STOCK TITAN

Textron, Inc. - $TXT STOCK NEWS

Welcome to our dedicated page for Textron news (Ticker: $TXT), a resource for investors and traders seeking the latest updates and insights on Textron stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Textron's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Textron's position in the market.

Rhea-AI Summary

Textron Aviation announced that the Cessna SkyCourier twin utility turboprop has received type certification in Australia, allowing it to serve remote communities and improve regional connectivity. This milestone follows the first SkyCourier order in Australia announced at the Singapore Airshow. The aircraft offers exceptional performance, low operating costs, and maximum cabin flexibility to cater to diverse aviation needs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
-
Rhea-AI Summary

Textron Aviation's Beechcraft Denali single-engine turboprop is advancing towards certification with successful avionics testing after achieving FAA Type Inspection Authorization. The program has completed nearly 2,000 flight test hours with over 830 flights, aiming for FAA certification in 2025. The Denali features advanced Garmin G3000 avionics for enhanced pilot workload management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
none
-
Rhea-AI Summary

Textron Aviation has inaugurated its largest parts distribution facility in Wichita, Kansas, adding 180,000 square feet to better serve its global customer base. The facility aims to enhance customer service through increased parts storage and faster shipping, supporting Cessna, Beechcraft, and Hawker aircraft. The expansion reflects Textron Aviation's dedication to providing an exceptional aviation experience while prioritizing sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
Rhea-AI Summary
Textron Inc. (NYSE: TXT) reported first quarter 2024 net income of $1.03 per share, with adjusted EPS of $1.20, up from $1.05 in the prior year. Segment profit increased to $290 million, up $31 million from the prior year. Aviation, Bell, and Systems businesses saw profit growth. Cash flow improved, with $317 million returned to shareholders through share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.69%
Tags
-
News
Rhea-AI Summary
Textron Inc. (NYSE:TXT) announces a quarterly dividend of $0.02 per share on its Common Stock, payable on July 1, 2024, to shareholders of record as of June 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
dividends
-
Rhea-AI Summary
Textron Aviation delivers the first two Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A aircraft to the U.S. Navy, with up to 64 to be delivered. The T-54A will replace the T-44C Pegasus aircraft at Naval Air Station Corpus Christi, offering updated avionics and automation qualities for advanced student training. Textron Aviation's active assembly line in Wichita, Kansas, ensures cost efficiency and fleet consistency. TRU Simulation + Training Inc. will provide the U.S. Navy with METS Ground Based Training System simulators. Textron Aviation's aviation solutions cater to government, military, and commercial customers for special missions. The Beechcraft King Air turboprop family boasts over 7,700 deliveries worldwide, serving diverse roles in the military and special missions sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
Rhea-AI Summary
Textron Aviation's global service network receives recertification as a Green Aviation Business from NATA, showcasing the company's commitment to sustainability. Four service centers achieve Tier 1 status, with one reaching Tier 2, implementing eco-friendly practices like phasing out single-use plastics and reducing greenhouse gas emissions. The company aims to reduce greenhouse gas emissions by 20% and energy consumption by 10% by 2025, supporting sustainable propulsion solutions and renewable energy sources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
-
Rhea-AI Summary
Textron Aviation's Cessna Caravan turboprop family surpasses 25 million flight hours, establishing it as the most produced single-engine utility turboprop. The aircraft's versatility and reliability have made it a leader in the utility turboprop category, serving various global markets and customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
-
Rhea-AI Summary
Textron Aviation introduces enhanced Cessna piston aircraft models with modern design features and improved functionality. The new interior designs offer increased comfort and convenience, catering to both student pilots and experienced aviators. Textron's investment in the Cessna lineup showcases a commitment to innovation and customer satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
none
Rhea-AI Summary
Textron Inc. (NYSE: TXT) is set to announce its first quarter 2024 financial results on April 25, 2024. The company will conduct a conference call to discuss the results and future outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
Textron, Inc.

NYSE:TXT

TXT Rankings

TXT Stock Data

16.68B
191.62M
0.62%
88.36%
2.52%
Aircraft Manufacturing
Manufacturing
Link
United States of America
PROVIDENCE

About TXT

textron inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. textron is known around the world for its powerful brands such as bell helicopter, cessna, beechcraft, hawker, jacobsen, kautex, lycoming, e-z-go, greenlee, bad boy off road, textron systems, and tru simulation + training. launch your career at textron and make something textron real: www.textron.com/careers