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Textron award estimated at $11 per share net present value, says Jefferies
The Fly

Textron award estimated at $11 per share net present value, says Jefferies

Jefferies analyst Sheila Kahyaoglu writes that the $80B future long-range assault aircraft program, awarded to Textron’s (TXT) Bell V-280 by U.S. Army, could be a "$66B revenue generator through 2050", adding $11 to Textron stock’s net present value. Kahyaoglu also contends that its V-280 tilt rotor is a "structurally better aircraft" as the decision to award the contract to Textron came despite the "very strong" showing from Lockheed Martin’s (LMT) Sikorsky team.

Published first on TheFly

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