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The new contract boasts a 31% wage increase over the life of the contract, increases in cost of living adjustment with a maximum increase from $700 to $1,500 per year, a guaranteed $3,000 lump-sum ...
A U.S. Army graphic detailing the competitors for the program as of December 2020. The Next Generation Squad Weapon (NGSW) program is a United States military program created in 2017 by the U.S. Army to replace the 5.56mm M4 carbine, the M249 SAW light machine gun, and the 7.62mm M240 machine gun, with a common system of 6.8mm cartridges and to develop small arms fire-control systems for the ...
Textron Marine & Land Systems, formerly Cadillac Gage, is an American military contractor that manufactures armored vehicles, turrets, advanced marine craft, surface effects ships, and other weapon systems. It is owned by Textron, and was formed in the merger between Cadillac Gage and Textron Marine in 1994. [1]
Huge news for Fort Worth: The Army chose Bell Textron over Lockheed Martin and others to develop the next generation of combat aircraft, based on Bell’s V-280 Valor tiltrotor.
A team comprising Textron Marine & Land Systems, Alcoa Defense, and L-3 Communications [10] VT Halter [12] On 6 July 2012, the US Navy awarded Textron, Inc of New Orleans, LA a $212.7M fixed-priced incentive-fee contract for the detail design and construction of a Ship-to-Shore Connector test and training craft.
Textron Inc. (NYSE:TXT) shares are trading lower on Wednesday following the announcement that it is pursuing strategic alternatives for its Powersports product line within its Industrial segment.
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation ...
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