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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 ...
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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.
Bell Textron Inc. is an American aerospace manufacturer headquartered in Fort Worth, Texas. A subsidiary of Textron , Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas , United States as well as commercial helicopters in Mirabel, Quebec , Canada .
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]
In March 2022 Textron agreed to buy Slovenian aircraft builder Pipistrel and form a new division for electric aircraft development, called Textron eAviation. Pipistrel will continue as a brand and retain its existing headquarters and operations in Slovenia and Italy. Textron will invest in the division to hasten future aircraft development and ...
The U.S. Department of Defense awarded a total of only eight contracts on Tuesday yet still managed to spend more than $760 million. One single contract, however, consumed more than 83% of the ...
Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.