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Textron posts $269M profit in Q3

PROVIDENCE – Textron Inc. earned a $269 million profit in the third quarter of 2023, an increase from $225 million one year prior, the company said...

Retired four-star general elected to Textron’s board of directors

PROVIDENCE – Retired four-star Gen. Michael X. Garrett has been elected to Textron Inc.'s 10-member board of directors, the aviation company has announced. Garrett has...

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,...
TEXTRON INC. has reported a $50 million profit for the first quarter of 2020. / COURTESY TEXTRON

Textron Q1 profit shrinks to $50M, pandemic cited

PROVIDENCE – Textron Inc. reported a profit of $50 million in the first quarter, a 72.1% decline year over year due to impacts from...
SALES OF NEW PRIVATE JETS increasing as inventory in the used private-jet market is tightening. Above, the Cessna Citation Latitude business jet. /BLOOMBERG FILE PHOTO/ORE HUIYING

At $9.7M a pop, private jets are luring buyers again

NEW YORK - If anyone’s looking for further evidence of a strong economy, here’s a sign: Wealthy individuals and companies are starting to snap...
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