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TXT News: Textron to Release Third Quarter Results on October 17, 2014 09/17/2014 08:00:00 AM
TXT News: Textron AirLand Plans First Fly-In to Washington, DC; To Display in Conjunction with the Air Force Association’s Air & Spac... 09/09/2014 07:20:00 AM
TXT News: Cessna Citation CJ3+ Gains FAA Certification 09/05/2014 10:10:00 AM
TXT News: Textron AirLand Scorpion Participates in USNORTHCOM’s VIGILANT GUARD Exercise 08/14/2014 07:41:00 PM
TXT News: Amended Statement of Ownership (sc 13g/a) 08/07/2014 01:08:32 PM
Textron AirLand’s Scorpion ISR/Strike Jet Readies for Upcoming U.S. Events and Military Exercises
Date : 08/05/2014 @ 8:20AM
Source : Business Wire
Stock : Textron Inc. (TXT)
Quote : 38.05 -0.29 (-0.76%) @ 8:00PM
http://ih.advfn.com/p.php?pid=nmona&article=63150797
Textron AirLand’s Scorpion ISR/Strike Jet Readies for Upcoming U.S. Events and Military Exercises
Fresh from its first trans-Atlantic Flight and European debut, Scorpion moves on to Vigilant Guard Exercise; NGAUS General Conference & Exhibition; The Scorpion Washington, D.C. Fly-In; and the Air Force Association Air & Space Conference.
Textron AirLand, LLC, a joint venture between Textron Inc. (NYSE:
TXT) and AirLand Enterprises, LLC, today announced that its Scorpion aircraft will participate in a number of promotional and demonstration events attended by branches of the U.S. and international militaries.
Scorpion's role in Vigilant Guard will be to provide aerial reconnaissance, transmission of full motion video and communications regarding mock threat scenarios. (Photo: Business Wire)
Vigilant Guard 2014
[-chart]mms.businesswire.com/media/20140805005722/en/426740/4/TAL-Scorpion-Media2-7360x4912.jpg[/chart]
Scorpion's role in Vigilant Guard will be to provide aerial reconnaissance, transmission of full motion video and communications regarding mock threat scenarios. (Photo: Business Wire)
From August 4-7, Scorpion will take part in Vigilant Guard 2014, a large-scale, multi-state disaster response exercise conducted in Kansas, sponsored by U.S. Northern Command and the National Guard Bureau. The training exercise tests the capabilities of emergency response agencies at all levels of government, both military and civil.
More than 2,000 local, state, and federal personnel are expected to participate over the course of the six-day exercise at locations throughout Kansas, including Fort Riley, Overland Park, Salina, Crisis City and Smoky Hill Weapons Range near Salina, Topeka, and Wichita.
Scorpion’s role in Vigilant Guard will be to provide aerial reconnaissance, transmission of full motion video and communications regarding mock threat scenarios, in tight coordination with other aircraft and ground stations.
NGAUS General Conference & Exhibition
Soon after Vigilant Guard, Scorpion will be promoted in the Textron AirLand exhibit at the National Guard Association of the U.S. (NGAUS) 136th General Conference & Exhibition, from August 22-25 in Chicago.
This is the National Guard’s largest annual event, featuring displays of the latest military technology and presentations by leaders such as Gen. Mark A. Welsh, Jr., the Air Force chief of staff;
Rep. William Enyart, D – Ill., a former Illinois adjutant general; Gen. Darren W. McDew, the commander of Air Mobility Command; and Lt. Gen. Michael S. Tucker, the commander of First U.S. Army.
Air Force Association Air & Space Conference
The Scorpion will fly into Washington, D.C., to coincide with the AFA Air & Space Conference.
This the largest annual gathering of Air Force leaders, featuring more than 45 forums and a Technology Exposition spanning 100,000 square feet of space to showcase the latest technology within the air defense industry.
A model of Scorpion will be on exhibit from September 15-17, and invited guests will be able to see the actual Scorpion during a special event hosted at a facility close to the conference.
Progress Update
“We saw strong interest in Scorpion during The Royal International Air Tattoo and Farnborough International Air Show,” said Bill Anderson, president of Textron AirLand.
“While in the U.K., we briefed numerous international militaries on Scorpion’s multi-mission capabilities, as air forces see a growing need to execute sustained ISR (intelligence, surveillance and reconnaissance) in an affordable way.
We see Vigilant Guard and other upcoming events as opportunities to prove how Scorpion delivers high capability at a relatively low cost.”
Scorpion’s first trans-Atlantic roundtrip flight was completed on July 23, one day ahead of schedule. The flight from Wichita, Kansas to the U.K. air shows and back, covered over 9,200 nautical miles in total of 38 hours flight time.
Since its first flight in December 2013, the aircraft has been engaged in a rigorous flight testing program, with 155 flight hours logged thus far. The team is currently on pace to reach its goal of 300 flight test hours in 2014.
