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
TRU Simulation introduces Veris Virtual Reality Flight Simulator for helicopter and fixed-wing model customers at HAI Heli-Expo. Bell Training Academy named as launch customer for Bell 505 helicopter training. Simulator combines FFS features with VR technology. TRU aims for FAA and EASA certification. Simulator offers realistic flight cues, control loading system, VR headset, and advanced simulator components.
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End-of-Day
0.64%
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Textron Inc. (NYSE:TXT) declares a quarterly dividend of $0.02 per share on Common Stock, payable on April 1, 2024, to shareholders of record on March 15, 2024.
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0.76%
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Textron Aviation announces a purchase agreement with Hinterland Aviation for the first Cessna SkyCourier passenger variant in Australia. The aircraft, expected to deliver in 2026, will enhance Hinterland's fleet, benefiting remote communities, tourism, and business sectors in Queensland. The SkyCourier offers exceptional performance, low operating costs, and maximum cabin flexibility, showcasing Textron Aviation's commitment to innovative solutions.
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-1.3%
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Textron Aviation delivers a Cessna Grand Caravan EX Amphibian turboprop to Malaysian developer Ikhasas Sdn Bhd for passenger transport to Perhentian Islands. The aircraft, managed by SAS, marks Malaysia's first amphibious plane operation. Textron Inc. subsidiary, Textron Aviation, highlights the aircraft's efficiency and suitability for sustainable tourism in Malaysia.
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End-of-Day
-1.3%
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TRU Simulation + Training, now rebranded as TRU Simulation, commemorates a decade of success in aviation simulation. The company shifts focus to designing, manufacturing, and maintaining high-fidelity flight simulators. TRU Simulation, an affiliate of Textron Aviation Inc. (NYSE:TXT), aims to provide cutting-edge training tools for pilots.
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-0.6%
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Textron Aviation (NYSE:TXT) plans to expand its relationship with Wallan Group by adding approval as an authorized service facility for Beechcraft King Air turboprops. Wallan Group has a proven track record of providing quality maintenance and excellent service to Textron Aviation's Cessna Citation customers. The latest authorization provides an even greater level of convenience and in-country support for King Air aircraft in the Kingdom. Textron Aviation looks forward to its continuing relationship with the Wallan Group and support of customers within the Kingdom.
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End-of-Day
1.88%
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Textron Inc. (NYSE: TXT) reported a strong performance in 2023 with an adjusted EPS of $1.60 in the fourth quarter, up 30% from the previous year. Full-year adjusted EPS was $5.59, an increase from $4.45 in 2022. The company also repurchased shares worth $1.168 billion and saw an aviation backlog of $7.2 billion at the end of 2023, up $782 million from the previous year. The 2024 full-year EPS outlook is between $5.62 to $5.82, with an adjusted EPS outlook of $6.20 to $6.40.
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Rhea-AI Sentiment
End-of-Day
7.84%
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Textron Inc. (NYSE: TXT) will release its Q4 2023 financial results on January 24, 2024. The company will host a conference call to discuss the results and outlook, available via webcast or direct dial. The call will be recorded for playback.
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0.45%
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Textron Aviation Inc. (NYSE:TXT) celebrates the delivery of six Cessna aircraft to Civil Air Patrol (CAP) in Independence, Kansas. CAP will add these aircraft to their fleet of nearly 550 Cessna aircraft. In September, Textron Aviation was awarded a contract for the further acquisition of 15 Cessna piston engine aircraft by CAP. CAP flew over 100,000 hours in 2022 and saved 151 lives, making them the world’s largest Cessna piston aircraft operator.
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0.52%
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Textron Aviation Inc. (TXT) announces SustainableAdvantage program in collaboration with 4AIR to help owners of Cessna, Beechcraft, and Hawker turbine aircraft reduce carbon dioxide emissions. The program will launch in January 2024 and offers factory-direct support, maintenance, and modifications for eligible customers worldwide.
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End-of-Day
1.59%
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Textron, Inc.
NYSE:TXT
TXT Rankings
TXT Stock Data
16.28B
191.62M
0.62%
88.36%
2.52%
Aircraft Manufacturing
Manufacturing
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