Four companies have decided not to bid for the Air Force’s program to replace its HH-60 Pave Hawk helicopter. European Aeronautic and Space Co., Boeing [BA] and Northrop Grumman [NOC] recently confirmed they decided not to move forward on the Air Force’s Combat Rescue Helicopter program, which has a cap of $6.8 billion. Boeing also decided not to bid as a teammate of Bell Helicopter, a division of Textron [TXT]. That leaves Sikorsky, a division of United Technologies Corp. [UTX],…
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