Tuesday, May 18, 2021


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Textron sees profit grow to $171M in Q1

PROVIDENCE – Textron Inc. on Thursday reported a $171 million profit in the first quarter of 2021, or 75 cents per diluted share, a...
TEXTRON INC. has acquired Response Technoligies LLC. above, company co-founders Edmund Bard, left, and Dave Pettey. // PBN PHOTO/RUPERT WHITELEY

Textron acquires Coventry-based Response Technologies

PROVIDENCE – Bell Textron Inc. has acquired Coventry-based Response Technologies LLC for an undisclosed sum. “Textron has a rich history in Rhode Island. We’re excited...
TEXTRON INC. has agreed to sell some of its its non-U.S. businesses to CAE Inc. for $40 million in cash considerations.

Textron agrees to sell some non-U.S. businesses for $40M

PROVIDENCE – Textron Inc. has reached an agreement to sell elements of its subsidiary Tru Simulation + Training Inc. to CAE Inc. for $40...

Textron reports $115M profit in Q3

PROVIDENCE – Textron Inc. posted a $115 million profit in the third quarter, a decline from $220 million one year prior, the company reported...
PROVIDENCE BUSINESS NEWS honored 33 companies Wednesday for their revenue growth and innovation in the 2020 Fastest Growing & Innovative Companies Awards program.

Manufacturers, nonprofits, tech companies among honored in PBN’s 2020 Fastest Growing...

PROVIDENCE – Thirty-three companies were honored Wednesday by Providence Business News for their revenue growth and company innovation in the publication’s 2020 Fastest Growing...
WALK IN THE PARK: Textron Inc. executive counsel Jamieson Schiff and Textron Director of Site Remediation and Sustainability Gregory Simpson helped revive Providence’s Mashapaug Park in the city’s Reservoir / 

Textron’s cleanup work helped revive a community asset

PBN INNOVATIVE COMPANIES 2020 INNOVATIVE COLLABORATION Textron Inc. IN JUNE 2019, when Mashapaug Park officially opened as a recreation spot in Providence’s Reservoir Triangle neighborhood,...

PBN announces 2020 Fastest Growing & Innovative Companies

PROVIDENCE – Twenty local companies are among the highest earners on Providence Business News’ list of Fastest Growing Private Companies, and 13 companies are...

Textron posts $92M Q2 loss on COVID-19 disruptions

PROVIDENCE – Textron Inc. reported a $92 million loss in the second quarter, or 40 cents per diluted share, the company on Thursday attributed...
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...
TEXTRON EARNED $220 million in the third quarter while revenues were $3.3 billion. / COURTESY TEXTRON

Textron revenue ticks up in Q3

PROVIDENCE - Textron Inc. reported a profit of $220 million in the third quarter, a 60.9% decline year over year, according to a company...

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