Despite Coronavirus, Textron’s Defense Business Got Two Big Boosts In March [Forbes]

Textron Inc. (TXT)
Last textron inc. earnings: 4/30 06:30 am
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Source: Forbes
It isn’t easy for a company to celebrate when a global pandemic is forcing it to furlough thousands of workers and the world is awash in pessimism about future economic performance. So chances are, nobody broke out the champagne last month at Textron Tower in downtown Providence, Rhode Island when two potentially game-changing announcements were made by the U.S. Army.In normal times, though, it would have been hard not to cheer. On March 16, the Army confirmed that Textron Bell, the company’s rotorcraft unit, would be one of two competitors in what will likely become the biggest such program in the world—the program to replace thousands of Black Hawk utility helicopters.Only nine days later, Textron Bell beat several other indust
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News
- Textron Aviation Celebrates Ten Years of Top Hawk Program With Four New Recipients, Including First in the U.K.Business Wire
- United States (USA) Military Drones Market to Hit $5.73 Billion in 2024 [Yahoo! Finance]Yahoo! Finance
- Textron Aviation and Aeromot Execute Cooperation Agreement to Benefit Cessna Caravan Owners and Operators WorldwideBusiness Wire
- Cessna Caravan Celebrates 40 Years of Adventures as One of the Most Versatile Aircraft in the IndustryBusiness Wire
- TRU Simulation Announces Acceptance of First Unit Training Device Delivery for the Multi-Engine Training System Ground Based Training System Contract; Contract Options Exercised for Additional Devices and SupportBusiness Wire
TXT
Earnings
- 1/22/25 - Beat
TXT
Sec Filings
- 4/2/25 - Form 4
- 3/4/25 - Form 4
- 3/4/25 - Form 4
- TXT's page on the SEC website