Textron Wins $80 Billion U.S. Army Helicopter Contract. Stock Soars.

Shares of industrial-defense company


Textron


are soaring Tuesday. Winning an $80 billion contract will do that.

Monday evening, the U.S. Army announced it had selected


Textron


(ticker: TXT) subsidiary Bell Helicopter to supply its new long-range assault helicopter. Textron beat a joint bid from


Lockheed Martin


(LMT) and


Boeing


(BA).