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Textron reports $217M profit in Q2, beats Wall Street estimates

PROVIDENCE – Textron Inc. earned a profit of $217 million in the second quarter of 2022, or $1 per diluted share, the company reported Thursday. One year...

Crossroads R.I. names Textron’s Duffy new board chair

PROVIDENCE – Julie Duffy, executive vice president at Textron Inc., was appointed the new chairperson of homeless support nonprofit Crossroads Rhode Island’s board of...
Julie Duffy

Duffy appointed new board chair of Crossroads Rhode Island

JULIE DUFFY, executive vice president of human resources for Providence-based manufacturing conglomerate Textron Inc., was recently appointed as the new chairperson for Crossroads Rhode...

Textron to purchase European electric-powered aircraft manufacturer

PROVIDENCE – Manufacturing conglomerate Textron Inc. will add European electric-powered aircraft manufacturer Pipistrel to its aviation brands, the companies announced on Thursday. Following the agreed...
TEXTRON INC. earned a profit of $207 million in the fourth quarter of 2021. / COURTESY TEXTRON INC.

Textron profit down 12.3% for fourth-quarter, up for entire 2021

PROVIDENCE – Textron Inc. on Thursday reported that its net income for 2021 was $746 million, more than double the $309 million it made...

Textron sees Q3 profit rise to $185M

PROVIDENCE – Textron Inc. earned a $185 million profit in the third quarter of 2021, a rise from $115 million one year prior, the...

Textron posts $183M profit in Q2

PROVIDENCE – Textron Inc. earned a profit of $183 million in the second quarter of 2021, or 81 cents per diluted share, the company...

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...
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