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FORT WORTH, TX--- Bell Helicopter Receives Contract for Additional H-1 Aircraft

10/10/2008 @ 2:30 PM   print this article - email to a friend - join our eNewsletter
Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced that the U.S. Navy has exercised an option under its contract with Bell to purchase Lot 5 of the H-1 Upgrade Program, an award worth $210 million.
   
   The 15 aircraft in Lot 5 include 11 UH-1Y aircraft and four AH-1Z aircraft. All 15 aircraft will be built at Bell’s Military Aircraft Assembly Center in Amarillo, Texas.
   
   On Sept. 30, the Navy signed a modification to an existing contract that exercised an option to purchase the additional aircraft. Bell is now on contract to produce a total of 49 upgraded H-1 aircraft for the Marines: 37 UH-1Y utility aircraft and 12 AH-1Z attack aircraft. So far, the company has delivered 20 upgraded H-1 helicopters: 14 UH-1Ys and six AH-1Zs.
   
   About Bell Helicopter
   
   Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.
   
   About Textron Inc.
   
   Textron Inc. is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.

Defense West
 
Thursday, December 4, 2008
  • TEWKSBURY, MA--- Raytheon Awarded $77 Million for Patriot Upgrades Posted 3:26 PM PST
  • FAIRFAX, VA--- General Dynamics Awarded $52 Million Engineering and Support Contract for TRIDENT Ballistic Missile Systems Posted 3:24 PM PST
  • SAN DIEGO--- SAIC Awarded $26 Million Contract by Space and Naval Warfare Systems Center - Pacific Posted 9:33 AM PST
  • FAIRFAX, VA--- Rgon ST Awarded $30 Million Contract Extension from U.S. Navy Posted 7:49 AM PST
  •  
    Wednesday, December 3, 2008
  • ORLANDO, FL--- Lockheed Martin Awarded $17 Million for Apache Target Acquisition Designation Sight System Modernization Posted 7:14 PM PST
  • DENVER---Lockheed Martin Selected for Contract by NASA for Next Generation GOES-R Series Weather Satellites Posted 7:29 AM PST
  •  
    Tuesday, December 2, 2008
  • BIRMINGHAM, AL--- Southern Research Wins $37 Million Black & Veatch Sub-Contract for Biological Threat Reduction Program Posted 4:13 PM PST
  • RESTON, VA--- Ventura Technology and STG Team Win $29 Million Army Enterprise IT Service Contract Posted 4:00 PM PST
  • RESTON, VA--- KORE Network to Deliver Cellular Backhaul Services for U.S. Navy and Marine Corps Advanced Metering Infrastructure Posted 9:01 AM PST
  • SAN DIEGO--- Cubic Receives $10 Million Contract to Help Develop New Military Test Range Instrumentation Posted 8:40 AM PST
  • SAN DIEGO--- JMAR Technologies Selected for a Spot in Army Commercialization Drive Posted 8:20 AM PST
  •  
    Monday, December 1, 2008
  • EL SEGUNDO--- Raytheon Electronic Warfare Suite Selected for Royal Moroccan Air Force F-16s Posted 4:41 PM PST
  • MINNEAPOLIS, MN--- ATK Awarded $26.1 Million Contract to Develop and Manufacture the Space Threat Assessment Testbed System Posted 4:40 PM PST
  • HUNT VALLEY, MD--- U. S. Army Chooses AAI’s PDCue Gunshot Detection Systems for Integration and Fielding with Weapons Stations Posted 4:36 PM PST
  • MCLEAN, VA--- Alion Awarded AMMTIAC Task Order Worth $2M for Naval Shock and Vibration Engineering Design and Testing Posted 8:26 AM PST
  •  
    Monday, November 24, 2008
  • COLLEGE STATION, TX--- StarVision Technologies Awarded Air Force Contract for Flight Qualification of Stellar Gyro Posted 7:50 AM PST
  • MCLEAN, VA-- Alion Awarded Contract Valued at up to $77M for Repair Parts-on-Demand Technology and Services Posted 7:49 AM PST



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