Textron Inc. (TXT) News
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TXT News Highlights
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Latest TXT News From Around the Web
Below are the latest news stories about TEXTRON INC that investors may wish to consider to help them evaluate TXT as an investment opportunity.
Lockheed Wins Contract to Support F-35 Fighter Jet ProgramLMT is set to procure engineering and installation support for flight test instrumentation modifications to F-35 production aircraft. |
Airbus Clinches a $315M Deal to Support UH-72 Lakota HelicopterEADSY secures a $315 million deal to provide logistics support and engineering services for the UH-72 Lakota helicopter. |
Aerospace Stocks Q3 Teardown: HEICO (NYSE:HEI) Vs The RestLooking back on aerospace stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including HEICO (NYSE:HEI) and its peers. |
Investors Met With Slowing Returns on Capital At Textron (NYSE:TXT)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for... |
Q3 Rundown: Textron (NYSE:TXT) Vs Other Aerospace StocksQuarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Textron (NYSE:TXT) and the best and worst performers in the aerospace industry. |
Textron Secures Contract to Support UH-1Y and AH-1Z AircraftTXT's business unit, Bell, secures a contract to provide program management, engineering and logistics services for UH-1Y and AH-1Z helicopters. |
Textron to Release Fourth Quarter Results on January 22, 2025PROVIDENCE, R.I., December 20, 2024--Textron Inc. (NYSE: TXT) will release its fourth quarter 2024 financial results on Wednesday morning, January 22, 2025. |
Boeing Wins Order for up to 200 737 Max Jets From Pegasus AirlinesBA secures a contract with Pegasus Airlines for 100 737-10 jets, with options for additional 100 jets. |
Textron Hits The Brakes On Powersports: Strategic Shift Amid Soft DemandTextron Inc. (NYSE:TXT) shares are trading lower on Wednesday following the announcement that it is pursuing strategic alternatives for its Powersports product line within its Industrial segment. The decision comes as the consumer demand for powersports products continues to remain soft, per an exchange filing. In response, Textron’s Textron Specialized Vehicles business will begin pausing production of its powersports products after completing limited production runs to fulfill customer commitm |
Textron weighs options for off-road vehicles business, pauses productionThe Powersports unit, which is part of the Textron Specialized Vehicles business under the Industrial segment, manufactures snowmobiles and recreational off-road vehicles, as well as parts and accessories for those vehicles, under the Arctic Cat brand. "TSV has begun to pause production of its powersports products as management reviews strategic alternatives for the business," Textron said in a filing. As a result of the production pause and contract termination costs, Textron now expects total pretax special charges from the restructuring plan to range between $190 million and $205 million, up from the previously announced range of $165 million to $170 million. |