Bell Textron Awarded $114.7 Million U.S. Navy Contract for Marine Helicopter Upgrades

Bell Textron, a subsidiary of Textron (TXT), has secured a contract modification valued at $114.7 million from the U.S. Navy. The agreement focuses on upgrading the electrical systems and structural components of AH-1Z and UH-1Y helicopters used by the Marine Corps. The scope of work includes the provision of 15 A-kits, four mission kits, nine aircraft installations, along with various necessary components, materials, and spare parts. This contract ensures continued operational readiness and modernization for these specific military helicopter platforms.

By Sara Sethiya, SA News Editor · Seeking Alpha ·

Bell Textron Awarded $114.7 Million U.S. Navy Contract for Marine Helicopter Upgrades

Tickers: $TXT

Topics: aerospace defense spending government contracts

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