Boeing and Sikorsky Team Up on JMR TD Helo Program

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

On Thursday, Boeing (NYSE: BA  ) announced that it is teaming up with United Technologies (NYSE: UTX  ) subsidiary Sikorsky to field a variant of Sikorsky's X2 rotorcraft helicopter (which features counter-rotating coaxial main rotors and a pusher propeller), for the Army's new Joint Multi-Role (JMR) Technology Demonstrator (TD) Phase 1 program.

JMR TD is the Army's acronym for its next generation series of medium transport and attack helicopters, now being designed. In a statement, Sikorsky boasted that its offering will offer the Army "a 100-knot improvement in speed, a 60 percent improvement in combat radius, and 50 percent better high-hot hover performance" over current helicopters.

Bids on Phase 1 of JMR TD are due in at the Army March 6. So far, potential competitors to the Boeing/Sikorsky team are expected¬†to include Textron (NYSE: TXT  ) , which may offer a variant of its V-22 Osprey; EADS, with the U-72A Lakota; and AgustaWestland (although that firm may be a bit distracted by the bribery scandal in India). Winning bids will be announced late this year, with the winners expected to deliver one or more demonstrator aircraft by 2017.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2286746, ~/Articles/ArticleHandler.aspx, 9/25/2016 11:55:50 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:02 PM
BA $131.78 Down -0.09 -0.07%
Boeing CAPS Rating: ****
TXT $39.45 Down -0.27 -0.68%
Textron CAPS Rating: ****
UTX $102.56 Down -0.44 -0.43%
United Technologie… CAPS Rating: ****