Bidders on the U.S. Air Force UH-1N replacement program are awaiting a final contract award this month to replace the service's Huey fleet with 84 helicopters. While the acquisition contract could be worth up to $900 million, the Air Force forecasts $4.1 billion in total costs over the projected 30-year service life of the aircraft.The contract process is structured as a "best value" competition.Last year, Bell parent company Textron [TXT] informed Air Force officials that the company, the incumbent, would…
Bidders Await US Air Force Award on UH-1N Replacement This Month
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