Textron shares soar after beating Boeing and Lockheed to win US military helicopter contract


Stocks are soaring on Tuesday after the company won $80 billion contract to build a new helicopter for the army.

Monday Night, US Army announced it chose


(code: TXT) subsidiary Bell Helicopter to deliver its new long-range attack helicopter. Textron beat a joint bid from

Lockheed Martin

(LMT) and

Boeing airplanes



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