Textron Inc. Bell, a subsidiary of Textron Inc., has been awarded funding for the build phase of the Defense Advanced Research Projects Agency (DARPA) Speed and Runway Independent Technologies (SPRINT) X-Plane program. This funding is specifically for Phase 2, where Bell will focus on the detailed design and construction of an X-plane demonstrator. The program aims to develop aircraft capable of cruising at speeds between 400 to 450 knots and hovering in austere environments. Bell has been preparing for this development with significant risk reduction activities, including wind tunnel testing and other technology demonstrations.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.