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Textron Reports Fourth Quarter 2024 Results; Announces 2025 Financial Outlook
Textron Inc. (NYSETXT) today reported fourth quarter 2024 income from continuing operations of $0.76 per share, as compared to $1.01 per share in the fourth quarter of 2023. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.34 per share for the fourth quarter of 2024, compared to $1.60 per share in the fourth quarter of 2023.
By Textron · Via Business Wire · January 22, 2025
Textron to Release Fourth Quarter Results on January 22, 2025
Textron Inc. (NYSETXT) will release its fourth quarter 2024 financial results on Wednesday morning, January 22, 2025.
By Textron · Via Business Wire · December 20, 2024
Textron Reports Third Quarter 2024 Results
Textron Inc. (NYSETXT) today reported third quarter 2024 income from continuing operations of $1.18 per share, as compared to $1.35 per share in the third quarter of 2023. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.40 per share for the third quarter of 2024, compared to $1.49 per share in the third quarter of 2023.
By Textron · Via Business Wire · October 24, 2024
Textron Announces CFO Frank Connor Retirement Effective February 28, 2025
Textron Inc. (NYSETXT) today announced that Frank T. Connor, executive vice president and chief financial officer, has notified the Company that he intends to retire on February 28, 2025. David Rosenberg, Textron’s vice president, Investor Relations, has been elected to succeed Connor as executive vice president and chief financial officer, effective March 1, 2025.
By Textron · Via Business Wire · October 23, 2024
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · October 23, 2024
Textron to Release Third Quarter Results on October 24, 2024
Textron Inc. (NYSETXT) will release its third quarter 2024 financial results on Thursday morning, October 24, 2024.
By Textron · Via Business Wire · September 24, 2024
Bell’s Future Long Range Assault Aircraft Enters Milestone B
Bell Textron Inc., a Textron Inc. (NYSETXT) company, announced today the United States Army has approved the Milestone B decision for the Future Long Range Assault Aircraft (FLRAA), marking the beginning of the weapon system’s Program of Record (PoR).
By Textron · Via Business Wire · August 5, 2024
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · July 29, 2024
Textron Reports Second Quarter 2024 Results
Textron Inc. (NYSETXT) today reported second quarter 2024 income from continuing operations of $1.35 per share, as compared to $1.30 per share in the second quarter of 2023. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.54 per share for the second quarter of 2024, compared to $1.46 per share in the second quarter of 2023.
By Textron · Via Business Wire · July 18, 2024
Textron to Release Second Quarter Results on July 18, 2024
Textron Inc. (NYSETXT) will release its second quarter 2024 financial results on Thursday morning, July 18, 2024.
By Textron · Via Business Wire · June 26, 2024
Textron Reports First Quarter 2024 Results
Textron Inc. (NYSETXT) today reported first quarter 2024 net income of $1.03 per share, as compared to $0.92 per share in the first quarter of 2023. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.20 per share for the first quarter of 2024, compared to $1.05 per share in the first quarter of 2023.
By Textron · Via Business Wire · April 25, 2024
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · April 24, 2024
Textron to Release First Quarter Results on April 25, 2024
Textron Inc. (NYSETXT) will release its first quarter 2024 financial results on Thursday morning, April 25, 2024.
By Textron · Via Business Wire · March 25, 2024
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · February 21, 2024
Textron Reports Fourth Quarter 2023 Results; Announces 2024 Financial Outlook
Textron Inc. (NYSETXT) today reported fourth quarter 2023 income from continuing operations of $1.01 per share, as compared to $1.07 per share in the fourth quarter of 2022. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.60 per share for the fourth quarter of 2023, compared to $1.23 per share in the fourth quarter of 2022.
By Textron · Via Business Wire · January 24, 2024
Textron to Release Fourth Quarter Results on January 24, 2024
Textron Inc. (NYSETXT) will release its fourth quarter 2023 financial results on Wednesday morning, January 24, 2024.
By Textron · Via Business Wire · December 22, 2023
Civil Air Patrol and Textron Aviation Special Missions Celebrate Long-Standing Relationship
Textron Aviation Inc., a Textron Inc. (NYSETXT) company, and Civil Air Patrol (CAP) celebrate the delivery of four Cessna Skyhawk, one Cessna Skylane and one Cessna Turbo Stationair HD aircraft in Independence, Kansas. The aircraft will join a fleet of nearly 550 Cessna aircraft currently owned and operated by CAP.
