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 ...

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 ...

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 ...

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 ...

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Key PointsShares have been rallying since 2020 and set a record high this week. Textron's outlook for 2024 is exceedingly bright, and expectations are high. Everything is in place now for further gains and record closes. 5 stocks we like better than Lockheed MartinA 9% jump during Wednesday's session made Textron Inc. NYSE: TXT one of the best-performing equities on the market. This latest jump in share price for the Rhode Island-based aerospace company confirms that the multi-year rally, which started in 2 ...

Textron Inc. (NYSE:TXT) Q4 2023 Earnings Call Transcript January 24, 2024 8:00 AM ET Company Participants David Rosenberg - VP of IR Scott Donnelly - Chairman and CEO Frank Connor - CFO Conference Call Participants Sheila Kahyaoglu - Jefferies Peter Arment - Baird David Strauss - Barclays Jason Gursky - Citi Noah Poponak - Goldman Sachs Myles Walton - Wolfe Research Robert Stallard - Vertical Research Seth Seifman - JPMorgan Kristine Liwag - Morgan Stanley George Shapiro - Shapiro Research Pete Skibitski - ...

Textron Inc. (TXT) reported fourth-quarter 2023 adjusted earnings of $1.60 per share, which surpassed the Zacks Consensus Estimate of $1.53 by 4.6%. The bottom line also improved 30.1% from the year-ago quarter’s recorded figure.The company reported GAAP earnings of $1.01 per share, down from $1.07 registered in the fourth quarter of 2022.TXT generated 2023 adjusted earnings of $5.59 per share, which surpassed the Zacks Consensus Estimate of $5.54 by 0.9%. The bottom line also improved 25.6% from the year-a ...