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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 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.
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.
The CEO of Textron, Bell's parent company, stated that its FARA candidate design would be based on technology developed for the 525, rather than a further development of the V-280 tiltrotor. [2] In October 2019, Bell announced the 360 Invictus as its FARA candidate design, a winged helicopter with a single rotor and ducted tail rotor.
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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.
PHOTO: Boeing employees cheer and wave picket signs as a driver honks in support after a majority of union members voted to reject a new contract offer from the company, Oct. 23, 2024, in Renton ...
On Tuesday, defense and aerospace conglomerate Textron won an enormous $640.8 million contract modification, which expanded upon an existing firm-fixed-price contract to supply 1,300 cluster bombs ...