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TEXTRON INC.

(TXT)
  Report
Delayed Nyse  -  04:03 2022-12-07 pm EST
72.57 USD   -1.36%
04:49pTextron Inc : Change in Directors or Principal Officers (form 8-K)
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04:40pTextron Elects Thomas A. Kennedy to Board of Directors
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04:03aTextron's Bell Textron Unit Bags $1.36 Billion US Army Contract
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Bell and Cleantech Solar To Develop 1.8 MW Rooftop Solar Photovoltaics System for Bell Singapore Facility

09/23/2022 | 08:47am EST

Singapore - Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced the signing of an agreement with Cleantech Solar, a leading provider of renewable energy solutions in Southeast Asia and India, to develop a 1.8 MWp rooftop solar photovoltaics (PV) system at the Bell facility in Singapore.

Cleantech Solar will operate the solar PV system under a long-term Power Purchase Agreement (PPA). Scheduled to be commissioned in Q1 2023, the solar PV system will replace a portion of Bell's electricity consumption with clean energy generated at Bell's Singapore facility.

During its lifetime, Bell's solar PV system is expected to generate close to 40 GWh of clean energy, which will amount to a reduction of over 16 kilotons of CO2 emissions. In addition, Cleantech Solar will also install two charging stations to support Bell Singapore employees who drive electric vehicles.

'At Bell, reducing the amount of energy we use at our facilities forms a key part of our sustainable future and ambitions,' said Mark Loh, general manager, Bell Asia. 'Today's agreement with Cleantech Solar allows Bell Asia to contribute positively to Bell and Textron's sustainability goals and to the Singapore government's Green Plan 2030.'

In 2020, as part of its Achieve 2025 initiative, Textron established a set of five-year sustainability goals, including a 20% reduction in greenhouse emissions, a reduction in energy and water use intensity by 10%, and a reduction of waste generation by 10%.

Contact:

Tel: +65 6690-9741

Email: ytan@bellflight.com

(C) 2022 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2022 12 879 M - -
Net income 2022 863 M - -
Net Debt 2022 1 535 M - -
P/E ratio 2022 18,1x
Yield 2022 0,11%
Capitalization 15 151 M 15 151 M -
EV / Sales 2022 1,30x
EV / Sales 2023 1,19x
Nbr of Employees 33 000
Free-Float -
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Technical analysis trends TEXTRON INC.
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 72,57 $
Average target price 80,16 $
Spread / Average Target 10,5%
EPS Revisions
Managers and Directors
Scott C. Donnelly Chief Operating Officer & Executive Vice President
Frank T. Connor Chief Financial Officer & Executive Vice President
Kimberly A. Mackenroth Chief Information Officer & Vice President
E. Robert Lupone Secretary, Chief Compliance Officer & Executive VP
Kathleen M. Bader Independent Director
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