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Textron Inc.’s Bell unit wins massive Army helicopter contest

Textron Inc.’s Bell unit wins massive Army helicopter contest

A helicopter with important ties to Wichita has won a contract from the U.S. Army that could lead to more than 2,000 aircraft. The Army late Monday afternoon selected the V-280 Valor from the Bell unit of Textron Inc. as the winner of its Future Long Range Assault Aircraft program. The contract win will likely be challenged by the opposing team of Lockheed Martin Corp.’s (NYSE: LMT) and the Boeing Co. (NYSE: BA).