Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Textron Inc.    TXT

TEXTRON INC.

(TXT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Textron : Bell Announces Collaboration Agreement for New Bell 429 Law Enforcement Demonstrator in Germany

share with twitter share with LinkedIn share with facebook
09/24/2020 | 12:39pm EDT

Fort Worth, TX - Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today a collaboration agreement with Elektroniksystem- und Logistik-GmbH (ESG) to install their Mission Management System in a Bell 429 as a law enforcement demonstrator. This new demonstrator will be used to showcase the aircraft's capabilities to the police and military markets in Europe and across the globe.

'With the Bell 429 certified to the latest certification standards in its class, combined with market-leading customer support - it was imperative to team up with a top German technology company such as ESG,' said Duncan Van De Velde, Managing Director, Europe & Russia. 'Bell and ESG are committed to providing the best solution to the parapublic market and will work together to showcase this offering.'

For more than 50 years, ESG has been developing, integrating, and operating complex and security-related electronic and IT systems for the military, public authorities and companies. ESG is a leading international system and software company based in Munich, Germany. It provides development and service processes for software-intensive, complex, high-tech and security-related products.

'We are excited for this collaboration with Bell,' said Daniel Hogemann, Project Manager Mission & New Generation Helicopters, ESG. 'By pairing our Mission Management System with the reliable Bell 429, we believe we can provide the best parapublic solution to the region.'

With over 400 Bell 429s around the globe and 100 located in Europe, the aircraft has been one of the most successful light twin helicopters on the market since its certification in 2009.The Bell 429 is a proven system that is operated by premier law enforcement and for search and rescue missions with customers in Europe and around the world.

For police and military missions, the surveillance system is one of the most important items of equipment on the helicopter. In order to conduct the mission, the customer must have confidence that the system can perform in an emergency situation. ESG's Mission Management System has set the standard for police surveillance missions by providing state-of-the-art integration of mission equipment. Customers will be able to have the option to purchase the ESG system with their new helicopter directly from Bell together as one purchase.

Press Contact:

Grace Dieb

+1 817-280-5384

mediarelations@bellflight.com

(C) 2020 Electronic News Publishing, source ENP Newswire


share with twitter share with LinkedIn share with facebook
All news about TEXTRON INC.
10/29TEXTRON : Management's Discussion and Analysis of Financial Condition and Result..
AQ
10/29TEXTRON : 3Q Earnings Snapshot
AQ
10/29TEXTRON INC : Results of Operations and Financial Condition (form 8-K)
AQ
10/29TEXTRON : Reports Third Quarter 2020 Results
BU
10/28TEXTRON : Declares Quarterly Dividend
BU
10/22TEXTRON : Aviation to expand service offerings to include repair of Citation CJ ..
PU
10/22TEXTRON : Aviation to expand service offerings to include repair of Citation CJ ..
PU
10/22TEXTRON : Bell Delivers Three Bell 407 GXis to Polish National Police
PU
10/19TEXTRON : United States Marines Retire Bell AH-1W After 34 Years of Service
PU
10/19TEXTRON : United States Marines Retire Bell AH-1W After 34 Years of Service
PU
More news
Financials (USD)
Sales 2020 11 541 M - -
Net income 2020 285 M - -
Net Debt 2020 1 784 M - -
P/E ratio 2020 27,7x
Yield 2020 0,23%
Capitalization 7 798 M 7 798 M -
EV / Sales 2020 0,83x
EV / Sales 2021 0,74x
Nbr of Employees 30 550
Free-Float 99,4%
Chart TEXTRON INC.
Duration : Period :
Textron Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TEXTRON INC.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 40,17 $
Last Close Price 34,07 $
Spread / Highest target 32,1%
Spread / Average Target 17,9%
Spread / Lowest Target 2,73%
EPS Revisions
Managers
NameTitle
Scott C. Donnelly Chairman, President & Chief Executive Officer
Frank T. Connor Chief Financial Officer & Executive Vice President
Kimberly A. Mackenroth Chief Information Officer & Vice President
Kathleen M. Bader Lead Independent Director
Paul Ernest Gagnť Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TEXTRON INC.-28.05%7 769
THE BOEING COMPANY-54.52%83 714
AIRBUS SE-52.87%56 162
DASSAULT AVIATION-40.09%6 797
AVIC ELECTROMECHANICAL SYSTEMS CO.,LTD.52.31%6 258
AVICOPTER PLC4.95%4 348