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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) to Sell 325 Cessna Citation Aircraft to NetJets
by Zacks Equity Research
Textron (TXT) signs pact with NetJets for sale of 325 Cessna Citation aircraft with the first delivery expected in the second half of 2019.
Textron (TXT) Misses Q3 Earnings Estimates, Narrows EPS View
by Zacks Equity Research
The year-over-year decline in Textron's (TXT) Q3 earnings can be attributed to drop in revenues during the reported quarter
Textron (TXT) Lags Q3 Earnings and Revenue Estimates
by Zacks Equity Research
Textron (TXT) delivered earnings and revenue surprises of -19.74% and -9.36%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Zacks Analyst Blog Highlights: AeroVironment, Textron, Northrop Grumman and FLIR Systems
by Zacks Equity Research
The Zacks Analyst Blog Highlights: AeroVironment, Textron, Northrop Grumman and FLIR Systems
Will Textron's (TXT) Q3 Earnings Reflect Divestiture Gains?
by Zacks Equity Research
Possible sales growth at the Industrial and Bell segments, which together account for more than 50% of Textron's (TXT) top line, is expected to drive third-quarter revenues
Here's Why You Should Add Textron (TXT) to Your Portfolio
by Zacks Equity Research
Textron (TXT) to provide better returns to investors, courtesy of these four factors.
4 Defense Stocks to Buy on Higher Spending, Mergers
by Ritujay Ghosh
Increased defense spending is making a larger number of contractors go for mergers so that they have more scale to bid on bigger projects.
4 Defense Stocks Worth Investing in Ahead of Q3 Earnings
by Zacks Equity Research
Stocks in the Zacks Aerospace sector are expected to exhibit year-over-year earnings growth of 16.6% on 6.5% revenue growth in the third quarter
Lockheed Wins $164M Deal to Offer Filed Support for THAAD
by Zacks Equity Research
Lockheed Martin (LMT) regularly wins contracts for its varied missile segments that include THAAD, AEGIS Ballistic Missile Defense and PAC-3 missiles.
Boeing-Lockheed JV Wins $967M Deal for Launch System Prototype
by Zacks Equity Research
ULA's a joint venture between Boeing (BA) and Lockheed Martin (LMT) launch vehicles have played a major role in the U.S. space ventures, given its highest commitment to crew safety and mission success.
Textron (TXT) Q3 Earnings Preview: What to Know Ahead of the Release
by Zacks Equity Research
Textron (TXT) possesses 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 $242M Deal to Build Apache AH-64E Aircraft
by Zacks Equity Research
Boeing's (BA) AH-64E is the latest version of the AH-64 gunship and is equipped with new sensors, avionics and improved night operation capabilities
Textron Wins $98M Material Delivery Deal for SSC Program
by Zacks Equity Research
Textron's (TXT) Ship-to-Shore Connector (SSC) is an air cushion vehicle and the functional replacement for the existing fleet of its old vehicles.
AAR Corp (AIR) Q1 Earnings Top Estimates on Higher Y/Y Sales
by Zacks Equity Research
AAR Corp.'s (AIR) net sales of $466.3 million exceeded the Zacks Consensus Estimate of $455 million by 2.5%.
Lockheed Martin (LMT) Secures $51.1M Contract for JASSM-XR
by Zacks Equity Research
Lockheed Martin (LMT) clinches a contract of $51.1 million to provide all-up round level systems engineering and programmatic activities for Joint Air-to-Surface Standoff Missile Extreme Range.
Northrop Grumman Wins Deal to Upgrade Avionics in Helicopters
by Zacks Equity Research
Northrop Grumman's (NOC) Integrated Avionics Systems provides communications, navigation and identification functions that allow fighter pilots to communicate, navigate, and detect and avoid threats.
Rockwell Collins Wins $33M Deal to Aid E-2D HITS-A Program
by Zacks Equity Research
Rockwell Collins' (COL) E-2D HITS-A program provides the U.S. Navy with advanced radar, aircraft systems and avionics that helps in improving supportability and increase readiness.
Raytheon (RTN) Secures Navy Deal to Supply Infrared Sensors
by Zacks Equity Research
Raytheon (RTN) will deliver its Forward Looking Infrared (FLIR) to support CH-53 helicopter and V-22 aircraft.
HEICO (HEI) Q3 Earnings Surpass Estimates, FY18 View Up
by Zacks Equity Research
HEICO Corp's (HEI) net sales of $465.8 million outpaced the Zacks Consensus Estimate of $441 million by 5.7%
Defense Stock Roundup: Fresh US-China Tariffs Kick In, TXT, LMT & BA Win Big
by Zacks Equity Research
The S&P 500 Aerospace & Defense (Industry) index as well as the Dow Jones U.S. Aerospace & Defense index inched up 0.3%, in the past five trading sessions.
Textron Wins $510M Navy Deal for Building AH-1Z Aircraft
by Zacks Equity Research
Textron's (TXT) AH-1Z attack helicopter is built to meet the expeditionary requirements of the United States Marine Corps.
General Dynamics (GD) Benefits From Budgetary Amendments
by Zacks Equity Research
General Dynamics (GD) is expected to gain from a robust product line along with recent buyouts.
Pence Announces Space Force by 2020: 4 Picks
by Nitish Marwah
Since his election, Trump has vowed to get Americans back to space in a bid to reclaim the top spot in the space race.
Top Research Reports: UnitedHealth, PepsiCo, Amgen & More
by Kalyan Nandy
Today's Research Daily features updated research reports on 12 major stocks, including UnitedHealth (UNH), PepsiCo (PEP) and Amgen (AMGN).
Bell-Boeing JV Wins a $74M Deal to Repair V-22 Aircraft Parts
by Zacks Equity Research
Bell-Boeing, a joint venture (JV) between The Boeing Company (BA) and Bell Helicopter ??? a unit of Textron Inc. (TXT) , V-22 Osprey, is a multi-mission, tiltrotor military aircraft