The US Army on Monday selected Bell Textron Inc. to build the Future Long-Range Assault Aircraft in a contract worth up to $1.3 billion, beating out a Lockheed Martin Corp.-Boeing Co. team to replace the iconic Black Hawk helicopters by 2030.
The contract is one part of the Army’s Future Vertical Lift program to replace both the Black Hawk and Apache helicopters, and is seen as a crucial test of how the service can modernize without delay and cost overruns after some high-profile failures over the past 20 years.
