Tag: $Textron

Cessna business jet maker Textron beat first-quarter profit and revenue estimates on Thursday, driven by sustained strength in its Bell segment as well as robust demand for aftermarket parts and services in its Aviation segment.

Textron forecast 2024 profit above analysts’ estimates on Wednesday as the U.S. Army continues to replace Black Hawk helicopters with aircraft made by its Bell unit.

Textron Aviation and NetJets on Wednesday signed an agreement which would give the private jet firm owned by Berkshire Hathaway an option to buy up to 1,500 additional Cessna Citation business jets over the next 15 years.

July 24 (Reuters) – Textron Inc (TXT.N) raised its full-year adjusted earnings per share forecast on Thursday, as stronger pricing of business jets and military helicopters continues to offset inflationary costs and drive revenue growth in its Aviation segment.

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