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Bell Helicopter Receives Contract for Additional H-1 Aircraft
(Fort Worth, TX., October 10, 2008) -- Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced that the U.S. Navy has exercised an option under its contract with Bell to purchase Lot 5 of the H-1 Upgrade Program, an award worth $210 million.
The 15 aircraft in Lot 5 include 11 UH-1Y aircraft and four AH-1Z aircraft. All 15 aircraft will be built at Bell's Military Aircraft Assembly Center in Amarillo, Texas.
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