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Textron Inc

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  • Textron eliminating 750 Cessna, Beechcraft jobs Wednesday, 23 Apr 2014 | 11:21 AM ET

    NEW YORK— Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division. Both aircraft makers are based in Wichita, Kan., and Textron says about 575 of the affected jobs are based in Kansas.

  • Early Glance: Aerospace companies Wednesday, 23 Apr 2014 | 10:29 AM ET

    Boeing rose $2.36 or 1.9 percent, to $129.91. Lockheed Martin Corp. rose $3.09 or 2.0 percent, to $159.78. Northrop Grumman Corp. rose$. 55 or. 5 percent, to $120.34.

  • Midday Glance: Aerospace companies Tuesday, 22 Apr 2014 | 1:18 PM ET

    Boeing rose $1.28 or 1.0 percent, to $129.10. Lockheed Martin Corp. fell $2.43 or 1.5 percent, to $159.06. Northrop Grumman Corp. fell$. 04 or percent, to $122.17.

  • E-Z-GO recalls 30,000 vehicles Tuesday, 22 Apr 2014 | 12:57 PM ET

    The U.S. Consumer Product Safety Commission said Tuesday that the steering wheel nut on the vehicles may not have been tightened sufficiently, which would reduce the driver's control and could result in a crash. They were sold nationwide from August 2012 through February 2013 for between $6,650 and $10,650.

  • Final Glance: Aerospace companies Monday, 21 Apr 2014 | 6:02 PM ET

    Boeing fell$. 10 or. 1 percent, to $127.82. Lockheed Martin Corp. rose $1.24 or. 8 percent, to $161.49. Textron fell$. 10 or. 3 percent, to $39.44.

  • Early Glance: Aerospace companies Monday, 21 Apr 2014 | 10:31 AM ET

    Boeing rose$. 19 or. 1 percent, to $128.11. Lockheed Martin Corp. rose$. 77 or. 5 percent, to $161.02. Northrop Grumman Corp. rose$. 33 or. 3 percent, to $122.33.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • Final Glance: Aerospace companies Wednesday, 16 Apr 2014 | 6:02 PM ET

    Boeing rose $1.77 or 1.4 percent, to $126.04. Lockheed Martin Corp. rose $2.05 or 1.3 percent, to $159.44. Northrop Grumman Corp. rose $1.68 or 1.4 percent, to $120.60.

  • Midday Glance: Aerospace companies Wednesday, 16 Apr 2014 | 1:30 PM ET

    Boeing rose $1.38 or 1.1 percent, to $125.65. Lockheed Martin Corp. rose $1.10 or. 7 percent, to $158.49. Northrop Grumman Corp. rose $1.36 or 1.1 percent, to $120.28.

  • Early Glance: Aerospace companies Wednesday, 16 Apr 2014 | 10:27 AM ET

    Boeing rose$. 66 or. 5 percent, to $124.93. Lockheed Martin Corp. rose$. 24 or. 2 percent, to $157.63. Northrop Grumman Corp. rose$. 91 or. 8 percent, to $119.83.

  • Final Glance: Aerospace companies Monday, 14 Apr 2014 | 6:01 PM ET

    Boeing rose $1.18 or 1.0 percent, to $123.25. Lockheed Martin Corp. rose $2.00 or 1.3 percent, to $155.82. Northrop Grumman Corp. rose $1.33 or 1.1 percent, to $118.00.

  • Midday Glance: Aerospace companies Monday, 14 Apr 2014 | 2:08 PM ET

    Boeing rose$. 90 or. 7 percent, to $122.97. Lockheed Martin Corp. rose $2.22 or 1.4 percent, to $156.04. Northrop Grumman Corp. rose $1.05 or. 9 percent, to $117.72.

  • Early Glance: Aerospace companies Monday, 14 Apr 2014 | 10:21 AM ET

    Boeing rose$. 70 or. 6 percent, to $122.77. Lockheed Martin Corp. rose $2.01 or 1.3 percent, to $155.83. Northrop Grumman Corp. rose $1.37 or 1.2 percent, to $118.04.

  • Midday Glance: Aerospace companies Friday, 11 Apr 2014 | 1:51 PM ET

    Boeing fell$. 88 or. 7 percent, to $122.77. Lockheed Martin Corp. fell$. 49 or. 3 percent, to $154.95. Northrop Grumman Corp. rose$. 68 or. 6 percent, to $117.84.

  • OTTAWA, March 28- Canada has signed a $105 million contract with the Philippines to supply eight military helicopters made by Bell Helicopter Textron Canada, a unit of Textron Inc, Canadian International Trade Minister Ed Fast said on Friday.

  • Pentagon moving ahead with new vertical lift aircraft Friday, 21 Feb 2014 | 11:39 PM ET

    HUNTSVILLE, Alabama, Feb 21- The Pentagon is committed to early design work on a new aircraft that will replace thousands of helicopters now used by the U.S. military, its first "clean sheet design" program in years, the Army official heading the effort said on Friday.

  • Feb 19- Garmin Ltd handily beat quarterly profit estimates and forecast a strong 2014 as sales of GPS-based fitness, aviation and outdoor products more than made up for shrinking sales of personal navigation devices, a market it once dominated. Garmin shares jumped as much as 12 percent to $52.72- their highest in six years.

  • UPDATE 1-Aviation, fitness sales drive Garmin profit Wednesday, 19 Feb 2014 | 8:19 AM ET

    Feb 19- Navigation device maker Garmin Ltd reported a better-than-expected quarterly profit, helped by strong demand for aviation and fitness products, sending its shares up 8 percent before the bell.

  • As West cuts, global defence industry balance shifts Wednesday, 12 Feb 2014 | 9:13 AM ET

    *Asia, Gulf to drive global defence growth in 2014. LONDON, Feb 12- Fuelled by growing strains in Middle East and Asia, global defence spending looks set to rise in 2014 for the first time since the 2008 financial crisis.

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