Textron Adds 5% On Receipt Of Army Contract

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

Get Access to Premium Stock Alerts with RTT Biotech Investor.
Follow RTT