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Textron (TXT) Stock News, Mar-May 2024

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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.

Textron Inc. reports developments across an aerospace, defense and industrial portfolio that includes Textron Aviation, Bell, Textron Systems and Textron Industrial. Company news commonly covers Cessna, Beechcraft and Hawker aircraft support; Citation business jet deliveries and fleet orders; Bell helicopter, tilt-rotor and autonomous-aircraft work; and defense programs involving uncrewed aircraft, armored vehicles, simulators and training.

Recurring updates also address factory-direct service centers, aftermarket aircraft upgrades, international certifications, quarterly segment results, dividends and capital-structure actions. Industrial coverage includes Kautex plastic fuel tanks for conventional and hybrid vehicles and specialized vehicle businesses such as golf carts and all-terrain vehicles.

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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.

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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.

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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.

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FAQ

What is the current stock price of Textron (TXT)?

The current stock price of Textron (TXT) is $81 as of September 12, 2026.

What is the market cap of Textron (TXT)?

The market cap of Textron (TXT) is approximately 13.9B.