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  • PROVIDENCE, R.I. _ Textron Inc. on Wednesday reported first-quarter net income of $150 million. Textron expects full-year earnings to be $2.60 to $2.80 per share. Textron shares have declined slightly more than 9 percent since the beginning of the year, while the Standard& Poor's 500 index has increased roughly 3 percent.

  • LAS VEGAS, Nov 18- Weakening or sluggish economies around the globe are taking a toll on business aircraft sales and prices, forestalling an incipient recovery that had raised the hopes of plane makers and suppliers. "Now you can get the same aircraft with a better cockpit for $43 million, almost $10 million less," said Chad Anderson, president of Jetcraft, a major...

  • LAS VEGAS, Nov 16- GE Aviation said on Monday it had teamed up with Textron Aviation to produce an all-new turboprop aircraft and engine for the general aviation market, part of an effort GE expects will generate up to $1 billion in annual sales of engines by around 2020.. GE Aviation, a unit of General Electric, said its so-called advanced turboprop engine takes aim...

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  • DUBAI, Nov 8- Bell Helicopter, a unit of Textron Inc, said on Sunday it did not expect a recovery in the commercial helicopter market until the first or second quarter of 2017.. The commercial helicopter market is down about 30 percent compared to a year earlier, but Moulay said Bell Helicopter remained less affected than other firms since only 10 to 15 percent of its...

  • DUBAI, Nov 8- Bell Helicopter, a unit of Textron Inc, said on Sunday it did not expect a recovery in the commercial helicopter market until the first or second quarter of 2017.. Bell had previously said it saw an improvement some time in 2016. But Patrick Moulay, vice president of global sales and marketing for the helicopter market, said the outlook was worse than...

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