Boeing receives two study contracts from U.S. Army for Joint Heavy Lift
Published: Sat Sep 24th, 2005Source: www.boeing.com
PHILADELPHIA, Sept. 23, 2005 – The U.S. Army has awarded Boeing [NYSE: BA] two contracts to perform conceptual design and analysis of vertical-takeoff-and-landing concepts for the Joint Heavy Lift (JHL) program. One contract, worth $ 3.4 million, goes to Boeing Phantom Works for its Advanced Tandem Rotor Helicopter (ATRH). Boeing proposed the ATRH in the Army’s low-speed category, which is for vehicles that fly between 160 and 200 knots.
The other contract, worth $3.45 million, goes to the team of Bell Helicopter, a Textron company (NYSE: TXT), and Boeing Phantom Works for the QuadTiltrotor (QTR) aircraft, which was entered in the high-speed category of 250 knots or more.
“These awards are important first steps toward defining a next-generation military weapon system – and a great opportunity to demonstrate how cutting edge technologies can be applied to meet joint service needs,” said Ron Prosser, Boeing Phantom Works vice president and general manager of Integrated Defense Advanced Systems. “Boeing has been developing multiple configurations to help our customer better evaluate its requirements for Joint Heavy Lift.”
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