Future plans for Scorpion include live weapons testing, subject to obtaining required government approvals.
For a closer look at the Scorpion and its multi-mission capabilities, please visit www.ScorpionJet.com. Downloadable images and videos of recent test flights are available in the Scorpion Media Gallery.
About Textron
Textron is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services.
Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee and Textron Systems. More information is available at http://www.textron.com.
About Textron AirLand, LLC
Textron AirLand, LLC is a joint venture between Textron Inc. and AirLand Enterprises, LLC with the purpose of designing and manufacturing an affordable, capable jet platform based on commercially available technologies and processes for the tactical military jet aviation market.
More information about our initial aircraft is available at http://www.ScorpionJet.com.
About AirLand Enterprises, LLC
AirLand Enterprises, LLC was formed by a group of experienced aerospace and defense executives dedicated to bringing an effective, low-cost, ISR/Strike jet to domestic and international military markets, replacing aging aircraft and complimenting high-end multi-role fighters.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.
These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to,
the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs;
the timing of our new product launches or certifications of our new aircraft products;
our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers;
changes in foreign military funding priorities or budget constraints and determinations;
changes in government regulations or policies on the export and import of military products;
volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products;
performance issues with key suppliers or subcontractors;
and continued demand softness or volatility in the markets in which we do business.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140805005722/en/
Investor Contact:
Textron
Doug Wilburne, 401-457-2288
or
Robert Bridge, 401-457-2288
or
Media Contact:
Textron
David Sylvestre, 401-457-2362
Textron AirLand Scorpion Participates in USNORTHCOM’s VIGILANT GUARD Exercise
Date : 08/14/2014 @ 7:41PM
Source : Business Wire
Stock : Textron Inc. (TXT)
Quote : 38.05 -0.29 (-0.76%) @ 8:00PM
http://ih.advfn.com/p.php?pid=nmona&article=63267585
Textron AirLand Scorpion Participates in USNORTHCOM’s VIGILANT GUARD Exercise
Less than two weeks after returning from its international debut in the UK, Scorpion begins Operational Testing during the National Guard’s VIGILANT GUARD exercise in Salina, Kansas
Textron AirLand, LLC, a joint venture between Textron Inc. (NYSE:
TXT) and AirLand Enterprises, LLC, today announced that its Scorpion aircraft has completed operations in support of VIGILANT GUARD 2014, a Northern Command and Kansas National Guard training exercise demonstrating the capabilities of emergency response agencies at all levels of government, both military and civil.
With over 2,000 local, state, and federal personnel participating, Scorpion provided color High Definition multi-spectral aerial reconnaissance full motion video and communications with other aircraft and ground stations from 4-6 August 2014.
Demonstrating a 100% mission availability rate, Scorpion supported rapidly changing events on the ground, providing the Joint Task Force Commander crucial incident awareness to dynamically re-task surveillance and first responder teams as the complex disaster relief scenarios evolved.
During VIGILANT GUARD, Scorpion provided color High Definition multi-spectral aerial reconnaissance full motion video and communications with other aircraft and ground stations.
[-chart]mms.businesswire.com/media/20140814006283/en/427987/4/Scorpion_UK_Image_VG_Release_Aug2014.jpg[/chart]
Integration of the Helmet Mounted Cueing System (HMCS) enabled Textron AirLand’s Mission Commander, Andy Vaughan, also a Traditional Guardsman and A-10C pilot, to maintain eyes on target while managing the Electro Optical and Infra Red sensor for optimal full-motion imagery downlink feed to the Kansas Air National Guard 184th Intelligence Wing Geospatial Operations Analysis Team.
With Scorpion’s video feed, the 184th IW was able to create and disseminate 30 complex intelligence assessment products to the 35th Infantry Division Tactical Operations Center (TOC) and Joint Task Force Commander for decisive and efficient command and control of first responder personnel.
“It was great to start operationally testing Scorpion at home in Kansas in real-world scenarios and provide validation that our aircraft design and performance goals are exactly what we had hoped for,” stated Vaughan after completing the VIGILANT GUARD missions. Scorpion participated in a variety of scenarios which included a simulated train derailment, chemical spill, infrastructure damage, medical evacuations and recovery operations.
These activities were coordinated daily with Army North Command and Northern Command operations staff.
Only eight months after first flight and having just returned from its international debut in Europe, Scorpion continues to demonstrate the reliability of its commercial best-practices development heritage and proven systems integration to perform these Air National Guard Title 10 and 32 missions and validate its efficient operating economics.
With an affordable acquisition and operating cost, Scorpion’s value proposition and diverse multi-mission integration capabilities are unmatched by other aircraft platforms.
For a closer look at the Scorpion and its multi-mission capabilities, please visit www.ScorpionJet.com. Downloadable images and videos of recent test flights are available in the Scorpion Media Gallery.
