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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.
Textron (TXT) Earnings Expected to Grow: Should You Buy?
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.
Boeing (BA) Wins $437M Deal to Build Apache AH-64E Aircraft
by Zacks Equity Research
Boeing (BA) has already delivered more than 2,400 Apaches to various customers globally.
Defense Stock Roundup: LMT, Bell-Boeing Win Deals, BA Reveals Q1 Delivery Numbers
by Aparajita Dutta
Dearth of sufficient contract flows might have marred U.S. defense stocks' performance over the trailing five trading sessions.
Bell-Boeing Wins $143M Deal to Support V-22 Family of Jets
by Zacks Equity Research
Bell-Boeing, a joint venture between Boeing (BA) and Bell Helicopter, a unit of Textron (TXT) is going to offer logistics and repair support for V-22 family of jets
Lockheed Martin (LMT) Wins $447M Deal to Build MH-60R Aircraft
by Zacks Equity Research
Lockheed (LMT) is set to supply 12 MH-60R helicopters to Korea government
Textron (TXT) Unit Wins $95M Deal to Support T-6 Jet Program
by Zacks Equity Research
Textron's (TXT) Aviation segment is going to offer sustaining engineering services for the T-6 aircraft.
Boeing (BA) Wins $1.6B Deal for Delivery of 11 P-8A Aircraft
by Zacks Equity Research
Boeing (BA) is going to manufacture and supply nine P-8A Poseidon jets to the U.S. Navy and two such aircraft to the government of Australia
Defense Stock Roundup: LMT, NOC Win Big Contracts, AIR Beats on Q3 Earnings
by Aparajita Dutta
Smooth flow of contracts from Pentagon along with stimulus obtained from the broader market keeps U.S. defense stocks buoyant over the trailing five trading sessions.
Lockheed's (LMT) Unit Wins $100M Deal for UH-60M Aircraft
by Zacks Equity Research
Lockheed's (LMT) UH-60M is the latest in the Black Hawk helicopter family and serves as the primary medium lift helicopter for the U.S. Army
Should Value Investors Now Choose Textron Inc. (TXT) Stock?
by Zacks Equity Research
Let's see if Textron (TXT) stock is a good choice for value-oriented investors right now from multiple angles.
4 Aerospace-Defense Stocks to Watch as Low Air Traffic Concerns Loom
by Aparajita Dutta
Poor passenger volumes due to the new virus variants make Zacks Aerospace-Defense industry prospects gloomy. However, the defense side of the industry might be a savior, with the industry forerunners being LMT, NOC, LHX and LDOS.
TransDigm Group (TDG) to Report Q1 Earnings: What's in Store?
by Zacks Equity Research
TransDigm's (TDG) Q1 results are expected to reflect poor commercial OEM and aftermarket revenue performance
Lockheed (LMT) Wins $64M FMS Deal to Support F-16 Program
by Zacks Equity Research
Lockheed (LMT) is going to conduct development, integration, test and delivery of the Joint Mission Planning System Unique Planning Component software updates for F-16 jets.
Defense Stock Roundup: RTX, TDY Beat on Q4 Earnings, BA, GD Miss
by Aparajita Dutta
Mixed performance of the defense stocks in the trailing five trading sessions can be attributed to varied Q4 operational performance and the steep sell-off observed on Wall Street
Textron (TXT) Q4 Earnings Beat Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Textron's (TXT) Q4 revenues of $3,667 million surpass the Zacks Consensus Estimate by 5.7%.
Will Bell Unit Remain an Overhang on Textron (TXT) Q4 Earnings?
by Zacks Equity Research
Textron's (TXT) Q4 results are expected to reflect poor performance of the Bell segment that has been witnessing dismal performance in its commercial business.
Airlines Battle Out Pandemic: Airbus (EADSY), Boing (BA) in Focus
by Archan Sarkar
Boeing (BA) ends 2020 with 4,223 jets in its backlog, declining 22% year over year.
Lockheed (LMT) Wins $74M Deal to Support CH-53K Program
by Zacks Equity Research
Lockheed (LMT) is going to offer low rate initial production organic capability pilot repair material, technical publications and support equipment for CH-53K aircraft.
Bell-Boeing Wins $81M Deal to Support CV-22 Tiltrotor Program
by Zacks Equity Research
Boeing (BA) and Textron's (TXT) joint venture is going to offer continued non-recurring engineering support for the CV-22 aircraft.
General Dynamics (GD) Wins Deal to Manufacture M1A2 Tanks
by Zacks Equity Research
General Dynamics' (GD) Abrams Tank System continues to be the top tank choice for the U.S. Army, National Guard and Marine Corps as well as several U.S. allies.
Boeing (BA) Wins $109M Navy Deal for P-8A Training Systems
by Zacks Equity Research
Boeing (BA) is set to procure one Operational Flight Trainer (OFT) with one OFT Brief/Debrief Station (BDS) and one Weapons Tactics Trainers (WTTs) with one WTT BDS.
Defense Stock Roundup: LMT, BA Win Big Contracts, NOC Inks Divestiture Deal
by Aparajita Dutta
Positive effect of LMT and BA's contract wins and NOC's divestment deals on U.S. defense stocks offset by upheaval in the broader market after rejection of $900 billion COVID-19 aid proposal.
Bell-Boeing JV Wins $170M Contract to Support V-22 Program
by Zacks Equity Research
Bell-Boeing, a joint venture between Boeing (BA) and Bell Helicopter, a unit of Textron (TXT), is set to conduct the production and delivery of one CMV-22B variation in quantity aircraft.
Lockheed's (LMT) Unit Wins $507M Deal for Combat Helicopters
by Zacks Equity Research
Lockheed's (LMT) Sikorsky is expected to deliver more than 950 UH-60M aircraft to the U.S. Army by 2025. The army plans to buy more than 400 HH-60M MEDEVAC aircraft.
ITT Business Arm Chosen by Bell Textron to Produce LIVE Unit
by Zacks Equity Research
ITT's business arm, Enidine, will collaborate with Bell Textron to produce Bell LIVE unit for the Bell 360 Invictus project.