GE Aerospace Partners With Bell Textron For V-280 Valor Military Aircraft System

General Electric Company's GE GE Aerospace has been chosen by Textron Inc's TXT unit, Bell Textron Inc., to develop components for the Bell V-280 Valor future long-range assault aircraft.

Under the deal, GE Aerospace will provide a digital backbone, voice and data recorder, and health awareness system for Bell V-280 Valor.

The V-280 Valor will enable the U.S. Army and its allies to maintain battlefield superiority, including transformational speed, range, payload, and endurance capabilities.

By adhering to the U.S. Army's Modular Open Systems Approach (MOSA), GE Aerospace aims for rapid testing, verification, and fielding of mission-focused capabilities for future vertical lift programs.

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"Our open systems technologies and experience provide the customer with the ability to make aircraft system modifications for this next generation of vertical lift aircraft," said Amy Gowder, president and CEO, Defense & Systems for GE Aerospace. 

In its Q2 results, GE said GE Aerospace is delivering double-digit growth in orders, revenue, and operating profit year-over-year. 

Price Action: GE shares are trading lower by 0.88% to $111.69 on the last check Thursday.