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Stock impact report

Bell prepares to begin construction on big Alliance factory for Army aircraft [Yahoo! Finance]

Textron Inc. (TXT) 
Last textron inc. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Bell Textron Inc. plans to begin construction of its planned $632 million aircraft parts factory in north Fort Worth in April. The Fort Worth-based aerospace and defense giant will build a 448,000-square-foot building at 15100 N. Beach St., in AllianceTexas, where it will manufacture rotor blades and transmissions for the MV-75, a next-generation attack aircraft set to replace the Black Hawk helicopter. Bell has a contract to deliver the helicopters to the U.S. Army that could be worth $70 billion for the company. More than 1,000 employees work on the engineering and manufacturing development portion of the aircraft, Bell executives said previously. The company employs more than 8,000 people total, with about 4,000 based in Fort Worth. Those numbers could increase due to the Army contract. Read the full story here. Show less Read more
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