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TEXTRON INC. says it finished the first quarter with a $191 million profit, a 1% increase over a year ago that also beat Wall Street’s expectations. / COURTESY TEXTRON INC.

Textron tops Wall Street estimates with $191M profit in Q1

PROVIDENCE – Textron Inc. on Thursday reported a $191 million profit in the first quarter, a 1% increase year over year that also beat...

Textron finalizes purchase of European electric-powered aircraft manufacturer

PROVIDENCE – Manufacturing conglomerate Textron Inc. on Monday announced it has closed its acquisition of European electric-powered aircraft manufacturer Pipistrel for approximately $235 million.  Pipistrel,...
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...
TEXTRON reported net income of $224 million in the second quarter of 2018, largely driven by a $50 million profit increase in the company's aviation segment. / COURTESY TEXTRON AVIATION

Textron reports $244M profit in second quarter

PROVIDENCE – Textron Inc. reported net income of $224 million in the second quarter, $71 million more than the $153 million the company reported...
TEXTRON INC. REPORTED A PROFIT of $189 million for the first quarter of 2018, an 87 percent increase from the first quarter of 2017. / COURTESY TEXTRON AVIATION

Textron reports $189M Q1 profit, announces sale of Tools & Test...

PROVIDENCE – Textron Inc. reported a $189 million profit for the first quarter of 2018, an $88 million increase year over year, or an...
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