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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...
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

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

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...
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

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...
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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