About Textron
Textron is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee and Textron Systems.
More information is available at http://www.textron.com.
About Textron AirLand, LLC
Textron AirLand, LLC is a joint venture between Textron Inc. and AirLand Enterprises, LLC with the purpose of designing and manufacturing an affordable, capable jet platform based on commercially available technologies and processes for the tactical military jet aviation market.
More information about our initial aircraft is available at http://www.ScorpionJet.com.
About AirLand Enterprises, LLC
AirLand Enterprises, LLC was formed by a group of experienced aerospace and defense executives dedicated to bringing an effective, low-cost, ISR/Strike jet to domestic and international military markets, replacing aging aircraft and complimenting high-end multi-role fighters.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.
These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs;
the timing of our new product launches or certifications of our new aircraft products;
our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in foreign military funding priorities or budget constraints and determinations;
changes in government regulations or policies on the export and import of military products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; and continued demand softness or volatility in the markets in which we do business.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140814006283/en/
Textron
Investor Contact:
Doug Wilburne, 401-457-2288
or
Robert Bridge, 401-457-2288
or
Media Contact:
David Sylvestre, 401-457-2362
been awhile on private jets stuff/ who owns piper aircraft?
Cessna Citation CJ3+ Gains FAA Certification
Date : 09/05/2014 @ 10:10AM
Source : Business Wire
Stock : Textron Inc. (TXT)
Quote : 38.05 -0.29 (-0.76%) @ 5:14PM
http://ih.advfn.com/p.php?pid=nmona&article=63489057
Cessna Citation CJ3+ Gains FAA Certification
Cessna Aircraft Company, a subsidiary of Textron Aviation Inc, a Textron Inc. (NYSE: TXT) company, announced today it received type certification from the U.S. Federal Aviation Administration for the Cessna Citation CJ3+. Certification, awarded Thursday, comes less than six months after the company introduced the new model in March.
The Citation CJ3+, with seating for up to nine people, is certified for single pilot operation, featuring a number of new systems designed to reduce pilot workload.
(Photo: Business Wire)
[-chart]mms.businesswire.com/media/20140905005506/en/430505/4/_WAS0379.jpg[/chart]
“Cessna is committed to new product development and the swift progress of the Citation CJ3+, from announcement to certification and on to the market, is a perfect example of that laser-like focus,” said Chris Hearne, vice president, Jets.
“The CJ3+ incorporates the latest in technology for the cockpit and for the passenger cabin which is exactly what the customer has asked us to do, and that has always been a hallmark of Cessna’s
new product innovations.”
The Citation CJ3+, with seating for up to nine people, is certified for single pilot operation, featuring a number of new systems designed to reduce pilot workload.
Building on the popular Citation CJ3, the CJ3+ features an integrated avionics suite from Garmin, the G3000, an automatically controlled cabin pressurization system, and an advanced fault and maintenance diagnostic system.
The G3000 avionics suite in the Citation CJ3+ includes turbulence detecting weather radar, TCAS II, advanced Terrain Awareness Warning Systems (TAWS), and automatic dependent surveillance-broadcast (ADS-B) capabilities which make it compliant with a significant aspect of future Next Generation (NexGen) air traffic control requirements.
The aircraft cabin also features a wireless media server, Garmin integrated cockpit and cabin Iridium phone, and high speed internet capabilities.
With a range of up to 2,070 nautical miles, the CJ3+ is perfectly suited for the light jet market segment and can fly passengers nonstop from Washington, D.C., to Mexico City; from London to Moscow; from Shanghai to Bangkok; or from Lima to São Paulo.
Today’s news reflects the company’s focus on continued investment in general aviation’s most extensive product line up.
During the past year, Cessna has certified four new Citation models - the Citation M2, Citation Sovereign+, Citation X+ and now the Citation CJ3+. The next new Citation product coming to market within the coming year is the Citation Latitude, expected to certify in the second quarter of 2015.
Cessna created and continues to invigorate the light jet segment, giving customers the most expansive product line up on the market. From the popular entry level Citation Mustang and newly-certified Citation M2 jets, to the upgraded efficiency and comfort of the CJ3+ and the top performing CJ4, Cessna’s Citation CJ family of light business jets has evolved to offer a range of capabilities, systems and options unmatched in its class.
Cessna’s Citation series of jets are the most popular line of business jets ever produced, with more than 6,600 jets that have been designed, manufactured and delivered to customers around the world.
For more information on the CJ3+, please visit http://www.Cessna.com
About Textron Aviation Inc.
Textron Aviation Inc. is the leading general aviation authority and home to the iconic Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation companies include Cessna Aircraft Company and Beechcraft Corporation, bringing together decades of unmatched experience in designing, building and supporting airplanes.
It provides the most versatile and comprehensive general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft, and a complete global customer service organization.
Its broad range of products include such best-selling aircraft as Citation and Hawker business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s largest global service network.
