4 Issues to Know About Textron’s Helicopter That Gained $80 Billion Military Contract

Textron

inventory soared Tuesday after the protection firm received a contract price as much as $80 billion to construct a brand new helicopter for the Military.

Phrase of the award got here late Monday. The Military is popping to

Textron

(ticker: TXT) subsidiary Bell Helicopter for a brand new long-range assault helicopter—the Bell V-280 Valor—that may substitute the service’s 40-plus-year-old UH-60 Black Hawk.