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Zacks News
Textron Inc., incorporated in 1923, is a global multi-industry company that manufactures aircraft, automotive engine components and industrial tools. It also offers solutions and services for aircraft, fastening systems, and industrial products and components. Its products include commercial and military helicopters, light- and mid-size business jets, plastic fuel tanks, automotive trim products, golf carts and utility vehicles, turf-car equipment, industrial pumps and gears, engineered fastening systems and solutions, and other industrial products. It is also a commercial finance company in select markets. Textron is known globally for its most recognizable and valuable brand names, such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, E-Z-GO and Greenlee. Textron operates through five segments – Bell, Textron Systems, Textron Aviation, Industrial and Finance.
Boeing (BA) Wins Contract to Support KC-46 Tanker Aircraft
by Zacks Equity Research
Boeing's (BA) KC-46 Pegasus is a wide-body, multirole tanker that can refuel all U.S., allied and coalition military aircraft compatible with international aerial refueling procedures.
Boeing (BA) Wins $44M Deal to Support F/A-18 E/F & E/A-18G Jets
by Zacks Equity Research
Boeing (BA) is going to procure 72 Processor for incorporation of the Distributed Targeting Processor-Network System in the F/A-18 E/F and E/A-18G aircraft.
Lockheed (LMT) Wins $2B Deal for Black Hawk Helicopters
by Zacks Equity Research
Lockheed's (LMT) Sikorsky unit is going to procure 120 H-60M Black Hawk helicopters and provide related support for fiscal years 2022-2026, including options for an additional 135 aircraft.
Lockheed Martin (LMT) Wins Contract for Apache Helicopters
by Zacks Equity Research
Lockheed Martin (LMT) clinches a modification contract for the procurement of modernized day sensor assembly kits and spares for Apache helicopters.
Embraer (ERJ) Arm to Supply Up to 40 eVTOLs to Fahari Aviation
by Zacks Equity Research
Embraer S.A.'s (ERJ) subsidiary, Eve UAM, LLC (EVE), signs a Letter of Intent with Fahari Aviation for supplying up to 40 eVTOLs.
Lockheed (LMT) Wins Contract to Support MH-60R Aircraft
by Zacks Equity Research
Lockheed (LMT) is going to provide for modifications for final country-unique configuration requirements for 24 MH-60R aircraft.
Northrop (NOC) Arm Wins $248.2M Deal for MQ-4C Triton UAS
by Zacks Equity Research
Northrop Grumman's (NOC) business unit wins a modification contract worth $248.2 million to procure two additional low-rate initial-production Lot 5 of the MQ-4C Triton UAS.
Lockheed (LMT) Wins $578M Deal to Support F-35 Jet Program
by Zacks Equity Research
Lockheed (LMT) is going to offer program management support, non-recurring unique requirements, and training for continued integration efforts on the F-35 fighter jet program.
Textron (TXT) is a Top-Ranked Value Stock: Should You Buy?
by Zacks Equity Research
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Lockheed (LMT) Wins $67M Deal to Support F-35 Jet Program
by Zacks Equity Research
Lockheed (LMT) is set to procure long-lead-time materials, parts and components for the production of 17 F-35A aircraft.
Lockheed (LMT) Wins Deal to Support F-35 Fighter Jet Program
by Zacks Equity Research
Lockheed (LMT) is going to provide non-recurring engineering, delivery and installation of F-35 Joint Strike Fighter Pilot Training and Maintainer Training technical refresh hardware.
Boeing (BA) Wins Deal to Support F/A-18E/F & EA-18G Aircraft
by Zacks Equity Research
Boeing (BA) is going to procure 63 Distributed Targeting Processor - Networked B-kits for supporting anti-surface warfare capability in the F/A-18E/F and EA-18G aircraft.
Textron's (TXT) Arm Inks $12.3M Deal to Offer Support to UAS
by Zacks Equity Research
Textron (TXT) announces that it has clinched a modification contract to provide services for unmanned aircraft systems.
Lockheed (LMT) Wins $186M Deal to Support CH-53K Aircraft
by Zacks Equity Research
Lockheed (LMT) is going to procure and deliver two unfunded priority list CH-53K Heavy Lift jets, under low-rate initial production
Northrop (NOC) Wins a Deal to Support MQ-4C Triton Aircraft
by Zacks Equity Research
Northrop (NOC) is going to provide product supportability analyses for operational level maintenance, task analysis and provisioning data involving MQ-4C Triton jets
Lockheed (LMT) Wins $98M Deal to Aid F-35 Jet Delivery Schedule
by Zacks Equity Research
Lockheed (LMT) is going to procure Block 4 special tooling and test equipment to aid delivery schedules for non-U.S. DoD participants and Foreign Military Sales customer's F-35 Lightning II jets.
Bell-Boeing Wins a $61M Contract to Support CV-22 Jets
by Zacks Equity Research
Bell-Boeing, a joint venture between Boeing (BA) and Bell Helicopter - a unit of Textron (TXT) - is going to support the production line incorporation of nacelle improvements for the CV-22 aircraft.
Lockheed (LMT) Wins $31M Deal to Support F-35 Jet Program
by Zacks Equity Research
Lockheed (LMT) wins a contract for the development and delivery of F-35 pilot training device capability to support the F-35 continuous capability development and delivery plan.
Lockheed's (LMT) Unit Wins Deal to Support CH-53K Jet Program
by Zacks Equity Research
Lockheed's (LMT) Sikorsky is set to provide non-recurring engineering to support the development of an exportable variant to the Marine Corps baseline CH-53K aircraft.
Lockheed (LMT) Unit Wins $632M Deal to Support F-35 Program
by Zacks Equity Research
Lockheed (LMT) is going to offer engineering, maintenance, logistics and material support, concerning the consistent development, sustainment and manufacture of software builds for F-35 jets.
Lockheed's (LMT) Unit Wins $398M Deal to Support F-35 Jets
by Zacks Equity Research
Lockheed's (LMT) unit, Aeronautics, will procure initial spares to support F-35 Lightning deliveries from the 16th lot.
The Zacks Analyst Blog Highlights Raytheon Technologies, The Boeing Company, General Dynamics, Northrop Grumman and Textron
by Zacks Equity Research
Raytheon Technologies, The Boeing Company, General Dynamics, Northrop Grumman and Textron have been included in this Analyst Blog.
Defense Stock Roundup: RTX, GD Beat on Q1 Earnings, BA Misses
by Aparajita Dutta
The overall impact of the quarterly results of the defense stocks on the bourses was not very impressive over the past five trading sessions. Let's take a look at what grabbed the highlights at RTX, BA, GD, NOC and TXT.
Textron (TXT) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
Textron's (TXT) Q1 earnings of 88 cents per share surpass the Zacks Consensus Estimate by 22.2%. Revenues increase 4.2% from the year-ago quarter.
Textron (TXT) Surpasses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Textron (TXT) delivered earnings and revenue surprises of 22.22% and 0.92%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?