Textron executives anticipate revenue growth following FLRAA protest resolution

By Nick Wilson / April 27, 2023 at 11:25 AM
Textron executives reported a slow first quarter for Bell, the company's helicopter-building subsidiary, but expect to see revenue growth for the remainder of the year as the company resumes work on the Army's Future Long-Range Assault Aircraft. After Bell was awarded the FLRAA contract for its V-280 Valor aircraft, Lockheed Martin subsidiary Sikorsky filed a bid protest that put the program on hold. After a Government Accountability Office review, the protest was denied and the Army lifted the stop-work order...

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