Textron(TXT)

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Textron Inc. (TXT) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-03-01 15:15
Have you been paying attention to shares of Textron (TXT) ? Shares have been on the move with the stock up 3.8% over the past month. The stock hit a new 52-week high of $89.29 in the previous session. Textron has gained 10.8% since the start of the year compared to the -1.2% move for the Zacks Aerospace sector and the -3.7% return for the Zacks Aerospace - Defense industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings co ...
TRU Simulation Awarded the Multi-Engine Training System Ground Based Training System Contract
Businesswire· 2024-03-01 11:00
TAMPA, Fla.--(BUSINESS WIRE)--TRU Simulation announced today the company has been awarded the Multi-Engine Training System (METS) Ground Based Training System (GBTS) contract by Naval Air Warfare Center – Training Systems Division (NAWCTSD). The contract base award is for three Unit Training Device (UTD) simulators in a King Air 260 standard configuration, one Operational Flight Trainer (OFT) simulator in the METS T-54A configuration, one Simulator Support Station (SSS) in the METS T-54A configuration and 2 ...
TRU Simulation Reveals Cutting-Edge Veris VR Flight Simulator as New Cost-Effective Training Solution for Pilots
Businesswire· 2024-02-27 18:30
Core Viewpoint - TRU Simulation has launched the Veris™ Virtual Reality Flight Simulator, designed to provide a cost-effective and innovative solution for pilot training, particularly for helicopter and fixed-wing model customers [1][2] Company Overview - TRU Simulation + Training Inc. is an affiliate of Textron Aviation Inc., specializing in high-fidelity training devices and full-motion simulators for both civil and defense sectors [1][6] - The company has been a leader in flight simulation technology for over a decade, focusing on delivering safe and realistic training experiences [7] Product Features - The Veris simulator features a clean-sheet design that combines full flight simulator capabilities with immersive virtual reality technology [1][2] - It includes a fully electric six degrees-of-freedom motion base, TRU's REALFeel control loading system, tactile cockpit panels, and a VR headset for an immersive experience [3][4] - The simulator is designed to meet FAA flight training device level 7 and EASA flight training device level 3 standards, with certification activities currently in process [2] Launch and Collaboration - Bell Training Academy has been named the launch customer for the Veris simulator, which will be used for training on the Bell 505 helicopter [1][3] - The collaboration aims to provide advanced training solutions to the growing customer base of the Bell 505 [3] Technological Advancements - The Veris simulator incorporates state-of-the-art components, including a new Image Generator powered by Unreal Engine®, custom modeled airports, and a digital electric control loading system [4] - The simulator is designed to accommodate multiple rotorcraft and fixed-wing aircraft types, enhancing its versatility [4]
Why Textron (TXT) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-02-23 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...
Here's Why Textron (TXT) is a Strong Growth Stock
Zacks Investment Research· 2024-02-22 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks S ...
Textron Declares Quarterly Dividend
Businesswire· 2024-02-21 17:28
PROVIDENCE, R.I.--(BUSINESS WIRE)--The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on April 1, 2024 to holders of record at the close of business on March 15, 2024. About Textron Inc. 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 a ...
Textron Aviation's Cessna Skycourier Chosen by Hinterland Aviation for Fleet Expansion, Revolutionizing Regional Connectivity in Australia
Businesswire· 2024-02-19 01:00
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced a purchase agreement for the first Cessna SkyCourier passenger variant in Australia to regional airline Hinterland Aviation. The aircraft, expected to deliver in 2026, will add to Hinterland’s expansive fleet of Cessna Grand Caravans to provide a greater payload capacity and increased passenger seating. This fleet expansion will greatly benefit remote communities, as well as the tourism and business sectors in Queensland. The Cessna SkyCour ...
Cessna Grand Caravan EX Amphibian extends reach in Southeast Asia with delivery in Malaysia
Businesswire· 2024-02-18 00:00
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the delivery of a new Cessna Grand Caravan EX Amphibian turboprop to Malaysian property developer, Ikhasas Sdn Bhd, via its subsidiary company Oriental Sky Sdn Bhd. The aircraft, to be managed and operated by local charter operator Systematic Aviation Services (SAS), will be used for passenger transport between the capital city of Kuala Lumpur and a new waterfront resort on Perhentian islands, off the northern east coast of Malaysia. This will ...
TRU Simulation celebrates 10 years of innovation in flight simulation
Businesswire· 2024-02-15 21:17
TAMPA, Fla.--(BUSINESS WIRE)--TRU Simulation + Training today revealed that as it marks a decade of success in the aviation simulation industry, the company is rebranding to simply “TRU Simulation.” The new brand and logo reflect TRU’s shift away from providing pilot training experiences to a more targeted focus on designing, manufacturing and maintaining state-of-the-art, high-fidelity flight simulators to address the vital need for accurate and true-to-life pilot training tools. TRU Simulation Inc., an ...
Textron(TXT) - 2023 Q4 - Annual Report
2024-02-11 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) Delaware 05-0315468 (State or other jurisdiction of i ...