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Bell Awarded $647 Million To Support Canadian Forces Griffon Fleet

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Bell Helicopter Textron [TXT] said it has been awarded a 10-year, $647 million support services contract for the Canadian Forces CH146 Griffon helicopter fleet. This contract, known as the CH146 Optimized Weapon System Support (OWSS) contract, includes aspects of management services, engineering and technical publications, aircraft maintenance services and spare and consumable parts. The initial contract will be followed by four one-year options, to be exercised at Canada's discretion. If exercised, these four one-year options would raise the total possible…

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