By Textron · Via Business Wire · December 19, 2023
Textron Aviation announces new SustainableAdvantage carbon offset program for Cessna, Beechcraft and Hawker owners
Textron Aviation today announced a new ProAdvantage program, SustainableAdvantage℠, to provide owners with an additional option for reducing their carbon dioxide emissions from operating aircraft. In collaboration with 4AIR, the program is set to launch in January 2024 and is available to eligible customers who own and operate Cessna, Beechcraft and Hawker turbine aircraft worldwide.
By Textron · Via Business Wire · December 11, 2023
ATP Flight School Accelerates Growth with Purchase of 40 Additional Cessna Skyhawk Aircraft
Textron Aviation today announced an agreement with ATP Flight School for the purchase of an additional 40 Cessna Skyhawk aircraft to be delivered beginning in 2026. This addition to ATP's existing fleet of nearly 225 Skyhawks, deployed across more than 85 training centers nationwide, will provide students with access to a modern and advanced fleet in support of their pilot career aspirations.
By Textron · Via Business Wire · December 7, 2023
Textron Aviation announces agreement to purchase 48 Cessna Skyhawks to support BAA Training
Textron Aviation today announced an agreement with BAA Training for the purchase of 48 Cessna Skyhawk aircraft, expected to be delivered in 2026. The deal, inked at the Dubai Airshow, substantially expands BAA Training's existing fleet, offering increased capacity for students, streamlining the flight training process and ensuring an overall enhanced student experience.
By Textron · Via Business Wire · November 24, 2023
Textron Reports Third Quarter 2023 Results; Raises Full-Year EPS Outlook
Textron Inc. (NYSETXT) today reported third quarter 2023 income from continuing operations of $1.35 per share, as compared to $1.06 per share in the third quarter of 2022. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.49 per share for the third quarter of 2023, compared to $1.15 per share in the third quarter of 2022.
By Textron · Via Business Wire · October 26, 2023
U.S. Army awards Textron Aviation contract for three Beechcraft King Air turboprops
Textron Aviation today announced it has been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for Cessna SkyCourier, Cessna Grand Caravan EX, Beechcraft King Air 360 and Beechcraft King Air 260 turboprop aircraft in support of Foreign Military Sales (FMS). The indefinite delivery, indefinite quantity (IDIQ) contract allows up to $100 million U.S. dollars for the acquisition of Textron Aviation aircraft over a five-year period.
By Textron · Via Business Wire · November 7, 2023
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · October 25, 2023
Textron Aviation announces Hahn Air as Citation CJ3 Gen2 European launch customer
Textron Aviation today announced that Hahn Air has entered into a purchase agreement to be the European launch customer for the just-announced Cessna Citation CJ3 Gen2. The deal, inked during the National Business Aviation Association – Business Aviation Convention & Exhibition (NBAA-BACE) event at Las Vegas, also includes a new Cessna Citation Latitude. Both aircraft are expected to deliver in 2026.
By Textron · Via Business Wire · October 24, 2023
Textron Aviation Customer Support Leads the Way in Elevating Aviation Safety Standards With FAA Acceptance for Safety Management System
Textron Aviation announced today during the 2023 National Business Aviation Association Convention and Exhibition (NBAA-BACE) that its Customer Support organization received acceptance from the Federal Aviation Administration (FAA) for its Corporate Enterprise Safety Management System (SMS) at its Wichita and Indianapolis locations. This recognition reinforces Textron Aviation’s commitment to high quality standards in the aviation industry.
By Textron · Via Business Wire · October 17, 2023
Beechcraft King Air 360 reaches 100th delivery, continuing the legacy of the world’s most popular business turboprop
Textron Aviation today announced the delivery of the 100th Beechcraft King Air 360 turboprop to Comprehensive Blood and Cancer Center (CBCC), a longtime Textron Aviation customer. This delivery further solidifies the Beechcraft King Air's place as the world's most popular family of business turboprop aircraft.
By Textron · Via Business Wire · October 17, 2023
Textron Aviation names flyExclusive fleet launch customer for newly-announced Citation CJ3 Gen2
Textron Aviation, a Textron Inc. (NYSETXT) company, today announced that flyExclusive has been named the fleet launch customer for the Cessna Citation CJ3 Gen2. The news came during the company’s press conference at the National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) event in Las Vegas. The Citation CJ3 Gen2, just announced this morning, raises the bar in the light jet market and is part of the next phase of flyExclusive’s fleet modernization efforts.
