How the New Defense Budget Supports Army Modernization
With the ever-shifting nature of the U.S. Federal Budget negotiations, uncertainty about potential spending is higher than usual due to the upcoming elections. As the U.S. Army prepares to modernize its aircraft fleet to harness the power of new vertical flight technology with greater range and versatility, the requested budget is critical to making the modernization effort successful. Fortunately, the 2021 budget proposes $1.57 billion annually - up from $950 million last year – for the Future Long-Range Assault Aircraft (FLRAA) program, which would replace the UH-60 Black Hawk.After reviewing the Pentagon’s proposed budget, The Motley Fool likes the V-280’s chances of winning the award.
About Bell
Thinking above and beyond is what we do. For more than 85 years, we’ve been reimagining the experience of flight – and where it can take us.
We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of advanced air mobility.
Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.
Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.
About Textron
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com.
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