Textron
stock soared Tuesday after the defense company won a contract worth up to $80 billion to build a new helicopter for the Army.
Word of the award came late Monday. The Army is turning to
Textron
(ticker: TXT) subsidiary Bell Helicopter for a new long-range assault helicopter—the Bell V-280 Valor—that will replace the service’s 40-plus-year-old UH-60 Black Hawk.
Source: https://www.barrons.com/articles/textron-bell-lockheed-martin-boeing-stock-price-army-helicopter-51670330170?siteid=yhoof2&yptr=yahoo