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Stock Market & Financial Investment News

News Breaks
July 10, 2012
05:15 EDTTXTAAI Unmanned Aircraft awarded $358M by US ARmy/Marines RQ-7B Shadow TUAS
AAI Unmanned Aircraft Systems, an operating unit of Textron Systems, a Textron (TXT) company, announced that it has received a $358M award from the U.S. Army’s Program Manager – Unmanned Aircraft Systems for engineering support and system upgrades that will create a fleet of 45 upgraded RQ-7B Shadow Tactical Unmanned Aircraft Systems, or TUAS. Deliveries of 43 systems for the Army and two for the Marine Corps are expected to begin in late 2013.
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May 13, 2013
08:47 EDTTXTCPI Aerostructures announces $3.95M in new requirements from Bell Helicopter
CPI Aerostructures (CVU) announced that it has received an extension, through 2015, to its existing General Ordering Agreement with Bell Helicopter, a Textron (TXT) company, that adds additional delivery requirements totaling $3.95M for the manufacture of various assemblies for the AH-1Z ZULU attack helicopter.

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