U.S. Army has selected Bell Textron’s [NYSE: TXT] V-280 Valor tiltrotor as its Future Long-Range Assault Aircraft (FLRAA), the aircraft manufacturer announced. Bell is a subsidiary of Textron [stock ticker].
The decision for the aircraft slated to replace the service’s aging fleet of UH-60 Black Hawk helicopters marks the largest rotorcraft buy for the Army in about four decades.
