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Textron reported net income of $153 million in the company's 2017 second quarter, a $24 million decline from the second quarter of 2016. Above, the 407GXP from Bell Helicopter.

Textron reports revenue rise, profit drop for Q2

PROVIDENCE -  Textron Inc. reported net income of $153 million for its second quarter, a 13.6 percent decline from $177 million a year earlier. Earnings...
SEVEN RHODE ISLAND BUSINESSES made it into the Fortune 1000 rankings, with four breaching the top 500. Above, a map of the top 500 companies ranked by revenue.

Where R.I. businesses rank on Fortune 1000 list

PROVIDENCE – Seven companies headquartered in Rhode Island made the 2017 Fortune 1000, led by CVS Health Corp. The list, which ranks the top...
FM GLOBAL AND TEXTRON INC. ranked on Forbes 2017 America's Best Large Employers rankings. / COURTESY FORBES

FM Global and Textron make it onto Forbes’ 2017 America’s Best...

PROVIDENCE - FM Global and Textron Inc. ranked on the Forbes’ 2017 America’s Best Large Employers list. FM Global ranked No. 112 on the list. “Clearly...
TEXTRON AVIATION EXPECTS to deliver the first Cessna Citation Longitude to the Czech airline Travel Service in 2018. From left to right: (front row) Roman Vik, Travel Service; Jiri Simane, Travel Service; (back row) Lukas Skyslak, Travel Service; Scott Ernest, Textron./COURTESY TEXTRON

Textron lands first European buyer for Longitude aircraft

PROVIDENCE – Textron Aviation Inc. has closed a deal with Travel Service, the largest airline based in the Czech Republic, to add Textron’s Cessna...
BELL HELICOPTER IS modifying the tilt-rotor technology featured in the existing V-22 Osprey for a smaller Army craft called the V-280 Valor which is pictured above. / COURTESY BELL HELICOPTER

The U.S. Army wants to replace Its helicopters with these

NEW YORK - The popular view of U.S. Army aviation owes a lot to Hollywood. Think of an Army helicopter, and the below is probably...
CVS Health Corp. ranked 26th on Forbes’ inaugural top public companies in America list.

Forbes names CVS, Citizens, Textron, Hasbro among top public companies

WOONSOCKET – CVS Health Corp. ranked 26th on Forbes’ inaugural top public companies in America list. The pharmacy/retail giant has a market value of $80.5...
UBERCOPTER flies in Sao Paulo, Brazil, in June 2016. /BLOOMBERG NEWS PHOTO/PAULO FRIDMAN

Uber plans to test flying cars in Dallas, Dubai by 2020

SAN FRANCISCO - Uber Technologies Inc. hopes to one day operate a network of flying cars. On Tuesday, the ride-hailing company laid out some...
TEXTRON INC. reported lower revenue and profit in its first-quarter earnings release on Wednesday. Pictured is a Citation Sovereign+ jet. The company delivered only one more jet this quarter than in the year-ago quarter, 35 compared with 34. / COURTESY CESSNA AIRCRAFT CO.

Textron reports decline in profit, revenue in first quarter

PROVIDENCE – Textron Inc., the maker of Bell helicopter and Citation jets, reported a 32.7 percent decline in net income and a 3.4 percent...

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