Textron reports profit, revenue increase in 2Q

TEXTRON INC.'S revenue and profit increased in the second quarter, even though sales of the V-22 aircraft in the Bell Helicopter division were flat over the year. / COURTESY BELL HELICOPTER
TEXTRON INC.'S revenue and profit increased in the second quarter, even though sales of the V-22 aircraft in the Bell Helicopter division were flat over the year. / COURTESY BELL HELICOPTER
PROVIDENCE – Profit at Textron Inc. rose 6 percent in the second quarter, and revenue climbed 8.1 percent. The manufacturer released its earnings report Friday, posting profit of $177 million, or 65 cents per share, in the quarter that ended July 2, compared with profit of $167 million, or 60 cents per share, in the…

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