Bell Places Moog Under Contract For FLRAA, V-280 Valor; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Moog Inc. (NYSE:MOG) has been contracted by Bell Textron Inc., a Textron company, to supply flight control content for the U.S. Army's Future Long Range Assault Aircraft (FLRAA), the Bell V-280 Valor. The contract covers core design and development activities through the Middle Tier Acquisition (MTA) phase of the program. Financial terms were not disclosed.
August 24, 2023 | 8:40 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Moog Inc. has secured a contract with Bell Textron, which could potentially boost its revenues.
The contract with Bell Textron for the FLRAA program could potentially increase Moog's revenues and profitability in the short term. However, the financial terms of the contract were not disclosed, so the exact impact cannot be determined.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Bell Textron has contracted Moog Inc. for the FLRAA program, which could potentially increase its operational efficiency.
The contract with Moog for the FLRAA program could potentially increase Bell Textron's operational efficiency and competitiveness in the short term. However, the financial terms of the contract were not disclosed, so the exact impact cannot be determined.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100