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Bicycling, fitness center, rooftop bar coming to Clearfork's Trailhead

An 11,000-square-foot bicycling and fitness center is headed for the Trailhead at Clearfork on the Trinity River in west Fort Worth, Cassco Development said Wednesday.

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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Bell Helicopter, Lockheed Martin team on V-280 Valor

A. Lee Graham

Reporter

Bell Helicopter Inc. of Fort Worth and Lockheed Martin Corp. have teamed up on the Bell V-280 Valor, making Lockheed Martin the first of Bell’s V-280 program tier one team members.

More team members will be announced in coming months.

"We are very excited about teaming with Lockheed Martin on the V-280,” said John Garrison, president and CEO of Bell Helicopter in a news release.

A Lockheed Martin spokesman echoed that sentiment. The Maryland company’s aeronautics segment is based in Fort Worth.

“We made the strategic decision to invest in a mission system and provide Bell Helicopter with this leap-ahead combat capability on the V-280 Valor,” said Dale P. Bennett, executive vice president, Lockheed Martin Mission Systems and Training.

The Bell V-280 Valor recently was selected by the U.S. Army to enter into negotiations for the Joint Multi-Role Technology Demonstrator program, with contracts expected to be awarded sometime this month.

What Bell called the Valor’s versatile design can perform missions with unparalleled speed, range and agility, making the aircraft a combat multiplier. The company called the V-280 the most advanced and operationally effective vertical lift solution, providing the warfighter a decisive advantage.

Bell Helicopter, a wholly owned subsidiary of Textron Inc., builds commercial and military, manned and unmanned vertical-lift aircraft. Its global workforce serves customers flying Bell aircraft in more than 120 countries. More information is available at www.textron.com.

lgraham@bizpress.net

 

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