Textron Inc

TXT: XNYS (USA)
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V-22 Osprey Grounding Immaterial to Our Boeing and Bell Forecasts

Three branches of the U.S. military grounded their fleet of more than 400 V-22 Osprey rotorcraft following the investigation into the crash of an Air Force Special Operations Osprey in Japan on Nov. 29 that killed eight servicemen. Because the investigation indicated possible mechanical issues, though the root cause has not yet been determined, the decision to ground the fleet seems merited in the name of caution.

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