By Textron · Via Business Wire · October 16, 2023
Textron Aviation Continues Investment in Bestselling Cessna Citation Business Jets With Introduction of New Cessna Citation CJ3 Gen2
Textron Aviation today announced the newest Cessna Citation business jet in the company’s legendary lineup — the Cessna Citation CJ3 Gen2. Unveiled on the eve of this week’s National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas, the Citation CJ3 Gen2 raises the bar in the light jet market as the company’s most comprehensive Gen2 product announcement to date. Attendees will enjoy access to a new Citation CJ3 Gen2 mock up debuting during the show at the company’s static display at Henderson Executive Airport. Currently under development, the aircraft is expected to enter into service in 2025.
By Textron · Via Business Wire · October 16, 2023
Textron Aviation adds cutting-edge Garmin Autothrottle system to the Cessna Citation M2 Gen2
Textron Aviation, an industry leader in bringing new aircraft and product updates to market, today announced that its renowned Cessna Citation M2 Gen2 will include Garmin Autothrottles beginning in mid-2025, reducing pilot workload and improving the flying experience.
By Textron · Via Business Wire · October 13, 2023
Textron Aviation’s Maintenance and Paint Apprenticeship Programs Recognized by the Kansas Department of Commerce
Textron Aviation today announced that its Maintenance and Paint Apprenticeship programs have officially been recognized as state-registered apprenticeships through the Kansas Department of Commerce. The two-year programs support the company’s long-term strategic workforce plan and offer prospective and current employees opportunities to try new fields, learn new skills and stretch their abilities to build a lasting career.
By Textron · Via Business Wire · October 10, 2023
Cessna Citation Longitude Reaches 100th Delivery, Marking Significant Milestone for the Clean-Sheet Super-Midsize Jet
Textron Aviation today announced that it has delivered the 100th flagship Cessna Citation Longitude business jet to a longtime Citation customer. Textron Aviation employees celebrated this significant milestone with a special celebration at the company’s headquarters in Wichita.
By Textron · Via Business Wire · October 9, 2023
Cessna Citation Ascend Mock up to Make North American Debut at NBAA-BACE 2023
Textron Aviation today announced its Cessna Citation Ascend mock up will make its North American show debut at the 2023 National Business Aviation Association Business Aviation Convention and Exhibition (NBAA-BACE) Oct. 17 through 19 in Las Vegas, Nevada. Unveiled earlier this year, the Citation Ascend is designed to bring an entirely new cockpit, improved performance and a more luxurious cabin to the midsize business jet market. Attendees will enjoy access to a completely new mock up at Textron Aviation’s static display at Henderson Executive Airport, including a fully sustainable interior, a new hard shell exterior with a custom paint scheme and additional functionality within the cabin.
By Textron · Via Business Wire · October 4, 2023
Textron to Release Third Quarter Results on October 26, 2023
Textron Inc. (NYSETXT) will release its third quarter 2023 financial results on Thursday morning, October 26, 2023.
By Textron · Via Business Wire · October 2, 2023
Textron Aviation proudly celebrates 30 years of excellence at the Greensboro Service Center
Textron Aviation is celebrating the 30th anniversary of its factory-owned service center in Greensboro, North Carolina. Located at Piedmont Triad International Airport, this facility supports customers in the mid-Atlantic region and provides quality maintenance and modification services from a dedicated team of experts. Employees marked the milestone anniversary with a celebration event earlier this month.
By Textron · Via Business Wire · September 28, 2023
Cessna Citation XLS+ and XLS Gen2 avionics upgrade to Garmin G5000 integrated flight deck will soon be available at Textron Aviation Service Centers
Textron Aviation today announced that the Garmin G5000 integrated flight deck will soon be available for the Cessna Citation XLS+ and XLS Gen2 and available for installation at Textron Aviation Service Centers, following supplemental type certification approval by the FAA anticipated in the first half of 2024. The G5000 avionics upgrade modernizes the cockpit and addresses the evolution of FAA airspace, while also offering a lower cost of operation.
