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Textron May Have Won an $80 Billion Army Contract

TheMotleyFool

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Textron May Have Won an $80 Billion Army Contract: https://g.foolcdn.com/editorial/images/712530/v-280-valors-in-flight-is-textron.jpg

Military arms-maker Textron (NYSE: TXT) may have just won an $80 billion contract from the U.S. Army. To be more precise, Textron definitely won the contract. It's just not 100% certain yet how much that contract is worth.

But $80 billion is definitely a possibility.

This story begins nearly a decade ago, when the U.S. Army announced a "Joint Multi-Role Technology Demonstrator" program to see which defense contractor could come up with the best solution to replace its aging fleet of UH-60 Black Hawk helicopters.

Source Fool.com

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