ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

TXT Textron Inc

84.77
0.18 (0.21%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Textron Inc NYSE:TXT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.18 0.21% 84.77 85.86 84.12 84.48 979,390 01:00:00

State Dept. Approves Pakistan Arms Request

07/04/2015 12:06am

Dow Jones News


Textron (NYSE:TXT)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Textron Charts.
By Doug Cameron 

The State Department has approved Pakistan's request to buy almost $1 billion in U.S.-made attack helicopters, missiles and other equipment aimed at fighting insurgents in the country's mountainous north and west regions.

U.S. defense companies are engaged in a three-way tussle with Russia and China to sell weapons to Pakistan, complicated by the need to avoid upsetting neighbor India and its even larger arms' import market.

The Pentagon said Monday that Pakistan had requested 15 AH-1Z Viper helicopters made by the Bell arm of Textron Inc., as well as 1,000 Hellfire missiles produced by Lockheed Martin Corp. and a host of other communications and training equipment with a total value of $952 million, according to a notification to Congress, which needs to approve any sale.

Any deal would be structured as a foreign military sale between the two governments.

"This proposed sale of helicopters and weapon systems will provide Pakistan with military capabilities in support of its counterterrorism and counterinsurgency operations in South Asia," said the Defense Security Cooperation Agency, which oversees U.S. military exports.

Write to Doug Cameron at doug.cameron@wsj.com

Access Investor Kit for Lockheed Martin Corp.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US5398301094

Access Investor Kit for Textron, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US8832031012

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Textron Chart

1 Year Textron Chart

1 Month Textron Chart

1 Month Textron Chart

Your Recent History

Delayed Upgrade Clock