By Textron · Via Business Wire · September 26, 2023
Textron Aviation Announces Confirmed Order for First 20 Cessna Grand Caravan EX Aircraft From Surf Air Mobility
Textron Aviation today announced that Surf Air Mobility Inc. has confirmed its order and paid the deposit for the first 20 Cessna Grand Caravan EX aircraft to be purchased under its previously announced initial fleet order of up to 100 aircraft with options for 50 additional aircraft. Deliveries of the aircraft are expected to begin in the first half of 2024. The anticipated initial fleet delivery demonstrates progress in the exclusive relationship between the two companies supporting Surf Air Mobility’s development of an electrified Cessna Grand Caravan EX aircraft.
By Textron · Via Business Wire · September 26, 2023
Textron Aviation and NetJets sign record-breaking fleet agreement for up to 1,500 Cessna Citation jets
Textron Aviation and NetJets® today announced a record-breaking fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years. This agreement extends NetJets’ existing fleet agreement, and includes options for an increasing number of aircraft each year, enabling NetJets to expand its fleet with Cessna Citation Ascend, Citation Latitude and Citation Longitude aircraft. Equally exciting is the announcement that NetJets has been named the fleet launch customer for Textron Aviation’s newest jet — the Citation Ascend. Deliveries of the Citation Ascend are expected to begin in 2025 when the aircraft, currently under development, is expected to enter into service.
By Textron · Via Business Wire · September 20, 2023
McCauley's new high-performance propeller for Beechcraft King Air B300 series enters into service
McCauley Propeller Systems today announced the first delivery and entry into service of its newest C780 propeller for the Beechcraft King Air B300 series, following its successful installation at Textron Aviation’s Tampa Service Center. The new propeller, which features four aluminum swept blades and a 105-inch diameter, achieved Federal Aviation Administration (FAA) type certification in July 2023.
By Textron · Via Business Wire · September 19, 2023
Textron Aviation expands Interior Manufacturing Facility to support demand for custom Cessna and Beechcraft aircraft interiors
Textron Aviation today announced the company is adding 16,000 square feet to its Interior Manufacturing Facility (IMF) to support growing demand for unique and custom Cessna and Beechcraft aircraft interiors. The expansion enables Textron Aviation to streamline production processes by centralizing machinery within the space to support efficient interior manufacturing for its entire lineup of Cessna Citation jets, as well as Beechcraft King Air and Cessna SkyCourier turboprop aircraft.
By Textron · Via Business Wire · September 18, 2023
Rob Scholl Named President & CEO of Textron Specialized Vehicles Inc.; Kriya Shortt Named President & CEO of Textron eAviation
Textron Inc. (NYSETXT) today announced that Rob Scholl, president & CEO of Textron eAviation, has been named president & CEO of Textron Specialized Vehicles Inc. and Kriya Shortt, senior vice president, Global Parts & Distribution, at Textron Aviation, has been named president & CEO of Textron eAviation, succeeding Scholl. Both appointments are effective August 31, 2023.
By Textron · Via Business Wire · August 21, 2023
Beechcraft T-6C Texan II Integrated Training System Revolutionizes Tunisian Air Force Pilot Production
Textron Aviation Defense today announced the arrival of the eighth Beechcraft T-6C Texan II aircraft in support of Tunisian Air Force pilot production at No. 13 Squadron at Sfax Air Base in Tunisia. Textron Aviation Defense was previously awarded a Foreign Military Sales (FMS) contract for eight T-6C Texan II advanced military training aircraft, in-country field service and logistics support representatives, program management support, interim contractor support for the first year, training for pilots and maintenance professionals, spare engines, spare parts and aircraft support equipment.
By Textron · Via Business Wire · August 10, 2023
Textron Aviation Secures ANAC Certification for Cessna SkyCourier, Paving the Way for Sales in Brazil
Textron Aviation today announced the Cessna SkyCourier twin utility turboprop has been awarded type certification by the National Civil Aviation Authority of Brazil (ANAC), paving the way for the aircraft to serve the dynamic and expansive Brazilian market and cater to its diverse aviation needs.
By Textron · Via Business Wire · August 8, 2023
Textron Reports Second Quarter 2023 Results; Raises Full-Year EPS Outlook
Textron Inc. (NYSETXT) today reported second quarter 2023 income from continuing operations of $1.30 per share, as compared to $1.00 per share in the second quarter of 2022. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.46 per share for the second quarter of 2023, compared to $1.11 per share in the second quarter of 2022.
