Textron Aviation - Providence Business News

Textron posts $269M profit in Q3

Economic Activity 10/26/2023

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...

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

Economic Activity 04/27/2023

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

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

Manufacturing 01/24/2019

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 AVIATION has entered into an agreement to provide up to 325 aircraft to NetJets, a private aviation company. Above, the Cessna Citation Longitude, one of the planes that Textron will provide to NetJets. / COURTESY TEXTRON INC.

Textron reaches agreement to sell NetJets up to 325 aircraft

Technology 10/15/2018

PROVIDENCE – Textron Inc. has reached a deal to sell up to 325 aircraft over the next 10 to 15 years to NetJets Inc.,...

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

Capital Goods 07/18/2018

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...

Economic Activity 04/18/2018

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

TEXTRON AVIATION announced the creation of the Cessna SkyCourrier 408, a twin-engine plane that will be sold in a cargo variant to FedEx Express. / COURTESY TEXTRON AVIATION

Textron announces new twin-engine plane, FedEx purchases

Capital Goods 11/28/2017

PROVIDENCE – Textron Aviation Inc. announced Tuesday the creation of a new twin-engine turboprop airplane called the Cessna SkyCourier 408. While the plane can be...