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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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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.
Starting the week off with a bang (if you'll pardon the expression), the U.S. Department of Defense announced 18 separate contract awards on Monday worth approximately $1.95 billion in total.
Bell announced its new project after the Bell 429 and Bell V-22, the super medium Bell 525, previously it was known as Project X or Magellan. The Helicopter is overall designed for trips of 50 to 500 nautical miles, and has a 5-blade main rotor powered by twin engines, digital controls and Garmin G5000H screen, with planned seating for 16-20 people. [3]
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.
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.
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]