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The Army on Wednesday evening announced it has selected Sikorsky’s [LMT] Raider X and Bell’s [TXT] 360 Invictus to move forward in its Future Attack Reconnaissance Aircraft (FARA) program. Sikorsky and Bell beat out a team of AVX [AVX] and L3Harris [LHX], Boeing [BA] and a team of Karem Aircraft, Northrop Grumman [NOC] and Raytheon [RTN], and will now go on to build competitive prototypes for the Army’s next scout helicopter. "The Future Attack Reconnaissance Aircraft is the Army's number…
