🐮Cattlemen's to get remodel; Bell Textron awarded $1.3B

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🗞️NEWS OF THE DAY:

The U.S. Army awarded Bell Textron up to $1.3 billion to develop a tiltrotor helicopter to eventually replace the UH-60 Black Hawk. Bell’s V-280 Valor tiltrotor design was chosen over Sikorsky-Boeing’s Defiant X coaxial rotor blade platform. The initial $232 million funding is to develop a prototype, which will be evaluated. If approved, the procurement process will proceed.

Timely opening: The Watch Preserve will open Sept. 2 at 1253 W. Magnolia Ave., where it will specialize in buying, selling, and repairing authentic vintage timepieces.

Today’s daily digit: $78,645. The lowest pay that job seekers say they are willing to take for a new job, up nearly 8% from July of last year, according to a Federal Reserve Bank of New York survey.

Land ho: The City of Fort Worth is offering 9 lots for sale in central Arlington Heights. You have to bid on all nine. Bid submission deadline is Nov. 30.

DFW corridor study: Plans to link Fort Worth, Arlington and Dallas with high-speed rail are moving ahead, and planners want to hear what potential users of the system think. The formal National Environmental Policy Act (NEPA) review process of the D-FW High-Speed Transportation Connections Study will kick off in September, and the North Central Texas Council of Governments is hosting four open house events to allow the public a chance to learn more about the project. The first open house is scheduled for 5 p.m. Tuesday, Aug. 29 at NCTCOG’s Arlington offices. Subsequent open houses can be found here.

Grapevine-based Car Capital Technologies raised nearly $3.7 million in equity, options and warrants from five investors. Its digital platform gives dealers a process to base decisions on the economics of each unique car and consumer.

Westlake-based real estate investment firm Gentry Mills Capital says it is looking to fund GMI-Property Improvement Plan LP with a $3.8 million raise. Its niche has been limited-service hotels.

🩴🩴PEOPLE ON THE MOVE:

• Levis Consulting: Hires Sultan Cole as Senior Project Manager

• Pay Fertility Forward: Names Morgan Buckley Welch Vice Chair, Board of Directors

• Aimbridge Hospitality: Hires Bobby Bledsoe as Assistant Area Director

• Hope Pregnancy Center: Hires Greta Calvery as MOM (Mobile Operations Manager) & Mentor Mom

• JTaylor: Hires Chase Vickers as Junior System Administrator

• UT-Austin: Hires Beth Zimmerman as Director of Development-Principal Gifts for the College of Fine Arts

✂️SNIPPETS:

• A little girl’s doll traveled 5,800 miles back to her in the arms of an American Airlines pilot who went out of his way to reunite the two.

• Nothing to do with business: He walks onstage barefoot and disinterested. You can do that if you’re Hajime Miura, and you’re the G.O.A.T. at the 2023 World Yo-Yo Championship. (see video)

• The Kansas Business Hall of Fame announced retired BNSF Railroad President and CEO Carl Ice is a 2023 inductee. He will be inducted at a ceremony on Wednesday, October 4.