For more information, visit http://textronaviation.com.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services.
Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems.
For more information visit: http://www.textron.com.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.
These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to,
the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products;
our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our
products; performance issues with key suppliers or subcontractors; and continued demand softness or volatility in the markets in which we do business.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140905005506/en/
Textron
Investor Contacts:
Doug Wilburne, 401-457-2288
or
Robert Bridge, 401-457-2288
or
Media Contact:
David Sylvestre, 401-457-2362
this j.v.partner for aerospace / quasar / i think this company could buy qasp hands over fists/\
txt
i am here, don't give up!
txt
Textron Inc. (TXT)
39.24 ? -0.03 (-0.08%)
Volume: 743,695 @ 4:13:07 PM ET
Bid Ask Day's Range
- - 38.81 - 39.5
TXT Detailed Quote Wiki
Option Chain for TXT
TXT News: ADDING MULTIMEDIA Wheels Up Introduces Cessna Citation Aircraft to Members Creating a Closed-Fleet of Jets 01:47 PM
TXT News: Wheels Up Introduces Cessna Citation Aircraft to Members Creating a Closed-Fleet of Jets 11:15 AM
TXT News: Specialized Disclosure Report (sd) 06/02/2014 02:36:29 PM
TXT News: Textron AirLand’s Scorpion to Make International Debut at The Royal International Air Tattoo & Farnborough International Ai... 05/23/2014 08:30:00 AM
TXT News: Textron Systems Unmanned Systems Delivers 4,500 Monthly Mission Hours, Additional FFS Operational Site Under New Navy ISR Ser... 05/19/2014 08:21:32 AM
News Alert: ADDING MULTIMEDIA Wheels Up Introduces Cessna Citation Aircraft to Members Creating a Closed-Fleet of Jets 06/03/2014 01:47:00 PM
this is good company/ qasp got exclusive for training pilots.
quasar doing good. This one is on the move too.
TXT News: U.S. Army Civil Affairs and Psychological Operations Command Selects Overwatch AXIS Pro(R) Software as Analysis Tool of Choice 03/26/2014 12:11:45 PM
TXT News: Textron to Release First Quarter Results on May 1, 2014 03/17/2014 04:30:00 PM
TXT News: Textron Completes Acquisition of Beechcraft 03/14/2014 10:19:00 AM
TXT News: Software
Launches, Company Promotions, Financial Standings, and Prestigious Awards - Analyst Notes on Northrop Grumman, Textr... 03/12/2014 08:00:00 AM
TXT News: Overwatch's iCommand(TM) Software Delivers Real-Time Situational Awareness and Dynamic Mission Management 03/05/2014 11:16:55 AM
qasp has contract wit txt
qasp going into marijuana.
Edit Msg (15 min left) | Previous | Next
Textron Inc. (TXT)
37.98 ? -0.04 (-0.11%)
Volume: 420,670 @ 1:15:51 PM ET
Bid Ask Day's Range
- - 37.5 - 38.09
TXT Detailed Quote Wiki
WICHITA, Kan., Dec. 26, 2013 /PRNewswire/ -- Beechcraft Corporation announced today that Textron Inc. (NYSE: TXT) has agreed to acquire Beech Holdings, LLC, the parent of Beechcraft Corporation, for approximately $1.4 billion in cash.
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StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=TXT&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=TXT
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=TXT
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=TXT&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=TXT.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=TXT®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/TXT
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/TXT/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/TXT/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/TXT/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=TXT&selected=TXT
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=TXT&selected=TXT
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/TXT/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/TXT/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/TXT/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/TXT/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/TXT/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/TXT/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/TXT/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/TXT/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/TXT/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/TXT/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/TXT/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/TXT/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/TXT/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/TXT/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=TXT&selected=TXT
NASDAQ Financials ~ http://www.nasdaq.com/symbol/TXT/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/TXT/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/TXT/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/TXT/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/TXT/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/TXT/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/TXT/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/TXT/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/TXT.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/TXT/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/TXT/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/TXT/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/TXT/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/TXT/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/TXT/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=TXT
YCharts ~ http://ycharts.com/companies/TXT
YCharts Performance ~ http://ycharts.com/companies/TXT/performance
YCharts Dashboard ~ http://ycharts.com/companies/TXT/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=TXT&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=TXT&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=TXT&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=TXT
Zacks Quote ~ http://www.zacks.com/stock/quote/TXT
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=TXT
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=TXT
Knobias ~ http://knobias.10kwizard.com/files.php?sym=TXT
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=TXT
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/TXT/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=TXT&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=TXT®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=TXT®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=TXT®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=TXT®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=TXT®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=TXT
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=TXT
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=TXT&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=TXT&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=TXT
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=TXT&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=TXT
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=TXT
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=TXT
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=TXT
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=TXT
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=TXT
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=TXT
Investorpoint ~ http://www.investorpoint.com/ enter "TXT" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "TXT" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=TXT
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=TXT
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=TXT
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=TXT
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=TXT
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "TXT" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=TXT&submit=Short+Quote%99
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=TXT
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=TXT
Check those searches for recent TXT mentions. If TXT is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
~ Wednesday! $TXT ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!
