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Buy 3 Drone Technology Stocks for a Stable Portfolio in 2026
ZACKS· 2025-10-20 14:16
Key Takeaways Kratos Defense's backlog hits $1.41B, supported by steady U.S. defense funding and hypersonic expansion. Textron gains from rising air travel, new defense deals, and strong global partnerships.L3Harris sees solid U.S. and global defense demand, boosted by acquisitions and the Golden Dome initiative.A drone, also called an unmanned aerial vehicle (UAV), operates autonomously or through a remote control with no pilot on board. The technology has evolved over the years to graduate from basic civi ...
Textron (TXT) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-10-20 14:16
Analysts on Wall Street project that Textron (TXT) will announce quarterly earnings of $1.47 per share in its forthcoming report, representing an increase of 5% year over year. Revenues are projected to reach $3.71 billion, increasing 8.1% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 1.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during ...
TXT vs. RTX: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-10-15 16:41
Core Insights - Investors are evaluating Textron (TXT) and RTX (RTX) for potential undervalued stock opportunities in the Aerospace - Defense sector [1] Valuation Metrics - Textron has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while RTX has a Zacks Rank of 3 (Hold) [3] - TXT's forward P/E ratio is 13.63, significantly lower than RTX's forward P/E of 26.83, suggesting TXT may be undervalued [5] - The PEG ratio for TXT is 1.36, compared to RTX's PEG ratio of 2.96, indicating better expected earnings growth relative to its price [5] - TXT's P/B ratio is 2.01, while RTX's P/B ratio is 3.32, further supporting the argument that TXT is a more attractive value option [6] - Overall, TXT has a Value grade of A, while RTX has a Value grade of C, highlighting TXT's superior valuation metrics [6]
Best-Selling Cessna Citation Latitude Reach Continues to Grow With First Order in Argentina
Businesswire· 2025-10-14 15:59
Core Insights - Textron Aviation Inc. has received its first order for the Cessna Citation Latitude in Argentina, indicating growing demand for this aircraft model in the region [1] - The order was placed by Jet Clipper S.A., a charter operator that also serves Uruguay and Paraguay, highlighting the aircraft's appeal to regional operators [1] - The delivery of the aircraft is expected in 2026, suggesting a long-term commitment to expanding the fleet in South America [1] Company Summary - Textron Aviation Inc. is a subsidiary of Textron Inc. and is known for its popular Cessna Citation series [1] - The Cessna Citation Latitude is recognized for its range and short-field capabilities, making it suitable for regions where time and access are critical [1] Industry Context - The order reflects a trend of increasing interest in business aviation in South America, particularly in Argentina, Uruguay, and Paraguay [1] - The growing popularity of the Citation Latitude may indicate a shift in market dynamics, with more operators seeking versatile and efficient aircraft [1]
National Business Aviation Association Signs on to Support the 2026 Special Olympics Airlift
Businesswire· 2025-10-14 15:30
Core Points - The NBAA (National Business Aviation Association) has endorsed the 2026 Special Olympics Airlift during the NBAA-BACE event in Las Vegas [1] Group 1 - The endorsement was announced by NBAA president and CEO Ed Bolen [1]
Pro Football Hall of Famer Peyton Manning Returns as Honorary Chair for 2026 Special Olympics Airlift, Rallying Pilots to Lift Champions to New Heights
Businesswire· 2025-10-13 22:00
Since its inception in 1987, the Special Olympics Airlift has transported more than 10,000 athletes to the USA Games, thanks to the generosity of Textron Aviation customers. Known as the world's largest peacetime airlift, the event exemplifies the power of aviation and community coming together for a greater cause. "Peyton Manning's return as Honorary Chair brings powerful momentum to the Special Olympics Airlift, helping amplify awareness and drive participation among aircraft owners nationwide,†said Ron D ...