By Textron · Via Business Wire · July 27, 2023
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · July 24, 2023
Beechcraft Denali makes show debut at EAA AirVenture
Textron Aviation today announced its new single-engine turboprop currently in development, the Beechcraft Denali, has made its show debut at the Experimental Aircraft Association (EAA) AirVenture in Oshkosh, Wisconsin. The aircraft’s presence offers members of the media and aviation enthusiasts a first look at the company’s latest clean-sheet design aircraft.
By Textron · Via Business Wire · July 24, 2023
Textron Aviation Enhances Passenger Comfort With CoolView Windows in Beechcraft King Air Turboprops
Textron Aviation today announced a noteworthy upgrade for its Beechcraft King Air 260 and 360 turboprops with the introduction of new CoolView® windows to minimize heat transfer into the cabin on the ramp and offer an unprecedented level of passenger comfort and cabin cooling. Beginning in early 2024, all new King Air aircraft will be first in the category to be equipped with CoolView windows manufactured by Lee Aerospace.
By Textron · Via Business Wire · July 20, 2023
Textron Aviation Introduces All-New Interiors for Its Iconic Cessna Single-Engine High-Wing Piston Lineup
Textron Aviation announced today significant enhancements to its iconic Cessna high-wing piston aircraft lineup — the Cessna Skyhawk, Cessna Skylane, Cessna Turbo Skyhawk and Cessna Turbo Stationair HD. Coming in 2024, customers will enjoy a range of new high tech standard features and sleek interior design options including modern and comfortable seating, updated instrument panels and new exterior paint styles.
By Textron · Via Business Wire · July 17, 2023
McCauley’s new high-performance propeller for Beechcraft King Air B300 series achieves FAA certification
McCauley Propeller Systems announced today that its newest C780 propeller for the Beechcraft King Air B300 series, featuring four aluminum swept blades and a 105-inch diameter, has successfully achieved certification from the Federal Aviation Administration (FAA).
By Textron · Via Business Wire · July 13, 2023
Textron Aviation Delivers the First Flagship Cessna Citation Longitude Registered in Mexico
Textron Aviation today announced that it has delivered the first flagship Cessna Citation Longitude business jet registered in Mexico to a customer who plans to utilize the aircraft for business travel throughout Mexico and North America. The Longitude received certification from the Mexican Federal Civil Aviation Agency (AFAC) in 2022.
By Textron · Via Business Wire · July 6, 2023
Textron Aviation announces order for 40 Cessna Skyhawks to support pilot training for ATP Flight School
Textron Aviation today announced an agreement with ATP Flight School for the purchase of 40 Cessna Skyhawk aircraft to be delivered in 2025. The piston aircraft will add to ATP’s existing fleet of nearly 200 Skyhawks, positioned across 82 training centers nationwide.
By Textron · Via Business Wire · June 30, 2023
Textron to Release Second Quarter Results on July 27, 2023
Textron Inc. (NYSETXT) will release its second quarter 2023 financial results on Thursday morning, July 27, 2023.
By Textron · Via Business Wire · June 27, 2023
Textron Elects Retired General Michael X. Garrett to Board of Directors
Textron Inc. (NYSETXT) announced that Michael X. Garrett has been elected to the company's Board of Directors, effective July 1, 2023. Garrett is a retired United States Army four-star general with nearly 40 years of service, most recently serving as Commanding General, United States Army Forces Command (FORSCOM), the largest command in the U.S. Army, from March 2019 until his retirement in July 2022.
By Textron · Via Business Wire · June 26, 2023
Textron Aviation celebrates its 100th flagship Cessna Citation Longitude production unit
Textron Aviation today announced that the 100th production unit of the company’s flagship Cessna Citation Longitude business jet rolled out of the factory and is expected to deliver later this year.
By Textron · Via Business Wire · May 23, 2023
Textron Aviation delivers first passenger unit of Cessna SkyCourier large-utility turboprop
Textron Aviation today announced the recent delivery of the first passenger unit of the twin-engine, large-utility turboprop, the Cessna SkyCourier, for use by Western Aircraft, Inc., doing business in Hawaii as Lāna’i Air. The company offers luxury air service connecting Oahu to the island of Lāna’i.
By Textron · Via Business Wire · May 23, 2023
Textron Aviation Unveils Newest Addition to Bestselling Business Jet Family: Cessna Citation Ascend
Textron Aviation announced today the newest Cessna Citation business jet in the legendary 560XL series — the Cessna Citation Ascend. Unveiled on the eve of this week’s European Business Aviation Convention and Exhibition (EBACE), the Citation Ascend is designed to bring an entirely new cockpit, improved performance and a more luxurious cabin to the midsize business jet market. Attendees will enjoy access to a new Citation Ascend mock up debuting during the show. Currently under development, the aircraft is expected to enter into service in 2025.