~ $TXT ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=TXT&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=TXT&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=TXT
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=TXT#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=TXT+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=TXT
Finviz: http://finviz.com/quote.ashx?t=TXT
~ BusyStock: http://busystock.com/i.php?s=TXT&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=TXT >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Technically the chart looks great, valuation way down & if it were
not for the CEO this stock would be a cinch for a revival. I am
betting we continue to see upward movement despite the pounding
this stock has taken under his "leadership".
A dividend has been declared:
http://www.marketwatch.com/story/textron-declares-quarterly-dividend-2010-07-29?reflink=MW_news_stmp
Interesting speculation:
http://www.tradershuddle.com/Trading-Ideas/5247007232010-textron-in-a-well-structured-setup.html
Chart looks IMO except for the gap;
http://stockcharts.com/h-sc/ui?s=TXT&p=D&yr=0&mn=3&dy=0&id=p88699850191
Just in TXT based on the earnings report and good technical chart. TXT is currently up 7.3%.
TXT is trading like a roller coaster these past few sessions
Board has been quiet for a while, any thoughts on where TXT will head through the end of 2009?
It takes the avg American around working 30 years to earn one million...............and he along with all these corporate publicly traded companies are guilty, thanks to the Congress and past administrations who are in their service, as opposed to making the laws, and rules which would subject them to getting paid from the revenues they generate, this would make them truly earn their money as opposed to filling a seat. This is nothing more than allowed loopholes to issue stock and stock options, even during a company failing to profit, with out of this world severance pkgs even for limited service, unlike those who labor to build these companies in hourly wages, or those who invest in them, unless we measure their comp hourly to be in the range of $10,000 to $20,000 an hour and some much much more, even when their involved in corporate travel???, their travel expenses can reach into the tens of thousands.................not one has yet created space travel, found a cure for MS, or cancer, or the fountain of youth, but you would think they have. Not one person on this planet is worth these comp pkgs. $500k on the low end to $2m on the high end would be winning lottery tickets to a job position of Ceo, and many willing and able would be overjoyed with getting such an opportunity with that kind of pay, but even this would need to be scrutinized by shareholders and how well the company would is doing............$2m for the biggest of companies would be an extreme payout.
I can't fathom getting paid like Campbell did.
At least it was less than the previous year, bet that hurt em'......not.
GLA
Sieg
Lewis B. Campbell
Chief Executive Officer
Textron Inc.
Aerospace & Defense
In 2008, Lewis B. Campbell raked in $10,306,561 in total compensation.* In the previous year the CEO of this company made $21,606,434. Total CEO compensation has decreased by 52%.
26x more than the President of the US for 2008.
53x more the previous year, and comparitively approx 345x based on the national avg worker for 2008, 700x more the previous year. http://www.textron.com/about/leadership/board_of_directors/index.jsp
Any employee who would cause the company to lose value or capital would be shown the door, and not the front one either.
Go figure?
Textron to Release Second Quarter Results on July 28, 2009
Textron Inc. (NYSE: TXT) will release its second quarter 2009 financial results on Tuesday, July 28, 2009.
The company will also host a conference call at 9:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via webcast at www.textron.com or by direct dial at (888) 276-0010 in the U.S. or (612) 332-0820 outside of the U.S. (request the Textron Earnings Call).
In addition, the call will be recorded and available for playback beginning at 11:30 a.m. (Eastern) on Tuesday, July 28, 2009 by dialing (320) 365-3844; Access Code: 991793.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.
Textron's solvency problems, debt downgrades and weakened share price fanned speculation earlier this month that the company might be the target of a takeover, helping lift the stock from a 30-year low
http://www.marketwatch.com/news/story/textron-posts-sharply-lower-profit/story.aspx?guid=%7B951AC235%2DF2E8%2D401A%2D89A7%2D31F21134C187%7D&siteid=yhoof
Textron's 1st-quarter profit falls 63 pct
Textron's 1st-qtr profit sinks 63 pct on weak corporate jet demand; cuts 2009 profit outlook
Donna Borak, AP Business Writer
On Tuesday April 28, 2009, 6:23 pm EDT
Buzz up! Print Related:Textron Inc.
WASHINGTON (AP) -- Textron Inc., which makes Cessna planes, Bell helicopters and turf maintenance equipment, said Tuesday its first-quarter profit fell 63 percent as the recession drove down demand for its corporate jets. It also slashed its 2009 profit outlook and said it expects more job cuts.
