Tag: Textron
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...
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 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 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 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 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 completes $810M sale of Tools & Test brands and businesses
PROVIDENCE – Textron Inc. has closed its sale of its Tools & Test businesses and brands to Emerson Electric Co. for $810 million in...
At $9.7M a pop, private jets are luring buyers again
NEW YORK - If anyone’s looking for further evidence of a strong economy, here’s a sign: Wealthy individuals and companies are starting to snap...
4 R.I. companies make Fortune 500 list
PROVIDENCE – Four Rhode Island-based companies have made the Fortune 500, a list of the largest United States corporations based on 2017 revenue that...
Pay ratio disclosures show wide gaps between CEOs, employees
Out of the 19 public companies that are based in or have significant operations within Rhode Island and have filed proxy statements recently, 14...