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These 5 Companies Will Compete to Build a New Attack Airplane

Lou Whiteman, The Motley Fool
·4-min read
These 5 Companies Will Compete to Build a New Attack Airplane

The U.S. military is in the market for a new propeller-powered attack aircraft. The U.S. Special Operations Command could spend as much as $1.5 billion on these planes in the years to come -- but first one candidate must prove its worth. Special Operations Command has awarded a total of $19.2 million to Textron (NYSE: TXT), L3Harris (NYSE: LHX), Leidos Holdings (NYSE: LDOS), as well as privately held Sierra Nevada and MAG Aerospace to fund construction of five prototype designs.

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