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TEXTRON is considering "strategic alternatives" for its Kautex business unit that could involve a sale, spinning the segment out or another type of transaction.

Textron looking at transaction possibilities for Kautex segment

PROVIDENCE – Textron Inc. is considering “strategic alternatives” for its Kautex business unit, the company announced Monday.Potential plans for the Bonn, Germany-headquartered business segment...
TEXTRON, maker of airplanes and helicopters, among other products, reported net income of $217 million in the second quarter of 2019, a 3.1% yearr-over-year decline. / COURTESY TEXTRON

Textron reports $217M in Q2

PROVIDENCE – Textron Inc. reported a profit of $217 million in the second quarter of 2019, or 93 cents per diluted share, a 3.1%...
TEXTRON INC. reported a profit of $179 million in the first quarter of 2019. / COURTESY TEXTRON INC.

Textron posts $179M profit in Q1

PROVIDENCE – Textron Inc. reported net income of $179 million, or 76 cents per diluted share, for the first quarter of 2019, a decline...
TEXTRON PRESIDENT AND CEO Scott C. Donnelly earned $13.9 million in 2018, a decline from $14.8 million in 2017. / COURTESY TEXTRON INC.

Textron’s Donnelly earns $13.9M in 2018

PROVIDENCE – Textron Inc. Chairman, President and CEO Scott C. Donnelly earned $13.9 million in 2018, a decline from $14.8 million one year prior,...
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...
TEXTRON REPORTED A $563 million profit in the third quarter, largely due to the $410 million post-tax gain from selling its Tools & Test Equipment product line. / COURTESY TEXTRON

Textron Q3 profit jumps on product line sale, revenue declines

PROVIDENCE – Textron Inc. reported a $563 million net income for the third quarter, or $2.26 per diluted share, a 254 percent increase from...
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...
SCOTT C. DONNELLY is the CEO, chairman and president of Textron Inc., a global manufacturer based in Providence./ COURTESY OF TEXTRON INC.

Textron CEO made $14.8M in 2017

PROVIDENCE – Scott C. Donnelly, president and CEO of Textron Inc., made $14.8 million in 2017, representing a 17 percent increase from the previous...

Textron nets $159M profit in Q3 on 7.2% revenue increase

PROVIDENCE – Textron Inc. reported net income of $159 million for the third quarter, a 62.2 percent decline from the same 2016 period, even...
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