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Textron to Buy Howe & Howe in Autonomous Vehicle Market Push; Lisa Atherton Quoted

Textron (NYSE: TXT) is acquiring Waterboro, Maine-based robotic ground vehicle manufacturer Howe & Howe Technologies for an undisclosed sum in a move to expand autonomous technology offerings across land, sea and air domains. The industrial conglomerate said Thursday Howe & Howe’s vehicles and applications will complement its portfolio of unmanned platforms, control systems …

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Textron’s Bell Subsidiary Gets $97M in Navy V-22 Assembly Parts Orders

The Defense Logistics Agency has awarded Textron’s (NYSE: TXT) Bell subsidiary a pair of delivery orders worth up to $96.7M to provide right and left hand aircraft assembly parts for the proprotor gearboxes of the U.S. Navy’s V-22 Osprey fleet. Each order is valued at $48.4M and work will take place in Texas through April …

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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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Boeing-Bell JV Gets $4.2B Contract Modification to Build Tiltrotor Aircraft for US Military, Japan

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has been awarded a potential $4.19 billion contract modification to produce different variants of the V-22 tiltrotor aircraft for three U.S. military services and the Japanese government. Bell-Boeing Joint Project Office will provide 39 CMV-22B units to the U.S. Navy, …

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Textron’s AAI Subsidiary to Continue SOCOM UAS ISR Services Under $120M IDIQ

AAI, a subsidiary of Textron (NYSE: TXT) subsidiary, has received a potential $120 million contract to continue providing intelligence, surveillance and reconnaissance support for the  U.S. Special Operations Command‘s mid-endurance unmanned aircraft systems. SOCOM awarded the sole-source contract for AAI to provide worldwide support until all of the command’s operational sites complete transition to …

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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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Neil Albert Named ACT I President; Michael Niggel Comments

Neil Albert, formerly president and CEO of McLean, Virginia-based professional services contractor MCR, has joined Advanced Concepts and Technologies International as president. Albert will be responsible for the Arlington, Virginia-based government acquisition support services provider’s business development, growth strategy and financial performance in his new role, ACT I said Tuesday. ACT I …

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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