Textron says winning one or two new helicopter programs 'would drive significant growth' for Bell

July 17, 2019 at 11:10 AM
Textron today reported lower quarterly sales and profit in its Bell Helicopter business, but said new opportunities from the Army and Marine Corps could provide growth. Textron said sales at Bell during the most recent quarter reached $771 million, down 7% from the same period last year, because of "lower military volume." The unit's profit declined about 12% in the quarter. Scott Donnelly, Textron's chief executive, told analysts during a call this morning that Bell's military business benefits from a...

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