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Textron Inc Says Board Approved Restructuring Plan
Textron Sets Quarterly Dividend Of $0.02Per Share
Textron Aviation Continues To Invest In Parts Availability, Expands Three Additional Warehouses
Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The Company operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. The Textron Aviation segment is engaged in general aviation. The Bell segment supplies military helicopters and support to the United States Government and to military customers outside the United States. The Textron Systems segment is a supplier to the defense, aerospace and general aviation markets. The Industrial segment designs and manufactures a range of products within three product lines: fuel systems and functional components, and specialized vehicles and equipment. The Finance segment is a commercial finance business that consists of Textron Financial Corporation (TFC) and its subsidiaries.
40 WESTMINSTER ST
Scott C. Donnelly
Chairman of the Board, President, Chief Executive Officer
Frank T. Connor
Chief Financial Officer, Executive Vice President
E. Robert Robert Lupone
Executive Vice President, Chief Compliance Officer, General Counsel, Secretary
Julie Gullen Duffy
Executive Vice President - Human Resources
Paul E. Gagne
Lead Independent Director
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Textron Inc on Monday announced a further expansion of its global parts distribution facilities as corporate planemakers eye growth in their higher-margin aftermarket service businesses.
Cessna business jets maker Textron Inc <TXT.N> said on Monday it will explore options for its unit that manufactures fuel tanks for vehicles, including a sale or a spinoff, as it focuses on its higher margin businesses.
Cessna business jets maker Textron Inc said on Monday it will explore options for its Kautex unit, a manufacturer of fuel tanks for vehicles, including a sale or a spin-off.
(This April 17 story corrects headline and first paragraph to say the certification is expected in the 'third' quarter, not the 'second')
Textron Inc said on Wednesday it expects the final certification of its newest Longitude business jet in the second quarter of 2019, after it was delayed for several months.
* Reaffirms full-year profit outlook (Adds analyst comment, share move)
Textron Inc on Wednesday reported a 5.7 percent fall in quarterly revenue due to the divestiture of its tools and test equipment business.
Textron Inc <TXT.N> forecast 2019 profit above analysts' estimates on Thursday, after reporting stronger-than-expected fourth-quarter results on higher demand for its Cessna business jets, sending its shares up as much as 8.7 percent.
Textron Inc <TXT.N> posted a lower-than-expected quarterly profit on Thursday due to lingering problems at its industrial products unit that houses its recently acquired Arctic Cat all-terrain vehicle business, sending its shares down 11 percent.
Textron Inc <TXT.N> is one year behind schedule on benefiting from the acquisition of all-terrain vehicles maker Arctic Cat, the company said on an earnings call on Thursday, blaming the unit's management for "unfavorable operating performance".
Textron Inc is one year behind schedule on benefiting from the acquisition of all-terrain vehicles maker Arctic Cat, the company said on an earnings call on Thursday, blaming the unit's management for "unfavorable operating performance".
Textron Inc on Thursday reported a lower-than-expected quarterly profit, partly due to lower sales of its turboprop aircraft.
NetJets, the luxury plane unit of Warren Buffett's Berkshire Hathaway Inc <BRKa.N>, announced a deal on Monday to purchase up to 325 Cessna Citation business jets from Textron Inc's <TXT.N> aviation unit, one of the biggest orders unveiled at a major jet show this week in...
NetJets, the luxury plane unit of Warren Buffett's Berkshire Hathaway Inc, on Monday announced a deal to purchase up to 325 Cessna Citation business jets from Textron Inc's aviation unit, one of the biggest orders unveiled at a major jet show this week in Orlando, Florida.
Textron Inc <TXT.N> reported a higher-than-expected quarterly profit and raised its 2018 forecast on Wednesday, but its shares fell 5 percent as investors focused on the relative strength of its aviation business order book.
Textron Inc on Wednesday reported a better-than-expected quarterly profit, helped by higher aircraft deliveries, and the Cessna business jet maker raised its 2018 earnings and cash flow forecasts.
* TEXTRON INC SAYS CONTINUES TO WORK TOWARDS LONGITUDE AIRCRAFT CERTIFICATION, WHICH IS EXPECTED LATER IN THE SECOND QUARTER OF 2018- CONF CALL
Cessna jets maker Textron Inc <TXT.N> reported a higher-than-expected quarterly profit on Wednesday, as President Trump's tax cuts encouraged corporate America to spend more on business jets.
* TEXTRON REPORTS FIRST QUARTER 2018 INCOME FROM CONTINUING OPERATIONS OF $0.72 PER SHARE; SIGNS AGREEMENT TO SELL TOOLS & TEST BUSINESS FOR $810 MILLION
* EMERSON TO ACQUIRE TOOLS AND TEST EQUIPMENT BUSINESS FROM TEXTRON TO CREATE LEADING PORTFOLIO FOR THE PRO
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