Bell Textron

The factory is the first to take advantage of a new state incentive program, bringing 520 jobs to North Texas.

Aerospace company Bell Textron Inc. is considering investing $157 million to establish a new advanced manufacturing plant located in Alliance in far north Fort Worth, according to its application for state incentives.

Aerospace and defense contractor Bell Textron, Inc. is offering voluntary separation packages to employees in Fort Worth and Amarillo as the company prepares to build a new attack helicopter for the U.S. Army. Experts say the move could be a sign that it is transitioning work as its other contracts end.

Bell Textron Inc. beat two of the biggest defense contractors in the industry for a U.S. Army contract to manufacture the replacement of the UH-60 Black Hawk. Securing the contract means billions for the company for decades to come.