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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 ...
Textron AirLand aimed to complete 500 flight hours and verify basic performance features by the end of 2014. [3] [4] Initial flight tests showed positive results in evaluations of performance and mechanical and electronic systems. [18] On 9 April 2014, Textron AirLand announced that the Scorpion had reached 50 flight hours over 26 flights.
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.
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Textron Aviation is a new venture formed in March 2014 from Beechcraft and Cessna, retaining the Beechcraft, Cessna and Hawker aircraft type names as brands. [ 32 ] Beechcraft Corporation is an American manufacturer of general aviation and military aircraft , ranging from light, single-engined aircraft to twin-engined turboprop transports and ...
Bell Helicopter Textron landed a sizable Pentagon contract in support of two U.S. allies Tuesday. Specifically, Textron was awarded a foreign military sales contract worth up to $85.4 million to ...
[18] [19] Textron unveiled their 7.62 mm cased-telescoped machine gun design at the 2015 Special Operations Forces Industry Conference. It weighs 14.5 lb (6.6 kg), almost 8 lb (3.6 kg) lighter than the 22 lb (10.0 kg) M240L and much lighter than the 27 lb (12 kg) M240B. A firing prototype is expected to be ready by fall 2016. [7]
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 ...