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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 ...
The company that builds Cessna and Beechcraft planes expected to issue final offer in labor negotiations.
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 Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Arctic Cat, Bell Textron, Textron Aviation (which itself includes the Beechcraft and Cessna brands), and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company.
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.
Bell Helicopter Textron Canada Inc. was awarded a C$640 million contract to overhaul and repair the CH-146 fleet until retirement in 2021. The contract includes options to extend the contract up to 2025 if necessary. [6] [7] In January 2019, Canada announced plans to modernize and extend the life of the existing 85 CH-146s to 2031. [8]
Textron Marine & Land Systems, formerly Cadillac Gage, is an American military contractor that manufactures armored vehicles, turrets, advanced marine craft, surface effect 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]
U.S. defense contractor Textron confirmed Thursday that it has received a $113.4 million Pentagon contract, discussed briefly earlier this week on the Defense Department's own website. The ...