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TEXTRON REPORTED $1.2 billion in profit in 2018, in part due to a $419 million post-tax gain from selling its Tools & Test Equipment product line. / COURTESY TEXTRON

Textron reports $1.2B profit in 2018

PROVIDENCE – Textron Inc. reported net income of $1.2 billion for 2018, nearly quadrupling its 2017 earnings of $307 million, according to a company...
BELL HELICOPTER has signed an agreement with Garmin International related to the development and integration of a autonomous vehicle management computer for its VTOL aircraft, seen above as an air taxi. / COURTESY TEXTRON

Bell Helicopter signs deal with Garmin for urban air travel collaboration

PROVIDENCE – Bell Helicopter, a Textron Inc. subsidiary, signed a teaming agreement with Garmin International Inc. on the development and integration of autonomous vehicle...
LISA ATHERTON WAS APPOINTED president and CEO of Textron Systems as the result of the previous CEO, Ellen Lord, being chosen for a U.S. Department of Defense leadership position.

Textron Systems gets new CEO after Lord appointed to the DoD

PROVIDENCE – Textron Inc. has appointed Lisa Atherton as president and CEO of Textron Systems Corp., a military-oriented division of Textron, the company announced...
THE 407GXP WILL be featured by Textron Inc.'s Bell Helicopter at the Paris Air show. /COURTESY BELL HELICOPTER

Textron Inc. announces product lineup for Paris Air Show

PROVIDENCE - Textron Inc. and its subsidiaries announced their plans for the International Paris Air Show, which will take place June 19-25, in a...
BELL HELICOPTER IS modifying the tilt-rotor technology featured in the existing V-22 Osprey for a smaller Army craft called the V-280 Valor which is pictured above. / COURTESY BELL HELICOPTER

The U.S. Army wants to replace Its helicopters with these

NEW YORK - The popular view of U.S. Army aviation owes a lot to Hollywood. Think of an Army helicopter, and the below is probably...
UBERCOPTER flies in Sao Paulo, Brazil, in June 2016. /BLOOMBERG NEWS PHOTO/PAULO FRIDMAN

Uber plans to test flying cars in Dallas, Dubai by 2020

SAN FRANCISCO - Uber Technologies Inc. hopes to one day operate a network of flying cars. On Tuesday, the ride-hailing company laid out some...
TEXTRON INC. reported lower revenue and profit in its first-quarter earnings release on Wednesday. Pictured is a Citation Sovereign+ jet. The company delivered only one more jet this quarter than in the year-ago quarter, 35 compared with 34. / COURTESY CESSNA AIRCRAFT CO.

Textron reports decline in profit, revenue in first quarter

PROVIDENCE – Textron Inc., the maker of Bell helicopter and Citation jets, reported a 32.7 percent decline in net income and a 3.4 percent...
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