TXT News and Press, Textron Inc. From 03/08/23

2023-03-08 13:02:24 ET Summary BWX Technologies has done well from a sales perspective, but bottom line results have been under pressure. Even with this being the case, guidance for 2023 is encouraging, but this doesn't make the company a great prospect. Shares have done well,...

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Summary Gabelli Funds’ 13F portfolio value increased from $12.13B to $12.87B this quarter. They decreased Apple, Alphabet, PNM Resources, Brown Forman, UnitedHealth, and Verizon during the quarter. The top five positions are NextEra Energy, Deere & Company, Mastercard, Ge...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Aerospace and  defense stocks  have seen a resurgence over the past year. The war in Ukraine reminded folks that the world remains a dangerous place. After many years of stagnant or shrinking defense budgets, signific...

Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today the Bell 505 completed its first flight fueled solely by 100% Sustainable Aviation Fuel (SAF), marking the first-ever single engine helicopter to fly with 100% SAF. Bell collaborated with Safran Helicopter Engines, Neste, GKN ...

Textron Aviation today announced it has been awarded the Multi-Engine Training System (METS) contract by Naval Air Systems Command (NAVAIR) through a full and open competition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230...

Summary Bell, a subsidiary of Textron, won the V280 helicopter contract estimated to be worth $70 to $80 billion. Bell expects lower profits this year. The aviation business sales were $300 hundred million lower than guidance because of supply chain and labor issues. The aviation backlo...

Summary General Dynamics is our most preferred Aerospace and Defense stock given the availability of near-term catalysts and the financial impact on near-term 12-month financial results. We anticipate General Dynamics will surprise on revenue and earnings over the course of 2023 given t...

Textron Aviation today announced it is now offering a gravel kit for its new twin-engine, large-utility Cessna SkyCourier turboprop that gives customers the flexibility to operate their aircraft in and out of unimproved runways around the world. First deliveries of the SkyCourier with the i...

Win marks Kautex’s entrance into battery housings and related components Kautex Textron GmbH & Co. KG (Kautex) , a Textron Inc. (NYSE: TXT) company, announced it has received the first order from an automotive OEM for a thermoplastic composite underbody battery protection...