Related Quotes
Symbol Price Change
TXT 11.20 -0.19
The quarterly results reflect lower demand for Textron's large manufactured goods and smaller profits at its finance arm. Tough economic times have forced the Providence, R.I.-based industrial conglomerate to cut its global work force by 15 percent in recent months.
Textron also said it plans to sell $300 million worth of convertible senior notes and 19 million shares of its common stock.
The company will use the proceeds to repay debt and boost its cash. It will also hedge against any dilution of its common stock related to the convertible note sale. The diversified manufacturer has been aggressively looking to improve its liquidity, ending the quarter with $1.7 billion in cash.
"Despite the tough economic environment, our liquidity plan is substantially ahead of schedule," said Textron Chairman and CEO Lewis Campbell, in a statement.
Textron's first-quarter net income totaled $86 million, or 35 cents per share, down from $231 million, or 91 cents per share, in the same period last year. Textron reported a day earlier than Wall Street had expected.
In after-hours trading, shares dropped 89 cents, or 8 percent, to $10.31, after closing at $11.20. The company's stock had rallied in recent weeks amid speculation that it could be a potential buyout target.
Before restructuring charges of $32 million, Textron earned a profit of 26 cents per share -- beating Wall Street's earnings forecast of a penny per share.
The company now expects full-year restructuring charges of roughly $75 million, up from its previous estimate of $40 million. The higher charges reflect expected job cuts as demand continues to wane, along with closures of facilities.
Textron has already reduced its global work force by 6,200 positions. About 4,600 of those job eliminations come from Cessna. The company is expected to provide further details of potential job cuts during a conference call with Wall Street analysts before the market opens Wednesday.
Quarterly revenue fell 24 percent to $2.53 billion led by lower deliveries of business jets and weaker demand for its industrial products like E-Z-GO golf carts and lawn care machinery. Sales missed Wall Street's prediction of $2.78 billion.
Sales at Cessna, based in Wichita, Kan., fell 38 percent to $769 million. The unit delivered 69 jets in the fourth quarter, down from 95 in 2008.
Bell Helicopters' revenue rose 29 percent to $742 million on higher volumes and pricing for its military and commercial helicopters. However, it's industrial unit fell 37 percent because of lower demand for its products and unfavorable foreign exchange rates.
The company's troubled finance arm -- Textron Financial Corp. -- also reported revenues declined 43 percent to $122 million on lower market interest rates, lower securitization gains and other lower income.
Citing anticipated lower demand for Cessna jets and higher losses at Textron Financial, the company now anticipates earnings per share of between 45 cents and 75 cents in 2009. That is much lower than its previous estimate of $1 and $1.50.
Textron anticipates revenue of $11 billion, below its previous estimate of $12.5 billion for the year. That's also below Wall Street's forecast of a profit of 97 cents on revenue of $11.80 billion.
Moody's downgrades Textron's ratings to Baa3
Tue Apr 28, 2009 6:04pm EDT Email | Print | Share| Reprints | Single Page[-] Text [+]
Market News
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CORRECTED: Asian stocks fall on swine flu, U.S. bank worries
More Business & Investing News... Reuters has stopped distributing the full text of Moody's
Investors Service press releases on ratings actions, effective
April 1, 2009. The text of this Moody's Investor Service rating
is available at www.moodys.com.
U.S. NEWS APRIL 13, 2009, 5:50 P.M. ET Textron Holders Advised to Vote Against Nominees Article
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By JENNIFER LEVITZ
Proxy advisor RiskMetrics Group Inc. is recommending Textron Inc. shareholders vote against two outside directors over what the group calls "excessive" personal use of the company aircraft and "excessive new hire package" for Textron's president Scott Donnelly, who formerly served as chief operating officer.
Risk Metrics is advising shareholders vote against incumbent directors Lawrence Fish and Joe Ford in a directors' election April 22. Mr. Fish is Textron's lead outside director, and chairman of the Textron board's nominating committee. Mr. Ford is a member of the nominating committee.
Normally, the proxy adviser said it would recommend against members of the board's compensation committee over issues such as pay and alleged abusive perquisites. But since no compensation committee members are up for re-election, it turned its sights on outside directors Messrs. Fish and Ford. RickMetrics said Textron had taken some positive governance steps in response to past concerns.
In its proxy filed with the Securities and Exchange Commission, Textron responded that its compensation committee worked "diligently" to create compensation arrangements for Mr. Donnelly, "much of which was designed to 'make him whole" for compensation and benefits he lost when he left" General Electric Co.
Textron also said it "believes that its executives' use of aircraft manufactured by Textron's Cessna division is appropriate for business and personal use to increase their productivity and to showcase to potential customers the real-life efficiencies and other benefits of our aircraft products
Write to Jennifer Levitz at jennifer.levitz@wsj.com
Nice call Makes. I live 25 minuites from cooperate. I shoulda been payin attention to the local stocks .