By Textron · Via Business Wire · May 22, 2023
Textron Aviation Brings Simulator Options to Customers in Europe
Textron Aviation announced today expanded support for business jet customers in Europe with the addition of a new Cessna Citation CJ3+/Cessna Citation M2 Gen2 Convertible Full-Flight Simulator in the region. The new simulator is scheduled to be ready for training at FlightSafety International’s Farnborough, England Learning Center in January 2025.
By Textron · Via Business Wire · May 15, 2023
Textron Aviation Brings Peace-of-Mind Technology to the Beechcraft Denali Cockpit
With customer input at the forefront of its product investments, Textron Aviation today announced it is bringing the revolutionary Garmin Emergency Autoland system to its new clean-sheet design Beechcraft Denali single-engine turboprop. The new feature is being implemented into the aircraft’s development and flight test program and will be available as a standard feature at time of entry into service.
By Textron · Via Business Wire · May 8, 2023
Textron Reports First Quarter 2023 Results
Textron Inc. (NYSETXT) today reported first quarter 2023 net income of $0.92 per share, as compared to $0.88 per share in the first quarter of 2022. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.05 per share for the first quarter of 2023, compared to $0.97 per share in the first quarter of 2022.
By Textron · Via Business Wire · April 27, 2023
Textron Aviation celebrates milestone 400th delivery for Cessna Citation CJ4 Gen2
Textron Aviation today announced the delivery of its 400th Citation CJ4 series aircraft to Koch Holdings of Easton, Pennsylvania. This milestone delivery for the Cessna Citation CJ4 series reinforces the Citation family as the world’s most popular line of business jets and demonstrates the company’s commitment to continued innovation for customers as exemplified in the latest Citation CJ4 Gen2 aircraft.
By Textron · Via Business Wire · April 25, 2023
Lisa Atherton Named President & CEO of Bell
Textron Inc. (NYSETXT) today announced that Lisa Atherton has been named president & CEO of the Bell segment, effective April 28, 2023. Atherton, most recently the chief operating officer of Bell, succeeds Mitch Snyder, who will be retiring after more than seven years as president & CEO of Bell and nearly 20 years with the company.
By Textron · Via Business Wire · April 10, 2023
Textron to Release First Quarter Results on April 27, 2023
Textron Inc. (NYSETXT) will release its first quarter 2023 financial results on Thursday morning, April 27, 2023.
By Textron · Via Business Wire · March 27, 2023
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · February 22, 2023
Bell 505 Becomes World’s First Single Engine Helicopter to Fly Using 100% Sustainable Aviation Fuel
Bell Textron Inc., a Textron Inc. (NYSETXT) company, announced today the Bell 505 completed its first flight fueled solely by 100% Sustainable Aviation Fuel (SAF), marking the first-ever single engine helicopter to fly with 100% SAF. Bell collaborated with Safran Helicopter Engines, Neste, GKN Aerospace and Virent Inc. to make this Bell 505 flight possible.
By Textron · Via Business Wire · February 21, 2023
Textron Aviation Special Missions Beechcraft King Air 260 chosen as new U.S. Navy Multi-Engine Training System (METS)
Textron Aviation today announced it has been awarded the Multi-Engine Training System (METS) contract by Naval Air Systems Command (NAVAIR) through a full and open competition.
By Textron · Via Business Wire · February 16, 2023
Textron Aviation Adds to Growing List of Options for Cessna SkyCourier With Introduction of New Gravel Kit
Textron Aviation today announced it is now offering a gravel kit for its new twin-engine, large-utility Cessna SkyCourier turboprop that gives customers the flexibility to operate their aircraft in and out of unimproved runways around the world. First deliveries of the SkyCourier with the installed option will commence later this month.
By Textron · Via Business Wire · February 7, 2023
Textron Reports Fourth Quarter 2022 Results; Announces 2023 Financial Outlook
Textron Inc. (NYSETXT) today reported fourth quarter 2022 income from continuing operations of $1.07 per share, compared with $0.93, or $0.94 per share of adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, in the fourth quarter of 2021.
