NYSE:TXT - New York Stock Exchange, Inc. - US8832031012 - Common Stock - Currency: USD
/PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has announced upcoming functionality upgrades to Collins' Pro Line 21™ integrated avionics...
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Textron Aviation said that the deliveries for the FAcT program are expected to begin in the first half of 2028. The Beechcraft King Air 260 will replace the fleet of Beechcraft King Air C-90B aircraft that has served the RCAF for decades.
Textron Chairman and CEO Scott C. Donnelly acknowledged that a work stoppage at Textron Aviation impacted the company’s 2024 financial results but highlighted that the firm saw strong order activity.
The industrial company reported mixed fourth-quarter results.
Aerospace and defense company Textron (NYSE:TXT) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 7.2% year on year to $3.61 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $14.7 billion at the midpoint. Its non-GAAP profit of $1.34 per share was 6.8% above analysts’ consensus estimates.
Aerospace and defense company Textron (NYSE:TXT) will be announcing earnings results tomorrow morning. Here’s what to look for.
I declared defense stocks overpriced three months ago. Today, I'm doubling down on that winning bet.
Aerospace stocks have had a mixed 2024 thanks to Boeing. These 2 smaller aerospace players may be grabbing market share during Boeing's PR nightmare.