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The Latest Breaking News from Textron Inc

Shares of prominent defense stocks rallied after Russia invaded Ukraine, thanks to the increased military spending globally. Since the market for defense components is expected to remain elevated, buying the dip in quality defense stocks Moog Inc. (MOG.A), Airbus SE (EADSY), Astronics Corp. (ATRO), Textron (TXT), and Sturm, Ruger &…

StockNews.com

Protect Your Portfolio With These 3 Outperforming Defense Stocks

The heightened military spending globally due to the Russia-Ukraine war is creating lucrative opportunities for the defense sector. Given the solid prospects of the defense market, we think outperforming defense stocks Textron (TXT), Lockheed Martin (LMT), and Northrop Grumman (NOC) might be solid additions to one’s portfolio amid the ongoing…

StockNews.com

A Top-Quality Aerospace & Defense Stock to Buy Now

Top-notch aerospace and defense stock Textron (TXT) has registered solid gains in its most recent quarter. Moreover, considering bullish analysts’ expectations around the stock, I think it could be worth buying now. Read on.

StockNews.com

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Textron Shares Soar On Q1 Earnings Beat

Textron Inc. (NYSE:TXT) reported first-quarter FY22 sales growth of 4.2% year-over-year to $3 billion, beating the consensus of $2.74 billion. Revenue by segments: Textron Aviation $1.04 billion (+20.2% Y/Y), Bell $834 million (-1.4% Y/Y), Textron Systems $273 million (-16.8% Y/Y) and Industrial $838 million (+1.6% Y/Y). EPS of $0.88 topped the consensus…

Benzinga

Textron Bags Order From flyExclusive For Up To 30 Cessna Citation Jets

Textron Aviation, a Textron Inc (NYSE:TXT) company, has entered into a purchase agreement with Exclusive Jets, LLC, operating as flyExclusive, for up to 30 Cessna Citation CJ3+ jets. Financial terms were not disclosed. flyExclusive expects to take delivery of five aircraft in 2023, with the option to buy additional aircraft for deliveries through 2025.…

Benzinga

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