By Textron · Via Business Wire · January 25, 2023
Textron Aviation Delivers 3,000th Cessna Caravan Family Aircraft; Grand Caravan EX Joins Azul Conecta Airline Fleet in Brazil
Textron Aviation today announced it has delivered a Cessna Grand Caravan EX to Brazilian aviation company Azul Conecta, a subsidiary of Azul Airlines based at the airport of Jundiai in São Paulo. This aircraft represents the 3,000th Cessna Caravan family turboprop delivered worldwide, reinforcing the Caravan as the most popular utility turboprop in the world. Azul Conecta transports travelers from smaller cities and remote locations throughout Brazil.
By Textron · Via Business Wire · January 13, 2023
Textron to Release Fourth Quarter Results on January 25, 2023
Textron Inc. (NYSETXT) will release its fourth quarter 2022 financial results on Wednesday morning, January 25, 2023.
By Textron · Via Business Wire · January 5, 2023
Textron Elects Thomas A. Kennedy to Board of Directors
Textron Inc. (NYSETXT) announced that Thomas A. Kennedy has been elected to the company’s Board of Directors, effective January 1, 2023. Kennedy retired in June 2021 as the Executive Chairman of the Board of Directors of Raytheon Technologies, an aerospace and defense company that provides advanced systems and services for commercial, military and government customers globally. Prior to serving as Executive Chairman, Kennedy had been the Chairman and Chief Executive Officer of the Raytheon Company which merged with United Technologies Corporation in April 2020, creating Raytheon Technologies.
By Textron · Via Business Wire · December 7, 2022
Textron’s Bell V-280 Valor Chosen as New U.S. Army Long-Range Assault Aircraft
Textron Inc (NYSETXT) announced today that Bell Textron Inc., a Textron company, has been awarded the development contract for the U.S. Army’s Future Long-Range Assault Aircraft (FLRAA) program. The award is based on Bell’s V-280 Valor tiltrotor that was developed and tested as part of the Joint Multi-Role Technology Demonstrator (JMR TD) program that began in 2013. The V-280 progressed through design, manufacturing, and more than three years of rigorous flight testing that provided extensive data validating the technical and operational advantages of the aircraft for the long-range assault mission.
By Textron · Via Business Wire · December 5, 2022
Tunisian Air Force modernizes training capabilities, takes delivery of first of eight Beechcraft T-6C Texan II Integrated Training Systems
Textron Aviation Defense today announced the delivery of the first Beechcraft T-6C Texan II Integrated Training System to the Tunisian Air Force in support of operations at No. 13 Squadron at Sfax air base in Tunisia. The Foreign Military Sales (FMS) contract comprises eight T-6C Texan II advanced military training aircraft, in-country field service and logistics support representatives, program management support, interim contractor support for the first year, training for pilots and maintenance professionals, spare engines, spare parts and aircraft support equipment.
By Textron · Via Business Wire · November 8, 2022
Textron Reports Third Quarter 2022 Results; Narrows Full Year EPS Range and Raises Cash Flow Guidance
Textron Inc. (NYSETXT) today reported third quarter 2022 income from continuing operations of $1.06 per share, compared with $0.82 per share, or $0.85 per share of adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, in the third quarter of 2021.
By Textron · Via Business Wire · October 27, 2022
Textron Declares Quarterly Dividend
The Board of Directors of Textron Inc. (NYSETXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
By Textron · Via Business Wire · October 26, 2022
Textron Aviation announces order from Fly Alliance for up to 20 Cessna Citation business jets
Textron Aviation today announced during the National Business Aviation Association’s Business Aviation Convention & Exhibition (NBAA-BACE) that it has entered into a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, four firm with options for 16 additional aircraft. Fly Alliance will use the aircraft for its luxury private jet charter operations and expects to take delivery of the first aircraft, an XLS Gen2, in 2023.
By Textron · Via Business Wire · October 18, 2022
flyExclusive Expands Citation Fleet with Order for Cessna Citation XLS Gen2 and Citation Longitude Business Jets
Textron Aviation today announced it has entered into a purchase agreement with Exclusive Jets, LLC, operating as flyExclusive, for up to 14 additional Cessna Citation business jets. flyExclusive has agreed to purchase eight Cessna Citation XLS Gen2 aircraft to be delivered in 2024, and up to six Citation Longitudes, with initial deliveries of the first two Longitude aircraft expected in 2025. These aircraft will provide customers of flyExclusive’s fractional program additional options in the midsize and super-midsize segments.
By Textron · Via Business Wire · October 18, 2022