Bell Textron awarded $359.87M Defense Logistics Agency contract

Bell Textron (TXT) has been awarded an estimated $359.87M modification exercising the five-year option period of a five-year base contract with one five-year option period for H-1 aircraft support. This is a firm-fixed-price, fixed-price incentive, performance-based requirements contract. The performance completion date is Sept. 28, 2030. Using military service is Marine Corps. Type of appropriation is fiscal 2025 through 2030 defense working capital funds. The contracting activity is the Defense Logistics Agency Aviation.