Core Viewpoint - Textron (TXT) has shown strong stock performance, with a 3.8% increase over the past month and a 10.8% gain since the start of the year, outperforming the Zacks Aerospace sector and the Aerospace - Defense industry [1][2]. Financial Performance - Textron reported an EPS of $1.6 in its last earnings report, exceeding the consensus estimate of $1.53, although it missed the revenue estimate by 0.65% [2]. - For the current fiscal year, Textron is projected to achieve earnings of $6.15 per share on revenues of $14.64 billion, reflecting a 10.02% increase in EPS and a 7% increase in revenues [2]. - The next fiscal year forecasts earnings of $6.99 per share on $15.6 billion in revenues, indicating a year-over-year change of 13.63% in EPS and 6.57% in revenues [2]. Valuation Metrics - Textron's current valuation metrics show it trading at 14.5X current fiscal year EPS estimates, below the peer industry average of 17.8X [4]. - On a trailing cash flow basis, Textron trades at 11.5X compared to the peer group's average of 12.3X, with a PEG ratio of 1.23 [4]. Zacks Rank - Textron holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [5]. Industry Comparison - The Aerospace - Defense industry is performing well, ranking in the top 35% of all industries, providing favorable conditions for both Textron and its peer, Leidos Holdings, Inc. (LDOS) [6]. - Leidos Holdings, Inc. has a Zacks Rank of 2 (Buy) and has shown strong earnings performance, beating consensus estimates by 15.03% [6].

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]

Core Insights - The article emphasizes the importance of utilizing Zacks Premium and its various tools to enhance investment confidence and market advantage [1] Zacks Style Scores - Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum characteristics, helping investors identify securities likely to outperform the market in the short term [2] - Each stock is rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [2] Growth Score - The Growth Style Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow [3] Momentum Score - The Momentum Style Score helps investors capitalize on price trends by evaluating recent price changes and earnings estimate revisions [3] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive indicator for stock selection [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify stocks with strong potential, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [5] - There are typically over 800 top-rated stocks available, making selection challenging for investors [5] Stock Highlight: Textron (TXT) - Textron Inc. is a diversified global company involved in manufacturing aircraft, automotive components, and industrial tools, known for brands like Bell Helicopter and Cessna [7] - TXT holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of A, indicating strong investment potential [7] - The company has a Value Style Score of B, supported by a forward P/E ratio of 13.92, making it attractive to value investors [7] - Recent analyst revisions have increased TXT's earnings estimate for fiscal 2024 by $0.35 to $6.13 per share, with an average earnings surprise of 13.5% [8]

Group 1: Zacks Style Scores Overview - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] - Each stock is assigned a rating from A to F, with A indicating the highest potential for outperformance [2] - The Style Scores are categorized into Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three styles [2][4] Group 2: Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [2] Group 3: Growth Score - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [3] Group 4: Momentum Score - The Momentum Score helps investors capitalize on upward or downward trends in stock prices or earnings outlook, utilizing one-week price changes and monthly earnings estimate changes [3] Group 5: VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, serving as an important indicator alongside the Zacks Rank [4] Group 6: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary stock-rating model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988 [5] - To maximize returns, investors should consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [6] Group 7: Company Spotlight - Textron Inc. (TXT) - Textron Inc. is a global multi-industry company known for manufacturing aircraft, automotive components, and industrial tools, with recognizable brands like Bell Helicopter and Cessna Aircraft [7] - TXT holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of A, indicating strong potential for growth [7] - The company is forecasted to achieve year-over-year earnings growth of 9.7% for the current fiscal year, with an upward revision of earnings estimates by five analysts in the last 60 days [8]

Core Points - Textron Inc. declared a quarterly dividend of $0.02 per share on its Common Stock [1] - The dividend will be paid on April 1, 2024, to shareholders of record as of March 15, 2024 [1] Company Overview - Textron Inc. is a multi-industry company that operates in aircraft, defense, industrial, and finance sectors [2] - The company is recognized globally for its strong brands, including Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems [2] - Textron aims to provide innovative solutions and services to its customers through its extensive global network [2]

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 ...