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4 Things to Know About Textron’s Helicopter That Won an $80 Billion Army Contract

Textron Stock Soars After Beating Boeing and Lockheed for U.S. Army Helicopter Contract | Barron’s


Textron

stock is soaring Tuesday after the company won an $80 billion contract to build a new helicopter for the army.

Monday evening, the U.S. Army announced it had selected


Textron

(ticker: TXT) subsidiary Bell Helicopter to supply its new long-range assault helicopter. Textron beat a joint bid from


Lockheed Martin

(LMT) and


Boeing

(BA).


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