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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.
Aerospace & Defense Apr 28 Q1 Earnings Roster: TXT, NOC & LHX
by Aparajita Dutta
While recovery in commercial aerospace must have boosted aerospace & defense stocks' Q1 performance, supply chain disruption is expected to hurt overall results. Let's take a look at TXT, NOC & LHX ahead of their results.
Will Aviation Recovery Aid Textron's (TXT) Q1 Earnings?
by Zacks Equity Research
Textron's (TXT) Q1 results are expected to reflect positive impacts of commercial aviation market recovery. However lower volumes from Bell and Textron Systems might have hurt Q1 performance
Textron (TXT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
by Zacks Equity Research
Textron (TXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Product Deliveries Set to Benefit Boeing (BA) in Q1 Earnings
by Zacks Equity Research
Boeing's (BA) Q1 results are expected to reflect favorable impacts of solid commercial as well as defense deliveries. However, abnormal costs from the 787 program might have hurt overall performance.
What's in Store for Raytheon Technologies (RTX) in Q1 Earnings?
by Zacks Equity Research
Raytheon Technologies' (RTX) Q1 results are likely to reflect solid narrowbody jets' performance along with pairs and repairs strength. However, lower F-35 volumes and supply chain headwinds might have marred growth.
Textron (TXT) Unveils Completion of the Pipistrel Acquisition
by Zacks Equity Research
Textron (TXT) reveals the completion of the Pipistrel acquisition, through which it intends to strengthen its position in the next-generation electric aircraft market.
Will Poor Sales Hurt Lockheed (LMT) This Earnings Season?
by Zacks Equity Research
Lockheed's (LMT) Q1 results are expected to reflect lower Black Hawk volumes as well as increased expenses in relation to ramped-up production of Ch-53K helicopters
Boeing's (BA) Q1 Airplane Deliveries Increase 14.3% Y/Y
by Zacks Equity Research
Boeing (BA) reports 23.4% growth in commercial shipments and 5.1% growth in defense shipments year over year, which is likely to boost its first-quarter results.
Boeing (BA) Clinches Contract to Support KC-46 Pegasus
by Zacks Equity Research
Boeing (BA) receives a contract from the Defense Logistics Agency Aviation to aid the KC-46 program
Lockheed Martin (LMT) Wins $261.4M Contract for F-35 Jets
by Zacks Equity Research
Lockheed Martin (LMT) clinches a $261.4 million modification contract involving the F-35C aircraft for the Navy, the F-35A aircraft and the F-35B aircraft for non-U.S. Department of Defense participants.
Textron (TXT) Inks a Deal With flyExclusive for Citation CJ3+
by Zacks Equity Research
Textron (TXT) announces that it has inked an agreement with flyExclusive involving 30 Cessna Citation CJ3+ light jets.
Boeing (BA) Secures Deal to Support F-15 Aircraft Program
by Zacks Equity Research
Boeing (BA) is set to procure Advanced Display Core Processor II for F-15 jets.
Northrop (NOC) Wins a Deal to Support E-2D Hawkeye Program
by Zacks Equity Research
Northrop (NOC) is going to offer non-recurring engineering, logistics support, obsolescence management, cyber security software support, and technical data for supporting the E-2D Hawkeye aircraft.
Lockheed (LMT) Sikorsky Unit Wins Deal to Modify CH-53K Jets
by Zacks Equity Research
Lockheed's (LMT) Sikorsky is going to offer non-recurring engineering efforts to integrate, test, and qualify re-designed data concentrator and blade fold distributor units for CH-53K jets.
Boeing (BA) Wins $72M Deal to Support P-8A Aircraft Program
by Zacks Equity Research
Boeing (BA) is going to provide segregable effort support, unknown obsolescence, Class I change assessments and obsolescence monitoring to support P-8A aircraft.
Embraer's (ERJ) Arm Inks an Agreement With GlobalX for eVTOL
by Zacks Equity Research
Embraer S.A.'s (ERJ) subsidiary, Eve UAM, LLC (EVE), clinches an agreement from Global Crossing Airlines Group involving the delivery of 200 electric vertical take-off and landing aircraft.
Boeing (BA) Wins Deal to Supply P-8A Training Systems Hardware
by Zacks Equity Research
Boeing will deliver training systems hardware for P-8A like Operational Flight Trainer, Weapons Tactics Trainer, Virtual Maintenance Trainer and Maintenance Support Cabinet.
Lockheed Martin (LMT) Wins Deal for Supplying F-16 Retrofits
by Zacks Equity Research
Lockheed (LMT) is going to offer the Kapton replacement harness installation, harness one-time inspections, and aircraft mod line extension of 140 Taiwan F-16A/B aircraft.
PGT Innovations and Delta Air Lines have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
PGT Innovations and Delta Air Lines are highlighted as Bull and Bear of the Day.
Bell-Boeing Clinches Contract to Support V-22 Jet Program
by Zacks Equity Research
Bell-Boeing, a joint venture (JV) between Boeing (BA) and Bell Helicopter - a unit of Textron (TXT) is set to offer continued flight test support for the V-22 aircraft
Boeing (BA) Inks Deal to Supply 20 737 Max Airplanes to Arajet
by Zacks Equity Research
The Boeing Company (BA) clinches supply orders from Arajet for 20 737 Max jets, thereby capitalizing on the growing demand for jets in commercial aerospace.
Textron (TXT) is a Top-Ranked Growth Stock: Should You Buy?
by Zacks Equity Research
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Northrop (NOC) Wins $97M Deal to Support MQ-4C Triton UAS
by Zacks Equity Research
Northrop (NOC) is going to provide continued test, maintenance, logistics and sustainment engineering support for MQ-4C Triton air vehicles, mission control and operator training systems.
Textron's (TXT) Arm Inks Helicopter Supply Deal in Switzerland
by Zacks Equity Research
Textron (TXT) announces that it has further strengthened its presence in Switzerland by clinching three purchase agreements with customers in Switzerland for its helicopters.
Lockheed (LMT) Wins $870M Deal to Modify F-35 Aircraft
by Zacks Equity Research
Lockheed (LMT) will integrate mission and weapon systems capability development, including flight-test hardware, through system functional review to complete development tests on the F-35 aircraft.