WICHITA, Kan.--(BUSINESS WIRE)--The Cessna Citation Ascend achieved a major milestone as the first retail customer took delivery of the midsize business jet on Tuesday, December 30, marking the aircraft's entry into service. Announced in 2023 the aircraft boasts an entirely new cockpit, improved performance and a luxurious flat floor cabin. The Citation Ascend received type certification from t...
Defense stocks, on the whole, have gotten very expensive. But helicopter company Textron and shipbuilder Huntington Ingalls still trade close to 1x sales.
WICHITA, Kan.--(BUSINESS WIRE)--The first Cessna SkyCourier in Mexico was recently delivered to cargo transportation provider FlexCoah for use by the company's aviation subsidiary, Altair. The aircraft — a freighter variant — will expand the company's air freight capabilities throughout the country. The Cessna SkyCourier is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYS...
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense awarded contract to deliver Beechcraft T-6JP Texan II integrated training system to Japan's Air Self-Defense Force (JASDF).
INDEPENDENCE, Kan.--(BUSINESS WIRE)--Civil Air Patrol (CAP) strengthens its national mission capabilities with an order for 15 additional Cessna piston-engine aircraft.
Textron (TXT) is reiterated as a buy with a $104.85 price target, implying 24% upside despite historical stock underperformance. TXT's Q3 2025 saw 5.4% revenue growth, strong aviation segment profits, and margin expansion, offset by MV-75 program headwinds at Bell. Future margin upside is expected as the MV-75 transitions from low-margin development to higher-margin production phases post-2028.
PROVIDENCE, R.I.--(BUSINESS WIRE)--Jörg Rautenstrauch is named president and CEO of Textron Specialized Vehicles, succeeding Rob Scholl, who will become chief commercial officer at Bell.
TAMPA, Fla.--(BUSINESS WIRE)--TRU Simulation + Training Inc. announced delivery and acceptance of the Bell 505 Flight Training Device to the Royal Jordanian Air Force.
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