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2023-05-08 18:06:55 ET Summary TXT operates in various industries, with Aviation and Bell being the most significant segments. Aviation's elevated backlog and Bell's recent FLRAA contract have resulted in high visibility for near-term growth. Aviation's profitability is expected t...
With customer input at the forefront of its product investments, Textron Aviation today announced it is bringing the revolutionary Garmin Emergency Autoland system to its new clean-sheet design Beechcraft Denali single-engine turboprop. The new feature is being implemented into the aircraft...
2023-04-27 16:37:14 ET Textron Inc. (TXT) Q1 2023 Earnings Conference Call April 27, 2023, 8:00 AM ET Corporate Participants Eric Salander - Vice President, Investor Relations Scott Donnelly - Chairman and Chief Executive Officer Frank Connor - Chief Financial Of...
2023-04-27 09:29:43 ET Textron’s ( NYSE: TXT ) profit declined in Q1 as its Bell helicopter business saw lower sales and was less profitable than in the prior year. The company said it expects Bell to increase revenue as it resumes work on a next-generation tilt-rotor aircraf...
2023-04-27 06:40:03 ET Textron press release ( NYSE: TXT ): Q1 Non-GAAP EPS of $1.05 beats by $0.06 . Revenue of $3.02B (+0.7% Y/Y) misses by $90M . Net cash from operating activities of $153M in the first quarter of 2023. 2023 Outlook: Net cash from o...
EPS of $0.92; adjusted EPS of $1.05 Net cash from operating activities of $153 million in the first quarter of 2023 $377 million returned to shareholders through share repurchases in the first quarter Textron Inc. (NYSE: TXT) today reported first quarter 2023 net income of $0.92...
2023-04-26 11:47:46 ET Textron ( NYSE: TXT ) is scheduled to announce Q1 earnings results on Thursday, April 27, before market open. The consensus EPS estimate is $0.99 (+12.5% Y/Y) and the consensus revenue estimate is $3.11B (+3.7% Y/Y). Over the last 2 years, TXT ...
Textron Aviation today announced the delivery of its 400 th Citation CJ4 series aircraft to Koch Holdings of Easton, Pennsylvania. This milestone delivery for the Cessna Citation CJ4 series reinforces the Citation family as the world’s most popular line of business jets and demonstra...
2023-04-24 14:15:29 ET Textron ( NYSE: TXT ) won a $279 million verdict in a patent infringement lawsuit against DJI Technology, a Chinese maker of commercial drones, Reuters reported Monday. A jury in Waco, Texas, determined that DJI's drones violated two patents held by T...
2023-04-24 11:14:01 ET Military spending worldwide last year rose to a record after Russia's invasion of Ukraine triggered the biggest buildup in Europe since the Cold War ended more than 30 years ago, according to the Stockholm International Peace Research Institute (SIPRI). The think ...
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Textron Aviation Inc. , a Textron Inc. (NYSE:TXT) company, today announced a special edition 60 th anniversary option for the iconic Beechcraft King Air 260 and 360 turboprops to celebrate the aircraft’s proud history of being the best-selling business turboprop family in...
Textron Aviation Inc. , a Textron Inc. (NYSE: TXT) company, today announced significant enhancements to its legendary Cessna Caravan and Cessna Grand Caravan EX utility turboprop aircraft. A brighter, modernized flight deck with new backlit panels, along with other amenities designe...
Textron Aviation Inc. , a Textron Inc. (NYSE: TXT) company, today announced that its new military multi-engine training aircraft — built upon the versatile and reliable Beechcraft King Air 260 — is making its show and European debut at the Farnborough International Airshow...