Textron Inc.’s (TXT) business unit, Bell, recently secured a contract involving the AH-1Z helicopters. The award has been offered by the Naval Air Systems Command Patuxent River, MD.Details of the DealValued at $455 million, the contract is expected to be completed by July 2028. Per the terms of the deal, TXT’s Bell unit will manufacture and supply 12 AH-1Z helicopters to the government of Nigeria. Along with this, it will also provide associated engineering, program management and logistics support, and no ...

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the award of a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for two Cessna Grand Caravan EX turboprop aircraft. The aircraft will be owned and operated by the Djiboutian Air Force (DAF). This acquisition is the third delivery order under a recently established indefinite delivery, indefinite quantity (IDIQ) contract that allows up to $100 million U.S. dollars for the acquisition of Textron Aviation aircraft over a five- ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence through various research services [1] - The Zacks Style Scores categorize stocks based on value, growth, and momentum characteristics, aiding investors in selecting stocks with high potential for market outperformance [2][3] Zacks Style Scores - **Value Score**: Identifies attractive and discounted stocks using ratios like P/E, PEG, and Price/Sales [2] - **Growth Score**: Focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [2] - **Momentum Score**: Assists in timing stock purchases based on price trends and earnings estimate changes [2] - **VGM Score**: Combines all three Style Scores to highlight stocks with the best value, growth, and momentum [3] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988 [4] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [5] Company Spotlight: Textron Inc. (TXT) - Textron is a global multi-industry company known for manufacturing aircraft, automotive components, and industrial tools, with notable brands like Bell Helicopter and Cessna [6] - TXT holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of B, indicating strong investment potential [6] - The company has seen six analysts raise their earnings estimates for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.50 to $6.27 per share, and an average earnings surprise of 13.5% [7]

WASHINGTON, DC - OCTOBER 11: A Bell Textron Inc. display is seen at the Association of the U.S. Army ... [+] (AUSA) Annual Meeting's exposition hall at the Walter E. Washington Convention Center on October 11, 2023 in Washington, DC. The Association of the U.S. Army’s Annual Meeting is designed to highlight the Army’s message by providing informative and relevant presentations on the State-of-the-Army, panel discussions and seminars on military and national security subjects and networking events. (Photo by ...

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 ...

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 ...

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]

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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 ...