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Textron Completes Howe & Howe Purchase; Lisa Atherton Quoted

Textron (NYSE: TXT) closed its acquisition of Waterboro, Maine-based robotic ground vehicle maker Howe & Howe Technologies on Dec. 17, Defense News reported Thursday. Textron announced its intent to buy Howe & Howe in October 2018 in a push to expand its autonomous technology offerings across land, air and maritime domains. Lisa Atherton, president and …

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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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Bell Boeing Lands $1.1B Contract for Navy, Air Force Osprey Component Support

A joint venture between Boeing (NYSE:BA) and Textron‘s (NYSE: TXT) Bell subsidiary has received a potential three-year, $1.10B contract to provide logistics and repair services for components of the Osprey joint service multirole combat aircraft fleet. Bell Boeing Joint Project Office will support 225 parts in MV-22B, CMV-22 and CV-22 planes operated by the U.S. Navy and …

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Textron Gets $314M Modification on Navy Air Cushion Vehicle Material Procurement Contract

Textron (NYSE: TXT) will obtain additional materials needed to build landing craft air cushion vehicles under a five-year, $314.3M contract modification from the U.S. Navy. The company will use the funds to acquire long lead time components for LCAC class crafts 109 through 123 and to continue pre-fabrication work on crafts 109 …

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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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