Cessna Citation CJ3 Gen2 achieves FAA type certification, bringing the most comprehensive Gen2 enhancements to market
Businesswire· 2025-10-13 22:00
Core Insights - Textron Aviation Inc. has achieved FAA type certification for the Cessna Citation CJ3 Gen2, marking a significant advancement in their aircraft offerings [1][2] - The CJ3 Gen2 incorporates customer feedback into its design, featuring enhancements such as Garmin autothrottle technology and increased legroom for pilots [1][2] - The aircraft is expected to enter service within the year following the completion of 445 flight test hours [1] Aircraft Features - The CJ3 Gen2 offers a maximum range of 2,040 nautical miles and a useful payload of 5,530 pounds, making it suitable for various missions [4] - It provides standard seating for nine passengers, with an option for eight passengers to allow for additional storage [4] - The aircraft includes advanced avionics with Garmin G3000 software and hardware, enhancing operational efficiency and safety [2][7] Cabin Experience - The cabin environment is fully customizable, featuring luxury interiors, RGB accent lighting, and USB-C power at every seat [2][3] - New CoolView skylights in the lavatory enhance natural light, and the lavatory is designed for external servicing [3] - Additional amenities include optional swivel seats, a high-power outlet for appliances, and wireless charging capabilities [2][3] Company Overview - Textron Aviation has over 95 years of experience in the aviation industry, producing a diverse range of aircraft including business jets and military trainers [5] - The company operates under well-known brands such as Beechcraft and Cessna, and serves customers in over 170 countries [5] - Textron Inc. is a multi-industry company that integrates its various business sectors to provide innovative solutions and services [6]
Cessna Citation Ascend Makes World Debut at NBAA-BACE in Las Vegas
Businesswire· 2025-10-13 17:00
Core Insights - The Cessna Citation Ascend made its world debut at the 2025 NBAA-BACE, showcasing its design and features aimed at enhancing customer experience [1][3] - The aircraft is powered by Pratt & Whitney Canada PW545D engines, emphasizing fuel efficiency and increased thrust, and incorporates advanced Garmin G5000 avionics [5] Company Overview - Textron Aviation Inc., a subsidiary of Textron Inc., has a long history of delivering aviation solutions, with over 1,000 Cessna Citation 560XL series aircraft delivered since 2000 [2][4] - The company is recognized for its diverse aviation product portfolio, including business jets, turboprops, and military trainer aircraft, serving customers in over 170 countries [7][9] Product Features - The Citation Ascend features a flat floor design, larger windows, and a wireless cabin management system, enhancing passenger comfort and experience [3][5] - The aircraft includes 19 standard USB charging ports and three universal outlets, ensuring connectivity for all passengers [6]
Textron Aviation Enhances Parts Shipment Visibility With Sensos Smart Labels Technology
Businesswire· 2025-10-10 17:00
Sensos is a global leader in AI-powered supply chain visibility and tracking solutions. Its smart, wireless labels and advanced analytics and execution platform deliver real-time location updates, autonomous monitoring, and predictive insights—empowering organizations to reduce delays, streamline logistics, and protect high-value shipments. Trusted by industries including aviation, pharmaceuticals, and consumer electronics, Sensos is redefining how goods move through complex global supply chains. Sensos Sma ...
Starlink High-Speed Internet Now Available on the Cessna Citation Longitude, Enhancing In-Flight Connectivity Across More Destinations
Businesswire· 2025-10-10 15:00
Core Insights - Textron Aviation Inc. has announced a new high-speed internet connectivity solution for the Cessna Citation Longitude, enabled by AeroMech's Supplemental Type Certificate for Starlink high-speed internet [1][2] Group 1: Product Offering - The new Starlink connectivity option allows Longitude customers to maintain high-speed, reliable internet access during flights, enhancing productivity and connectivity [2] - The upgrade includes a Starlink Aviation Kit, which consists of an Aero Terminal (antenna), Power Supply Unit (PSU), and a Wireless Access Point (WAP), requiring only power input from the aircraft [2] Group 2: Customer Support and Service - Textron Aviation provides extensive customer support through a global network of over 300 authorized service facilities and more than 40 mobile service units [3] - The company emphasizes its commitment to complete life-cycle support for its aircraft, ensuring customers have access to necessary services [3] Group 3: Company Background - Textron Aviation has over 95 years of experience in the aviation industry, offering a diverse range of products including business jets, turboprops, and military trainers [4] - The company operates under well-known brands such as Beechcraft and Cessna, and has produced more than half of all general aviation aircraft worldwide [4] Group 4: Parent Company Overview - Textron Inc. is a multi-industry company with a global network across various sectors including aircraft, defense, and finance, known for its powerful brands [5] - The company focuses on providing innovative solutions and services to its customers [5] Group 5: Starlink Overview - Starlink is recognized as the world's most advanced satellite constellation in low-Earth orbit, providing reliable broadband internet capable of supporting various online activities [6] - Operated by SpaceX, Starlink benefits from the company's expertise in spacecraft and on-orbit operations [6]