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Textron Inc

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  • Final Glance: Aerospace companies Friday, 20 Feb 2015 | 6:00 PM ET

    Boeing rose $4.56 or 3.0 percent, to $158.31. Lockheed Martin Corp. rose $2.28 or 1.1 percent, to $203.99. Northrop Grumman Corp. rose $2.07 or 1.2 percent, to $172.20.

  • Midday Glance: Aerospace companies Friday, 20 Feb 2015 | 1:36 PM ET

    Boeing rose $4.08 or 2.7 percent, to $157.83. Lockheed Martin Corp. rose$. 79 or. 4 percent, to $202.50. Northrop Grumman Corp. rose$. 85 or. 5 percent, to $170.98.

  • Early Glance: Aerospace companies Friday, 20 Feb 2015 | 10:50 AM ET

    Boeing rose $2.20 or 1.4 percent, to $155.95. Lockheed Martin Corp. fell$. 80 or. 4 percent, to $200.91. Northrop Grumman Corp. fell$. 29 or. 2 percent, to $169.84.

  • Final Glance: Aerospace companies Thursday, 19 Feb 2015 | 6:03 PM ET

    Boeing rose $2.58 or 1.7 percent, to $153.75. Lockheed Martin Corp. rose $3.14 or 1.6 percent, to $201.71. Northrop Grumman Corp. rose $2.45 or 1.5 percent, to $170.13.

  • Midday Glance: Aerospace companies Thursday, 19 Feb 2015 | 1:28 PM ET

    Boeing rose $2.57 or 1.7 percent, to $153.74. Lockheed Martin Corp. rose $2.46 or 1.2 percent, to $201.03. Northrop Grumman Corp. rose $1.39 or. 8 percent, to $169.07.

  • Early Glance: Aerospace companies Thursday, 19 Feb 2015 | 10:50 AM ET

    Boeing rose$. 81 or. 5 percent, to $151.98. Lockheed Martin Corp. rose$. 99 or. 5 percent, to $199.56. Northrop Grumman Corp. rose$. 54 or. 3 percent, to $168.22.

  • *Europe losing market share in India to U.S., Russia. Europe's share of defence sales to India, the world's top arms importer, slid to less than 4 percent in 2013 from more than a fifth in 2005, data from think tank Stockholm International Peace Research Institute showed. But India has stipulated that for winning defence deals, foreign firms give domestic companies...

  • The policy, the details of which are classified, comes after a two-year review amid growing demand from U.S. allies for the new breed of weapons that have played a key role in U.S. military action in Afghanistan, Iraq and Yemen. Privately held General Atomics, maker of the Predator and Reaper drones, Northrop Grumman Corp, Textron Inc and other arms makers have been...

  • Jan 28- Textron Inc, maker of Cessna jets and Bell helicopters, reported quarterly revenue below average analyst estimate as deliveries of Bell helicopters declined, and forecast full-year profit and revenue below expectations. Textron's revenue increased 17 percent to $4.10 billion, but missed the average analyst expectation of $4.3 billion.

  • Textron profit up 27 pct Wednesday, 28 Jan 2015 | 6:44 AM ET

    Jan 28- Textron Inc, maker of Cessna jets and Bell helicopters, reported a 27 percent jump in quarterly profit, helped by its acquisition of smaller peer Beechcraft last March. Textron's net profit rose to $212 million, or 76 cents per share, for the fourth quarter ended Jan. 3 from $167 million, or 59 cents per share, a year earlier. Revenue increased 17 percent to $4.10...

  • WASHINGTON, Jan 16- India may buy unmanned aerial vehicles, or drones, from other countries if the United States does not ease current export restrictions on such aircraft, a key Democratic senator said on Friday. Senator Mark Warner of Virginia, who will join President Barack Obama during a trip to India on Jan. 26, said he was concerned that other countries could...

  • A Jan. 5 memorandum signed by top Navy and Marine Corps officials described plans to use the V-22, built by Boeing Co and Textron Inc's Bell Helicopter unit, instead of opting for a new plane, or upgrading the existing C-2As. Navy acquisition chief Sean Stackley declined to confirm the Navy had decided to use the V-22 for the carrier on-board delivery mission, but he...

  • Off-shore oil drilling and production in regions such as the North Sea and Gulf of Mexico have been a key source of demand for helicopter makers including United Technologies' Sikorsky unit, Finmeccanica's AgustaWestland and Airbus Helicopters. Textron's Bell Helicopter could soon become a bigger player with a new helicopter. During United Technologies'...

  • Oil price plunge could leave helicopters sputtering Thursday, 15 Jan 2015 | 1:00 AM ET

    Off-shore oil drilling and production in regions such as the North Sea and Gulf of Mexico have been a key source of demand for helicopter makers including United Technologies' Sikorsky unit, Finmeccanica's AgustaWestland and Airbus Helicopters. Textron's Bell Helicopter could soon become a bigger player with a new helicopter. During United Technologies'...

  • WASHINGTON, Jan 14- U.S. Air Force Secretary Deborah James on Wednesday mapped out a series of initiatives aimed at lowering the cost of key weapons systems and getting them fielded sooner, saying that leaner budgets and growing threats made action imperative. James said the initiatives are part of a broader push by the Air Force to be more flexible, adaptable and...

  • WASHINGTON, Jan 13- The U.S. Navy plans to buy V-22 tiltrotor aircraft built by Boeing Co and Textron Inc's Bell Helicopter unit to replace the older C-2A turboprop aircraft it now uses to ferry passengers and cargo to aircraft carriers, two people familiar with the issue said late Tuesday. The sources, who were not authorized to speak publicly, confirmed that top...

  • WASHINGTON, Jan 13- The U.S. Navy plans to buy V-22 tiltrotor aircraft built by Boeing Co and Textron Inc's Bell Helicopter unit to replace the older C-2A turboprop aircraft it now uses to ferry passengers and cargo to aircraft carriers, two people familiar with the issue said late Tuesday. The sources, who were not authorized to speak publicly, confirmed that top...

  • U.S. drone rules remain in the hangar in 2014 Wednesday, 31 Dec 2014 | 2:17 PM ET

    NEW YORK, Dec 31- The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward using drones in everything from farming to package delivery. The Federal Aviation Administration turned a draft of the rules- the first major overhaul of the regulations- over to the White House on Oct. 23, and...

  • Learn to buy stock like a 'greedy' Buffett Wednesday, 3 Dec 2014 | 8:00 AM ET

    The end of the year can lead investors to seek stock market bargains, but many don't understand how a contrarian really thinks, or trades.

  • Boeing welcomes Japan decision to buy V-22s Friday, 21 Nov 2014 | 8:49 PM ET

    WASHINGTON, Nov 21- Boeing Co on Friday welcomed a decision by Japan to buy V-22 Osprey tilt-rotor aircraft that it builds together with Bell Helicopter, a unit of Textron Inc.. "The Bell Boeing team is honored the Japanese Ministry of Defense has selected the V-22 Osprey to support its operational requirements, and we'll continue to work with the U.S. government...