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MarketScreener Homepage  >  Equities  >  Nyse  >  Textron Inc.    TXT

TEXTRON INC.

(TXT)
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Textron : Bell Presents the Turkish National Police with the Outstanding Operational Readiness Award

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09/18/2020 | 01:05pm EDT

Operational readiness of the Turkish National Police's Bell 429 fleet is above 95 percent.

Fort Worth, TX (Sept. 18, 2020) Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced the Turkish National Police were presented an award for 'Outstanding Operational Readiness.' The force operates 14 Bell 429s for its safety and security missions. The fleet's operational readiness is above 95 percent.

'It is an honor to award the Turkish National Police this plaque for outstanding operational readiness,' said Clay Bridges, Regional Manager, Bell. 'The Turkish Police are incredible professionals and the Bell 429 is an exceptional aircraft that will continue to support the country's public safety and security efforts.'

'Operating the Bell 429 has been essential in completing our missions to the best of our ability,' said Branch Director of Aviation Maintenance, Pilot Chief Inspector, Nihat Şirin, Turkish National Police. 'Bell provides a highly customizable aircraft that meets our critical mission needs.'

'The Bell 429 provides advanced technology that enables our police force to serve and protect our country more safely and efficiently,' said Nihat Sirin, Branch Director of Aviation Maintenance, Pilot Chief Inspector, Turkish National Police Department.

The Bell 429 is known for its exceptional speed, performance, range, and low life cycle cost. The aircraft's readiness makes it ideal for a variety of missions such as law enforcement, parapublic, oil and gas, and corporate transport.


For more information, visit the Bell website.

Press Contact:

Grace Dieb
+1 817-280-5384
mediarelations@bellflight.com

###

ABOUT BELL

Thinking above and beyond is what we do. For more than 80 years, we've been reimagining the experience of flight - and where it can take us. We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA's first lunar mission and brought advanced tiltrotor systems to market. Today, we're defining the future of on-demand mobility. Headquartered in Fort Worth, Texas - as a wholly-owned subsidiary of Textron Inc., - we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours. Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.


Disclaimer

Textron Inc. published this content on 18 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2020 16:04:06 UTC


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Financials (USD)
Sales 2020 11 524 M - -
Net income 2020 223 M - -
Net Debt 2020 1 851 M - -
P/E ratio 2020 34,9x
Yield 2020 0,23%
Capitalization 8 025 M 8 025 M -
EV / Sales 2020 0,86x
EV / Sales 2021 0,76x
Nbr of Employees 35 000
Free-Float 99,4%
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Mean consensus HOLD
Number of Analysts 12
Average target price 39,58 $
Last Close Price 35,19 $
Spread / Highest target 27,9%
Spread / Average Target 12,5%
Spread / Lowest Target -0,54%
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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 Gagné Lead Independent Director
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