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TEXTRON INC. reported a profit of $179 million in the first quarter of 2019. / COURTESY TEXTRON INC.

Textron posts $179M profit in Q1

PROVIDENCE – Textron Inc. reported net income of $179 million, or 76 cents per diluted share, for the first quarter of 2019, a decline...
TEXTRON PRESIDENT AND CEO Scott C. Donnelly earned $13.9 million in 2018, a decline from $14.8 million in 2017. / COURTESY TEXTRON INC.

Textron’s Donnelly earns $13.9M in 2018

PROVIDENCE – Textron Inc. Chairman, President and CEO Scott C. Donnelly earned $13.9 million in 2018, a decline from $14.8 million one year prior,...
THE HUMAN RIGHTS CAMPAIGN Foundation Corporate Equality Index gave Blue Cross & Blue Shield of Rhode Island the only perfect score on its list for a company headquartered in the Ocean State.

BCBSRI earns perfect score on Corporate Equality Index

PROVIDENCE – Blue Cross & Blue Shield of Rhode Island earned a perfect score on the Human Rights Campaign Foundation Corporate Equality Index, measuring...
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...
THREE RHODE ISLAND companies were named to the Wall Street Journal's Management Top 250 list this year. Hasbro was the highest of the three at No. 77. / COURTESY HASBRO INC.

3 R.I. companies make WSJ’s Management 250 list

PROVIDENCE – Three Rhode Island headquartered companies were named to the Wall Street Journal and the Drucker Institute’s 2018 Management Top 250 list released Friday.Hasbro...
THE U.S. NAVY is proposing a 20 percent cut in its planned fleet of new hovercraft being built by Textron Inc.

Textron’s landing hovercraft cut 20% in U.S. Navy 5-year plan

NEW YORK - The U.S. Navy is proposing a 20 percent cut in its planned fleet of new hovercraft being built by Textron Inc....
TEXTRON REPORTED A $563 million profit in the third quarter, largely due to the $410 million post-tax gain from selling its Tools & Test Equipment product line. / COURTESY TEXTRON

Textron Q3 profit jumps on product line sale, revenue declines

PROVIDENCE – Textron Inc. reported a $563 million net income for the third quarter, or $2.26 per diluted share, a 254 percent increase from...
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.,...
BELL HELICOPTER has signed an agreement with Garmin International related to the development and integration of a autonomous vehicle management computer for its VTOL aircraft, seen above as an air taxi. / COURTESY TEXTRON

Bell Helicopter signs deal with Garmin for urban air travel collaboration

PROVIDENCE – Bell Helicopter, a Textron Inc. subsidiary, signed a teaming agreement with Garmin International Inc. on the development and integration of autonomous vehicle...
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...
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