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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.
Lockheed (LMT) Wins $167M Deal to Support F-35 Jets Program
by Zacks Equity Research
Lockheed (LMT) will procure, deliver, install and configure 22 training devices for F-35 jets.
Boeing (BA) Clinches $195M Deal to Procure MH-47G Aircraft
by Zacks Equity Research
Boeing's (BA) MH-47 belongs to the aerospace giant's combat-proven CH-47 Chinook family of helicopters.
Lockheed Martin (LMT) Wins $1.4B Support Contract for C-130J
by Zacks Equity Research
Lockheed Martin (LMT) clinches a contract for logistics support and sustainment of the C-130J aircraft.
Defense Stock Roundup: LMT, RTX, GD Beat on Q4 Earnings, BA Misses
by Aparajita Dutta
The S&P 500 Aerospace & Defense (Industry) index drops 1.7% while the Dow Jones U.S. Aerospace & Defense index declines 2.2% in the trailing five trading sessions.
Textron (TXT) Q4 Earnings Lag Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Textron's (TXT) Q4 adjusted earnings of 94 cents per share miss the Zacks Consensus Estimate of 98 cents by 4.1%.
Aerospace Stocks to Watch for Earnings on Jan 27: TDY, TXT & NOC
by Aparajita Dutta
Aerospace sector Q4 earnings are expected to significantly improve from the prior year quarter and revenues are projected to be up 3.7%. TDY, TXT and NOC are stocks to watch.
Will Supply-Chain Issues Hurt Textron's (TXT) Q4 Earnings?
by Zacks Equity Research
Textron Inc.'s (TXT) Q4 results are likely to have gained from the recovery in the aviation market. However, supply-chain issues might have weighed down its quarterly results.
Will Strong Sales Volume Aid Teledyne's (TDY) Q4 Earnings?
by Zacks Equity Research
Teledyne Technologies' (TDY) Q4 results are likely to have gained from the FLIR acquisition along with solid sales volume performance. Strong cost-reduction efforts may have boosted quarterly earnings.
General Dynamics' (GD) Arm Wins Support Deal for Antennas
by Zacks Equity Research
General Dynamics' (GD) business unit wins a contract involving services in support of the Tactical Network-On the Move systems and equipment.
Improved Product Deliveries to Aid Boeing (BA) in Q4 Earnings
by Zacks Equity Research
Boeing's (BA) Q4 results are expected to reflect the benefits of improved commercial and defense deliveries as well as solid aftermarket services.
Will Increased Opex Hurt General Dynamics (GD) Q4 Earnings?
by Zacks Equity Research
General Dynamics' (GD) Q4 results are likely to reflect a positive impact from the gradual improvement in air travel and cost reduction efforts. However, increased expenses might have hurt earnings.
Will Supply Chain Issue Hit Lockheed (LMT) in Q4 Earnings?
by Zacks Equity Research
Lockheed's (LMT) Q4 results are expected to reflect benefits of strong operational performance, which might have been partially marred by supply chain disruption
What's in Store for Raytheon Technologies (RTX) in Q4 Earnings?
by Zacks Equity Research
Raytheon's (RTX) Q4 results are expected to reflect merger-related benefits and improved commercial aerospace trends. However, 787 headwinds might have had a mild impact on its quarterly performance.
L3Harris Technologies (LHX) Wins Deal to Aid C-130H Program
by Zacks Equity Research
L3Harris Technologies (LHX) is going to offer services required to complete program depot maintenance (PDM) for C-130H aircraft.
Boeing's (BA) Q4 Commercial Deliveries Rise on 737 Shipments
by Zacks Equity Research
Boeing (BA) reports 67.8% growth in commercial shipments and 38.2% growth in defense shipments year over year, providing a strong boost to its fourth-quarter results.
Embraer (ERJ) Clinches $172M Sale Agreement With Aernnova
by Zacks Equity Research
Embraer S.A. (ERJ) unveils its transaction with Aernnova involving the sale of its industrial plants in Evora to Aernnova to enhance the production capabilities of its units.
Embraer's (ERJ) Arm Announces Partnership With Falko for eVTOL
by Zacks Equity Research
Embraer S.A.'s (ERJ) subsidiary, Eve UAM, LLC (EVE), unveils a potential agreement with Falko involving the delivery of 200 eVTOL. This provides an opportunity for Embraer to capitalize on the growing eVTOL trend.
Bell-Boeing Wins a $1.7B Deal to Support V-22 Osprey Fleet
by Zacks Equity Research
Bell-Boeing, a joint venture (JV) between The Boeing Company (BA) and Bell Helicopter -a unit of Textron Inc. (TXT) is going to supply aircraft components for the V-22 Osprey fleet.
Boeing (BA) Expands in ULCC Market, Wins Deal for 737 MAX Jet
by Zacks Equity Research
The Boeing Company (BA) clinches an order for 50 ultra-low-cost carrier 737 MAX aircraft along with an option for 50 more aircraft from Allegiant Air, thus expanding its operations in the ULCC market.
Lockheed's (LMT) Unit Wins Deal to Support CH-53K Aircraft
by Zacks Equity Research
Lockheed's (LMT) Sikorsky unit is going to deliver 681 spare parts for CH-53K jets
Boeing (BA) Wins $471M Deal to Modify Japan's F-15 Jets
by Zacks Equity Research
Boeing (BA) is going to develop, test and deliver four Weapon System Trainers for Japan's F-15 program.
Lockheed Martin (LMT) Wins $492.7M Modification Contract
by Zacks Equity Research
Lockheed Martin's (LMT) Aeronautics unit clinches a modification contract for logistics support to the F-35 Lightning II Joint Strike Fighter aircraft.
Lockheed (LMT) Wins $324M Deal to Support F-35 Aircraft
by Zacks Equity Research
Lockheed (LMT) is going to procure material modification kits for F-35 jets along with offering program management, non-recurring engineering and aircraft induction support.
Lockheed (LMT) Wins $77M Contract to Support F-16 Program
by Zacks Equity Research
Lockheed (LMT) is going to offer engineering, manufacturing, and development, production, integration, testing and delivery of training devices for F-16 Block 70 training systems.
Boeing (BA) Wins $367M Deal to Modify F/A-18 Fighter Jets
by Zacks Equity Research
Boeing (BA) believes that the Super Hornet F/A-18 is the most cost-effective aircraft in the U.S. tactical aviation fleet