Textron workers in Wichita go on strike after rejecting labor contract [Yahoo! Finance Canada]
Textron Inc. (TXT)
Last textron inc. earnings: 4/30 06:30 am
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Source: Yahoo! Finance Canada
(Reuters) - About 5,000 Textron workers went on strike at the business jet maker's Wichita campus, a union representing the members said on Monday. Over the weekend, members represented by the International Association of Machinists and Aerospace Workers voted to reject a four-year contract offer from Textron Aviation. Textron had offered a 26% general wage hike over the life of the contract to the workers represented by the union, alongside a annual lump sum of $3,000 and other benefits. Textron's aviation unit, which is the company's most profitable business, said on its website the strike affects its service center and components manufacturing facility locations in Wichita. The company added it was prepared to maintain operations and provide continued service and support for customers. Textron employs over 35,000 people worldwide, according to its website. (Reporting by Utkarsh Shetti in Bengaluru; Editing by Krishna Chandra Eluri) WISN - Milwaukee Videos About 100
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News
- Textron Inc. (NYSE: TXT) was downgraded by analysts at TD Cowen from a "buy" rating to a "hold" rating. They now have a $95.00 price target on the stock, down previously from $103.00.MarketBeat
- Textron to Release Third Quarter Results on October 24, 2024Business Wire
- Boeing Union Balks at Sweetened Pay Offer Citing ‘Disrespect' [Yahoo! Finance Canada]Yahoo! Finance Canada
- Textron eAviation President and CEO Kriya Shortt Named `Executive in Residence' by Embry-Riddle Aeronautical UniversityPR Web
- Textron Systems and Kodiak Integrate Textron Systems' Fully Uncrewed RIPSAW® M3 Vehicle with Kodiak's Self-Driving System [Yahoo! Finance]Yahoo! Finance
TXT
Earnings
- 7/18/24 - Beat
TXT
Sec Filings
- 9/24/24 - Form 8-K
- 7/30/24 - Form S-8
- 7/30/24 - Form 10-Q
- TXT's page on the SEC website