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The new contract boasts a 31% wage increase over the life of the contract, increases in cost of living adjustment with a maximum increase from $700 to $1,500 per year, a guaranteed $3,000 lump-sum ...
Striking Textron employees picket in front of the facility on Greenwich Rd. Around 5,000 members of the IAM Local 774 are on strike after rejecting the company’s latest contract offer on ...
Textron, which makes Beechcraft, Cessna and Hawker planes and jets, is one of the largest employers in Wichita. Workers are now on their 10th day of striking. The union represents roughly 5,000 ...
The Textron AirLand Scorpion is a jet aircraft manufactured in the United States proposed for sale to perform light attack and intelligence, surveillance and reconnaissance (ISR) duties. It is being developed by Textron AirLand , a joint venture between Textron and AirLand Enterprises .
LAV modified for use in an electronic warfare role. Specific details of this variant are classified. LAV-EFSS (Expeditionary Fire Support System) Proposed replacement for LAV-M, LAV fitted with provisions to use Dragon Fire, a 120 mm recoil mortar system. An unknown variant is used by at least one civilian law enforcement agency. [34]
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.
Bell Helicopter Textron Canada Inc. was awarded a C$640 million contract to overhaul and repair the CH-146 fleet until retirement in 2021. The contract includes options to extend the contract up to 2025 if necessary. [6] [7] In January 2019, Canada announced plans to modernize and extend the life of the existing 85 CH-146s to 2031. [8]