Congrats
Thanks makesumgravy. I am off on Monday and will keep an eye out on my alerts, morning furtures, news, etc. I will check this board as well. Maybe if you hear anything one way or the other we could talk Monday. I would not argue about a $39 per share buyout:) Which seems unlikely. But we can all dream!
21 would be good too. I initially invested hoping down the road it could get back to close to what it was before the big hit, but I know that would take a long time.
See Yaa
More info should be out on Monday. I believe they may be in some negotiations over this weekend. The market would like to see the companies debt cleaned up, this has been the thorn. The other questions may be the Govt, so far I haven't heard anything?........The last question does the company really want to sell?............it employ's alot of people. The other thing is does the company want to sell at this price, this will not eleviate their $9bn in debt, they are only being offered $5.1 or so bn for the company. They need at least $39. The other question is who do they have in mind to sell the military defense side of the company to?.........
I believe this is why the stock didn't go higher, to many uncertainties.
Hi. New to TXT. Got at 4 and 10 $
What are the thoughts of the price going up or down on Monday? If they go down should we dump or hold for a buyout? I have been researching about it. But have not found tons of info.
Thanks
For Some CEOs, the Perks Keep Flowing Article
By CARI TUNA
The public outcry over corporate jets and other executive perquisites intensified last year, but that didn't ground top brass at Dana Holding Corp.
The Toledo, Ohio, auto supplier, which emerged from Chapter 11 bankruptcy protection in January 2008, spent $2.3 million last year on chartered planes to fly its chairman and chief executive, John M. Devine, and its vice chairman and former CEO, Gary L. Convis, to and from their California homes, according to its latest proxy statement.
Dana Holding Corp.
John Devine
Despite investor grumbling, U.S. companies continue to subsidize a wide array of benefits for their top executives, from round-the-clock personal security to country-club memberships, top-flight healthcare, sporting-event tickets and personal use of corporate-owned retreats, according to The Wall Street Journal CEO pay survey.
"When push comes to shove, companies didn't make as many changes to these programs last year as shareholders would like," said David Wise, a senior consultant at Hay Group, which compiled the Journal's survey.
A public backlash against executives flying in private jets erupted last year when the CEOs of the Big Three U.S. auto makers were excoriated by members of Congress for flying private jets to Washington, D.C., to appeal for government aid. The perk was common last year: 104 of the 200 companies in the Journal survey covered the cost of personal air travel by their CEOs in 2008, down only slightly from 107 in 2007. The median value of the perk jumped to $115,500 from $79,000, probably because of higher fuel prices, Mr. Wise said.
View Interactive
Chartbook
See the top earners and more details from the CEO pay survey.
Other jet-setting CEOs included James M. Bernhard Jr. of Shaw Group Inc. and Lewis B. Campbell of Textron Inc., who amassed $642,500 and $590,400, respectively, in personal air-travel expenses.
A spokeswoman for Shaw Group declined to comment. Textron, which owns Cessna Aircraft Co., said that private and public use of business jets by Textron executives "increases their productivity and provides a competitive talent attraction and retention advantage." The spokesman added that "it also serves as an extremely important example to showcase the real-life efficiencies and other benefits to potential customers."
Dana sold its six corporate aircraft to cut costs before and after entering Chapter 11 in March 2006. Company spokesman Chuck Hartlage said directors agreed to pay for Messrs. Devine and Convis's commutes to lure the seasoned auto executives out of retirement.
He said the executives' total direct compensation last year, not including benefits, which is valued by the Journal at $8.5 million for Mr. Devine and $6.2 million for Mr. Convis, is "very much in line with similarly situated peers."
Dana also reimbursed the pair for more than $43,000 in taxes associated with the travel expenses, highlighting another controversial benefit: tax "gross-ups" on perks.
Proxy adviser RiskMetrics Group Inc. recently added "gross-up" payments, which cover the taxes owed by executives for employer-provided perks and other benefits, to its list of poor executive-pay practices that can prompt it to advise against directors' reelection.
View Interactive
Interactive Guide
An explanation of how to read proxy statements
This week, for example, it recommended that Dana shareholders withhold votes for compensation committee member Jerome B. York over the gross-up issue. "The tax reimbursements, like the air-travel benefit, were part of the board-approved employment agreements," said Mr. Hartlage of Dana. He said Mr. York is "aware of the story" but didn't return a request for comment.
In the Journal survey, 76 companies disclosed some form of gross-up for chief executives, down from 77 in 2007. The median value of such payments fell to $16,400 from $22,350.
Oil-field services provider BJ Services Co. spent the most on gross-ups, reimbursing CEO J.W. Stewart $718,800 for the taxes on his bonus and certain equity awards. A BJ Services spokesman was unavailable for comment.
Other popular perks include security and financial advice. Occidental Petroleum Corp. CEO Ray R. Irani, whose total direct compensation of $49.9 million ranked second among CEOs in the compensation survey, also received security valued at $575,400 and financial planning valued at $403,300, according to the company's proxy statement.
