$TXT (Textron Inc.)

$TXT {{ '2015-09-08T21:23:33+0000' | timeago}} • Announcement

$TXT has added support options at four different factory-owned service facilities in East Coast. With new FAA certification, $TXT's Newbrugh and Greensboro facilities can now service Beechcraft King Air aircrafts & Hawker business jets and Atlanta and Wilmington facilities can now service Cessna Citation X, Sovereign, Excel & Mustang business jets.

$TXT {{ '2017-10-19T13:58:09+0000' | timeago}} • Infographic

$TXT Textron Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$TXT {{ '2017-10-19T12:05:07+0000' | timeago}} • Announcement

$TXT increased its 2017 non-GAAP manufacturing cash flow before pension contribution estimate by $150MM to a range of $800-900MM. With expected pension contributions of about $355MM, net cash provided by operating activities of continuing operations of the manufacturing group is now expected to be in a range of $895-995MM.

$TXT {{ '2017-10-19T12:03:24+0000' | timeago}} • Announcement

$TXT expects 2017 income from continuing operations of $590-620MM and EPS from continuing operations of $2.20-2.30. The company predicts adjusted income from continuing operations of $645-675MM and adjusted EPS of $2.40-2.50.

$TXT {{ '2017-10-19T12:01:18+0000' | timeago}} • Announcement

$TXT's revenue at Textron Systems for 3Q17 were up $45MM, primarily due to higher volume in the Marine and Land Systems product line, partially offset by lower volume in the Weapons and Sensors product line. Segment profit was down $4MM. Textron Systems' backlog at the end of 3Q17 was $1.5Bil, down $85MM from the end of 2Q17.

$TXT {{ '2017-10-19T12:00:11+0000' | timeago}} • Announcement

$TXT's revenue at Bell for 3Q17 were up $78MM, as Bell delivered 39 commercial helicopters, 8 H-1’s, and 5 V-22’s. Segment profit was up $9MM primarily due to a favorable impact from performance and other. Bell backlog at the end of 3Q17 was $5.0Bil, down $413MM from the end of 2Q17.

$TXT {{ '2017-10-19T11:58:43+0000' | timeago}} • Announcement

$TXT's revenue at Textron Aviation for 3Q17 were down $44MM, as Textron Aviation delivered 41 new Citation jets, 24 King Air turboprops and 5 Beechcraft T-6 trainers. Segment profit fell to $93MM from $100MM, due to unfavorable performance and lower volume and mix, partially offset by a favorable impact from pricing.

$TXT {{ '2017-10-19T11:53:24+0000' | timeago}} • Announcement

$TXT reported a drop in 3Q17 earnings due to last year's income tax settlement benefit as well as lower segment profit in Textron Aviation. Net income fell to $159MM or $0.60 per share from $421MM or $1.55 per share last year. Revenue grew to $3.48Bil from $3.25Bil. Adjusted EPS increased to $0.65 from $0.61.

$TXT {{ '2017-10-16T21:18:50+0000' | timeago}} • Announcement

$TXT has secured a fleet order from Babcock Scandinavian Air Ambulance for 11 aircraft. The aircraft will support Babcock’s contract with Air Ambulance Services of Norway to provide communities across Norway with vital air ambulance support. The deliveries are scheduled throughout the next 18 months and are expected to conclude in 2019.

$TXT {{ '2017-10-12T20:13:02+0000' | timeago}} • Announcement

$TXT is expanding channel partner Aerolineas Ejecutivas’ role to include new aircraft sales and service for its full jet and turboprop portfolio. Customers can now access the company’s complete new aircraft portfolio through Aerolineas Ejecutivas, expanding upon its role as a sales representative for Textron Aviation’s special mission aircraft.

$TXT {{ '2017-10-02T22:02:47+0000' | timeago}} • Announcement

$TXT's Able Aerospace Services Inc. unit has been awarded an operations specification by the FAA to complete airframe and Level 1 engine maintenance on the Airbus Helicopters AS350B2/B3 models.

$TXT {{ '2017-09-19T15:57:54+0000' | timeago}} • Announcement

Bell Helicopter, a $TXT company, announced the delivery of two Bell 505 Jet Ranger Xs to Eagle Copters South America headquartered in Santiago. The aircraft will be used for corporate transportation.

$TXT {{ '2017-07-25T20:55:58+0000' | timeago}} • Infographic

$TXT said it has declared a quarterly dividend of $0.02 per share on the company’s common stock. The dividend will be paid on October 1, 2017, to shareholders of record as of September 15, 2017.

$TXT {{ '2017-07-19T11:42:57+0000' | timeago}} • Announcement

$TXT reiterated its FY17 GAAP EPS from continuing operations guidance of $2.22-2.45 or $2.40-2.60 on an adjusted basis. Textron also confirmed its net cash provided by operating activities of continuing operations of the manufacturing group guidance of $1.045-1.145Bil and manufacturing cash flow before pension contributions of $650-750MM.

$TXT {{ '2017-07-19T11:41:03+0000' | timeago}} • Announcement

$TXT posted 2Q17 income from continuing operations of $0.57 per share or $0.60 per share of adjusted income from continuing operations, compared to $0.66 per share a year ago. Revenues in the quarter were up 2.6% to $3.6Bil. Net income fell to $153MM or $0.57 per diluted share from last year's $177MM or $0.65 per share.

$CAT {{ '2017-07-18T12:38:52+0000' | timeago}} • Announcement

$CAT's BoD appointed  Cheryl H. Johnson as the Chief Human Resources Officer (CHRO) effective July 24, 2017. In this new role, Johnson will report directly to the CEO Jim Umpleby, and will be a member of company's executive office. Prior to this she was the EVP of human resources at $TXT.

$TXT {{ '2017-07-17T20:16:24+0000' | timeago}} • Announcement

$TXT named Julie Duffy as EVP, Human Resources, effective immediately. Duffy succeeds Cheryl Johnson, who has been named Chief Human Resources Officer at $CAT. Duffy will report directly to $TXT Chairman and CEO Scott Donnelly.

$TXT {{ '2017-06-28T18:56:58+0000' | timeago}} • Announcement

Bell Helicopter, a $TXT company, said that Shaanxi Helicopter Co. Ltd. has signed a purchase agreement for 100 Bell 407GXPs, with deliveries starting in 2017, in connection with the framework agreement entered into with Shaanxi in 2016. The Bell 407GXP, launched in 2015, is an upgrade to the Bell 407 product line.

$TXT {{ '2017-06-28T16:03:07+0000' | timeago}} • Announcement

$TXT appointed Lisa Atherton as president & CEO of Textron Systems. She succeeds Ellen Lord, who will be nominated by President Donald Trump as Under Secretary of Defense for Acquisition, Technology and Logistics within the Department of Defense. Atherton most recently served as EVP of Military Business at Bell Helicopter.

$TXT {{ '2017-06-14T17:07:12+0000' | timeago}} • Announcement

$TXT has been named as one of two companies selected to compete for Mid-Endurance Unmanned Aircraft Systems (MEUAS) III task orders from the US Special Operations Command (USSOCOM). The contract is 54-months long with a maximum ceiling of $475MM.

$TXT {{ '2017-06-13T17:08:32+0000' | timeago}} • Announcement

Textron Aviation, a $TXT company, rolled out the first production unit of the Cessna Citation Longitude, its latest clean-sheet design, super-midsize business jet. State-of-the-art assembly and fabrication tools and techniques bring exceptional quality and superior fit and finish to this revolutionary aircraft.

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