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TXT / Textron stock jumps after Army contract win that takes a 'key risk' off the table

Textron stock jumps after Army contract win that takes a 'key risk' off the table
Shares of Textron Inc. TXT, -1.96% were rising about 9% in premarket trading Tuesday after the company announced that its Bell business won a U.S. Army development contract for the Future Long-Range Assault Aircraft (FLRAA) program. Bernstein analyst Doug Harned wrote that the FLRAA "will ultimately replace the Black Hawk" and that while the initial award could get up to $1.3 billion in value, "the program could lead to revenues well in excess of $40 billion through 2050. Read More
Posted: Dec 6 2022, 07:58
Author Name: Market Watch
Views: 110650

TXT News  

Is Textron (TXT) Stock Undervalued Right Now?

By Zacks Investment Research
November 2, 2023

Is Textron (TXT) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Textron, Inc. (TXT) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 26, 2023

Textron, Inc. (TXT) Q3 2023 Earnings Call Transcript

Textron, Inc. (NYSE:TXT ) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Eric Salander - VP, IR & Treasurer Scott D more_horizontal

Textron (TXT) Surpasses Q3 Earnings Estimates

By Zacks Investment Research
October 26, 2023

Textron (TXT) Surpasses Q3 Earnings Estimates

Textron (TXT) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings more_horizontal

Will Segmental Sales Aid Textron's (TXT) Earnings in Q3?

By Zacks Investment Research
October 24, 2023

Will Segmental Sales Aid Textron's (TXT) Earnings in Q3?

Textron's (TXT) Q3 results are likely to reflect a solid revenue performance across the majority of its business units, which may have aided the overa more_horizontal

Textron's (TXT) Unit Achieves 100th Delivery of King Air 360

By Zacks Investment Research
October 19, 2023

Textron's (TXT) Unit Achieves 100th Delivery of King Air 360

Textron's (TXT) Textron Aviation, with its 100th Beechcraft delivery, continues to achieve success in the turboprop aircraft market. more_horizontal

A Deep Dive Into Textron Stock: A Cautious 'Buy'

By Seeking Alpha
October 10, 2023

A Deep Dive Into Textron Stock: A Cautious 'Buy'

Textron Inc. showed promising financial growth in Q2 2023, with significant revenue upticks in its Aviation and Industrial segments. The company incre more_horizontal

Textron to Release Third Quarter Results on October 26, 2023

By Business Wire
October 2, 2023

Textron to Release Third Quarter Results on October 26, 2023

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its third quarter 2023 financial results on Thursday morning, October 26, 202 more_horizontal

Is Textron (TXT) a Great Value Stock Right Now?

By Zacks Investment Research
September 21, 2023

Is Textron (TXT) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal


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