Textron executives confident in profitability of FLRAA despite looming protest

By Dan Schere / January 25, 2023 at 11:07 AM
In spite of a recent bid protest, Textron executives said during a fourth-quarter earnings call Wednesday that they believe the Future Long-Range Assault Aircraft contract award will be a “terrific boon for the business” over the next few years. Bell, which is owned by Textron, was awarded the FLRAA contract in early December for its V-280 Valor aircraft, which will eventually replace the UH-60 Black Hawk in 2030. The contract’s initial award was for $232 million, but the Army said...

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