Textron Stock News

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2024 financial results on Wednesday morning, January 22, 2025. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company's outlook. The call will be available via webcast at www.textron.com or by direct dial at (800) 343-1703 in the U.S. or (785) 424-1226 outs...

Textron is exploring strategic alternatives for its Powersports product line due to persistent weak demand, the Cessna jet maker said on Wednesday.

Textron's stock has underperformed, gaining only 9.5% compared to the S&P 500's 53.6%, due to pressures in its Industrials business and a recent strike. EBITDA estimates for Textron have been revised downward, with a 9.7% drop for 2024, affecting future projections and reducing the CAGR from 7.8% to 7.3%. Free cash flow estimates have also declined, with a 25.7% drop for 2024, and the CAGR fall...

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense today announced the arrival of five Beechcraft T-6C Texan II Integrated Training System (ITS) aircraft in support of the Vietnam Air Defense Air Force (ADAF) pilot training program at Phan Thiet Airbase. The historic delivery of the first of 12 T-6C Texan II ITS aircraft highlights the on-time fulfillment of the inaugural Foreign Military...

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation, a Textron Inc. (NYSE:TXT) company, today announced a two-aircraft purchase agreement with AIR Marshall Islands Inc. (AMI) for its twin-engine, large-utility turboprop, the Cessna SkyCourier. The two aircraft – both passenger variants - will be used to support travel throughout the communities within the Marshall Islands. “The Cessna SkyCourier i...

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced it delivered the first of two multi-mission Beechcraft King Air 360CHW aircraft to the Peruvian Air Force. The King Air 360CHW is cargo door equipped and fitted for heavy weight operation. The Beechcraft King Air 360CHW is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company. “The King Air 360CHW d...

Textron Inc. (NYSE:TXT ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants David Rosenberg - Vice President, Investor Relations Scott Donnelly - Chairman & Chief Executive Officer Frank Connor - Chief Financial Officer Conference Call Participants David Strauss - Barclays Sheila Kahyaoglu - Jefferies Robert Stallard - Vertical Research Peter Arment - Baird Noah P...

Cessna jet maker Textron lowered its annual profit forecast on Thursday, citing impact of the four-week strike by 5,000 workers at its Wichita plant.