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Textron reports 6% Q1 profit boost; will separate industrial segment

PROVIDENCE – Textron Inc. on Thursday reported first-quarter profit of $220 million and announced its intent to separate its industrial segment.  The first-quarter profit was...

Textron System’s Corp. awarded $9.4M military contract

PROVIDENCE – Textron System’s Corp. announced on Tuesday that it has been awarded a $9.4 million contract to provide advanced electronic warfare simulators to...

Textron’s year-end profit climbs 11.7% to $921M

PROVIDENCE – Textron Inc. on Wednesday reported a $921 million profit for 2025, up 11.7% from the $824 million one year prior.  Earnings per diluted...

Textron subsidiary gets $41M order to support Air Force pilot training

PROVIDENCE – Textron Systems Corp., a Textron Inc. company, on Monday announced a $41 million purchase order to support the U.S. Air Force’s T-7A...

Carden named Roger Williams Park Conservancy’s executive director

PROVIDENCE – Board member Melissa Carden has been named the Roger Williams Park Conservancy’s new executive director.  Carden succeeds Bonnie Nickerson, who is leaving after...

SEC filing of the week: Textron enters new credit agreement with...

PROVIDENCE – Textron Inc. has entered into a new credit agreement with JPMorgan Chase Bank N.A. that replaces its previous $1 billion, five-year deal...

Textron eliminating eAviation segment as part of strategic realignment

PROVIDENCE – Textron Inc. is eliminating its eAviation segment as part of a strategic realignment, the company announced.  In its filing with the U.S. Securities...

Textron’s Q2 profit narrows to $245M

PROVIDENCE – Textron Inc. earned a $245 million profit in the second quarter, down from $259 million the year prior, the company said Thursday.  The...

5 R.I. companies named to 2025 Fortune 500 list

PROVIDENCE – Five Rhode Island companies are on the 2025 Fortune 500 list.  CVS Health Corp. is ranked fifth after taking the sixth spot in...

Textron reports $207M profit in Q1, up 3% year over year

PROVIDENCE – Textron Inc. reported a $207 million net income in the first quarter of 2025, a 3% increase from $201 million last year. The...
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