Shares of Textron Inc. (TXT) are rising more than 5% Tuesday morning at $74.09 after winning Army contract.
The company said Bell Textron Inc., a Textron company, has been awarded the development contract for the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) program.
"We are honored that the U.S. Army has selected the Bell V-280 Valor as its next-generation assault aircraft," said Scott C. Donnelly, Textron's chairman and chief executive officer.
TXT has traded in the range of $57.11- $79.45 in the last 1 year.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.