Textron Stock Soars After Beating Boeing and Lockheed for U.S. Military Helicopter Deal

Textron

stock is soaring Tuesday following the enterprise received an $80 billion deal to establish a new helicopter for the army.

Monday night, the U.S. Military declared it had selected

Textron

(ticker: TXT) subsidiary Bell Helicopter to provide its new extensive-assortment assault helicopter. Textron conquer a joint bid from

Lockheed Martin

(LMT) and

Boeing

(BA).

Textron

stock is soaring Tuesday following the enterprise received an $80 billion deal to establish a new helicopter for the army.

Monday night, the U.S. Military declared it had selected

Textron

(ticker: TXT) subsidiary Bell Helicopter to provide its new extensive-assortment assault helicopter. Textron conquer a joint bid from

Lockheed Martin

(LMT) and

Boeing

(BA).