TXT Stock Recent News

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced an Australia expansion with construction of a larger, modernized service facility at Essendon Fields Airport.

Collins' Pro Line 21™ avionics provides advanced functionality, usability CEDAR RAPIDS, Iowa , Feb. 5, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has announced upcoming functionality upgrades to Collins' Pro Line 21™ integrated avionics systems installed on in-service Cessna Citation business jets. Cessna Citation business jets are designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company.

Textron Inc. is undervalued, despite promising medium-term growth prospects and strong cash generation, trading at a significant discount to historical and sector averages. The company has stable profitability, a strong balance sheet, and has effectively used excess cash for share buybacks and debt reduction. Recent financials show disruptions due to a union strike and softness in the Industrial segment, but management's guidance indicates robust future growth.

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced the first delivery into Canada for its twin-engine, large-utility turboprop, Cessna SkyCourier, to Air Bravo Corporation.

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense LLC, a Textron Inc. (NYSE:TXT) company, today announced in coordination with the Kanematsu Group that the Beechcraft T-6 Texan II Integrated Training System (ITS) has been chosen to modernize pilot training for the Japan Air Self-Defense Force (JASDF). Japan will join 14 other nations that have selected the T-6 Texan II, adding to a fleet of more than 1,000 T-6 aircraft delivered worldwide. The Beechcraft T-6 Texan II is designed and manu.

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the first international sale of seven of its Beechcraft King Air 260 military multi-engine training aircraft. SkyAlyne and KF Aerospace selected the King Air 260 in support of the Future Aircrew Training (FAcT) program to train pilots for the Royal Canadian Air Force (RCAF). The FAcT program was awarded to SkyAlyne, a joint venture between CAE and KF Aerospace. King Air 260 deliveries for the FAcT program are expected to begin in.

Textron (NYSE: TXT) recently reported its Q4 results, with the top line missing and the bottom-line exceeding the street estimates. The company reported revenues of $3.6 billion and adjusted earnings of $1.34 per share, compared to the consensus estimates of $3.8 billion and $1.25, respectively.

TXT's fourth-quarter revenues of $3.61 billion lag the Zacks Consensus Estimate by 3.5% and decline 7.2% from the year-ago quarter's level.

Textron (TXT -4.79%), a multifaceted industrial company known for its aviation and defense businesses, released its fourth-quarter 2024 earnings results on Jan. 22. The company posted adjusted earnings per share (EPS) of $1.34, surpassing the consensus expectation of $1.28 by 4.7%.

Textron Inc. (NYSE:TXT ) Q4 2024 Earnings Call Transcript January 22, 2025 8:00 AM ET Company Participants Dave Rosenberg - VP, IR Scott Donnelly - Chairman and CEO Frank Connor - CFO Conference Call Participants Sheila Kahyaoglu - Jefferies Peter Arment - Baird Robert Stallard - Vertical Research Noah Poponak - Goldman Sachs Seth Seifman - JPMorgan Myles Walton - Wolfe Research David Strauss - Barclays Ron Epstein - Bank of America Gavin Parsons - UBS Pete Skibitski - Alembic Global Operator Good morning, everyone. Welcome to the Textron Q4 2024 Earnings Release Call.