, VA, August 31, 2018 — General Atomics‘ aeronautical systems business, PAE‘s joint venture with American Operations Corp. and Textron‘s (NYSE: TXT) Bell Helicopter subsidiary will work on a two-year NASA project focused on commercial unmanned aircraft systems, ExecutiveBiz reported Thursday. NASA said Wednesday it selected Bell, General Atomics Aeronautical …

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Textron Subsidiary to Produce More Attack Helicopters for Marines Under $510M Contract Modification

The U.S. Navy has awarded Textron’s (NYSE: TXT) Bell Helicopter subsidiary a $509.8M contract modification to produce and deliver 29 twin-engine attack helicopters as part of the U.S. Marine Corps’ H-1 modernization effort. Bell Helicopter will provide lot 15 AH-1Z new build aircraft, as well as obtain long-lead items and components …

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Executive Mosaic’s Weekly GovCon Round-Up: $400M+ July Contracts and Top 10 Stories

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup July 9 – July 13, 2018 Click here to see Real-Time GovCon Sector Quotes   Executive Mosaic’s Weekly GovCon Round-Up:  $400M+ July Contracts & Top 10 Stories Jim Garrettson, Executive Mosaic CEO Who Says Summer is Slow? $400M+ …

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Spirit AeroSystems Inks $650M Cash Deal for Asco’s Parent Company

Spirit AeroSystems (NYSE: SPR) has agreed to buy Asco Industries’ Belgium-based parent company, S.R.I.F., for approximately $650 million in cash. Wichita, Kan.-based Spirit said Wednesday it expects to use new debt to fund the transaction that is scheduled to conclude in the second half of 2018, pending regulatory clearances and …

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State Dept OKs Potential $911M AH-1Z Helicopter Sale to Bahrain

The State Department has approved Bahrain’s request to buy 12 Bell Helicopter-built AH-1Z attack helicopters and related equipment and services through a potential $911.4 foreign military sales agreement. Bell Helicopter and General Electric (NYSE: GE) will act as prime contractors in the proposed FMS deal in support of Bahrain’s efforts to deter …

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Bell-Boeing JPO Gets $103M Navy Order Modification for Osprey Parts Repair

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter  subsidiary has received a $102.8 million modification under a U.S. Navy delivery order to repair V-22 Osprey parts. The modification brings the potential value of Bell Boeing Joint Project Office‘s contract for aircraft parts repair to $344.2 million, the …

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