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Without Further Army Investment, Textron May Pull Funding From V-280

Friday, January 25th, 2019

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Without Further Army Investment, Textron May Pull Funding From V-280

The V-280 Valor prototype on the flight line at Bell's Amarillo, Texas, manufacturing facility. (Photo by Dan Parsons)

Bell needs significantly more investment by the Army in its Future Vertical Lift program or parent company Textron [TXT] may be forced to pull funding from the advanced tiltrotor development effort, according to Chief Executive Scott Donnelly. The V-280 Valor celebrated the first anniversary of its first flight Dec. 18 and it was announced Jan. 24 the aircraft had amassed 85 flight hours and reached the 280-knots true airspeed mark for which it was named. During an earnings call the…

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