Search results
Results from the WOW.Com Content Network
Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
Textron Inc. (NYSE:TXT) shares are trading lower on Wednesday following the announcement that it is pursuing strategic alternatives for its Powersports product line within its Industrial segment.
Kautex Textron is a supplier to the automotive industry. The company produces plastic fuel systems, selective catalytic reduction systems, windshield and headlamp washer systems, and other products. In August 2019, Textron Inc. was looking to spin off or sell this division to focus on higher-margin parts of their business. [30]
Over the past five years, Textron's earnings have fallen dramatically while free cash flow has been much more steady, mostly as a result of provisioning for possible credit losses at the company's ...
Before joining Textron, Donnelly was the CEO for General Electric Aviation, a producer of jet engines for commercial and military aircraft. Donnelly also served as the Senior Vice President of General Electric Global Research, one of the world's largest industrial research organizations and held various management positions since joining ...
On Tuesday, defense and aerospace conglomerate Textron won an enormous $640.8 million contract modification, which expanded upon an existing firm-fixed-price contract to supply 1,300 cluster bombs ...
A team comprising Textron Marine & Land Systems, Alcoa Defense, and L-3 Communications [10] VT Halter [12] On 6 July 2012, the US Navy awarded Textron, Inc of New Orleans, LA a $212.7M fixed-priced incentive-fee contract for the detail design and construction of a Ship-to-Shore Connector test and training craft.
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares ...