TXT Stock Recent News

Improving air passenger traffic and rising U.S. defense funding are expected to bolster the aerospace-defense industry, amid lingering supply-chain issues. You may keep an eye on SAFRY, LDOS & TXT.

Textron (TXT) announces advanced Garmin G5000 feature enhancement in its Cessna Citation Latitude and Citation Longitude business jets.

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced that the 400th Cessna Citation Latitude business jet has rolled out of production at the company's factory in Wichita, Kansas, and is expected to be delivered later this year. Employees recognized the milestone with a special celebration at the company's headquarters in Wichita. The Cessna Citation Latitude midsize business jet is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company. "The Citation.

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced advanced Garmin G5000 avionics enhancements coming to the best-selling mid-size business jet, the Cessna Citation Latitude, and the flagship of the Citation family of jets, the Citation Longitude. Textron Aviation's investments in the popular business jets, based on customer feedback, will offer greater performance and improved user experience to pilots in the new Latitude jets beginning in 2025 and the new Longitude jets in 2026.

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the Federal Aviation Administration (FAA) has granted certification of a new Combi interior conversion option for the passenger variant of the twin-engine, Cessna SkyCourier turboprop aircraft. The Combi option enables operators to transport nine passengers and cargo simultaneously. Deliveries of Cessna SkyCourier passenger units with the Combi option included are slated to begin later this year. The Cessna SkyCourier is designed.

The companies are collaborating on the development of an uncrewed military vehicle intended for advanced terrain environments and designed without space for a driver HUNT VALLEY, Md. and MOUNTAIN VIEW, Calif.

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Recently, Zacks.com users have been paying close attention to Textron (TXT). This makes it worthwhile to examine what the stock has in store.

Textron is a conglomerate involved in defense, aviation, industrial products, and more. TXT stock plunged by about 10% after the company reported Q1 results for 2024, presenting a buying opportunity. Textron's Q1 earnings slightly missed expectations, but the company completed $317 million in share buybacks and has strong earnings estimates for the future.

Textron (TXT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.