Occidental spokesman Richard Kline called security "a necessity" for Dr. Irani, adding, "Executives from oil and gas companies have been threatened, abducted and killed." The financial-planning assistance allowed Dr. Irani "to keep his complete attention on the company's business and performance," Mr. Kline said.
Ferro Corp., a Cleveland maker of industrial coatings, reimbursed CEO James F. Kirsch for a $100,000 initiation fee at the Pepper Pike Country Club. The board had suggested he join "to enhance networking opportunities with other Cleveland area CEOs," according to Ferro's proxy statement. The company declined to comment further.
Wall Street Journal CEO Pay Survey
Full Survey Results: 200 CEOs' PayCEO Pay Sinks Along With ProfitsMotorola Co-CEO Tops Pay SurveyCEO Salaries Remain Under Pressure in '09Robert A. Young, the chairman and former CEO of shipping-services company Arkansas Best Corp., received perks valued at $58,449 last year, including an undisclosed amount for personal use of the company's hunting lodge. An Arkansas Best spokesman wasn't available for comment.
The survey found 27 companies that discontinued at least one perk for their CEOs last year, compared with 35 companies that killed perks in 2007. Steve Sabow, Hay Group's director of executive compensation research, said companies eliminated benefits that stood out as "unusual." Mr. Wise, of Hay Group, expects more companies to eliminate executive perks in 2009 in response to mounting criticism of executive pay.
One company trimmed perks after an unusual shareholder revolt. InfoGroup Inc., an Omaha, Neb., database concern, sold its corporate yacht for $1.5 million in October 2008 after a shareholder suit alleged abusive personal spending by founder Vinod Gupta, according to Securities and Exchange Commission filings.
Mr. Gupta resigned as CEO last August and agreed to repay $9 million. But he received a $10 million severance package and remains on the company's board, according to the filings. Mr. Gupta couldn't be immediately reached.
—Phred Dvorak and Joann S. Lublin contributed to this article.
Write to Cari Tuna at cari.tuna@wsj.com
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Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Conglomerates
Industry: Conglomerates
Full Time Employees: 42,000
BUSINESS SUMMARY
Textron, Inc. operates in the aircraft, industrial, and finance industries worldwide. It operates through four segments: Bell, Cessna, Industrial, and Finance.
The Bell segment
manufactures and supplies helicopters, tiltrotor aircraft, and helicopter-related spare parts and services for both military and commercial applications.
It also manufactures precision weapons; airborne and ground-based surveillance systems; intelligence and situational awareness software;
armored vehicles and turrets; reciprocating piston aircraft engines; and aircraft and missile control actuators, valves, and related components for the defense,
aerospace, and general aviation markets.
The Cessna segment
manufactures general aviation aircraft, such as business jets, single engine turboprops, and single engine piston aircraft,
as well as provides aftermarket services.
The Industrial segment
designs and manufactures blow-molded fuel systems and other blow-molded parts primarily for automobile original equipment
manufacturers. It offers metal fuel fillers and engine camshafts for the automotive market; bottles and plastic containers for food, household,
laboratory and industrial uses; and blow-molded fuel systems for the all-terrain vehicle and watercraft markets.
This segment also designs and manufactures products related to gear technologies, industrial pumps, polymer systems, and hydraulics; powered equipment,
electrical test and measurement instruments, hand and hydraulic powered tools; golf cars and off-road utility vehicles powered by electric
and internal combustion engines; and turf-maintenance equipment and turf-care vehicles.
The Finance segment
provides aircraft finance, asset-based lending, distribution finance, golf finance, resort finance, and structured capital.
The company sells its products through a network of sales representatives, distributors, and authorized independent sales representatives.
Textron was founded in 1923 and is based in Providence, the Rhode Island.
Vision and Strategy
Textron's vision is to become the premier multi-industry company, recognized for our network of powerful brands, world-class enterprise processes and talented people.
Our strategy is to create superior shareholder value by building world-class competencies in:
Enterprise Management - building, deploying and leveraging world-class operating capabilities through a focus on customers, people and processes.
Portfolio Management - identifying, selecting, acquiring and integrating the right mix of businesses that will drive higher performance while benefiting from our Enterprise Management capabilities.
Enterprise Management
This element of our strategy has three facets:
making our customers successful;
attracting and developing talented people;
implementing world-class processes to enhance productivity and innovation.
Indeed, "customers, people, process" has become a Textron mantra.
Our performance will be only as good as our commitment and ability to help customers succeed.
And we will only help customers succeed if we have the right people and processes in place.
Textron Inc. is a $14.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees.
The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to
provide customers with innovative solutions and services.
Bell(19% of revenues), Cessna (38% ), Defense and Intelligence (10%), The Industrial segment (26%), Finance(7%)
Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation.
Latest Shares Outstanding: 241.1 mil
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