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
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Textron : U.S. CUSTOMS AND BORDER PROTECTION EXPANDS FLEET WITH TWO MORE SPECIAL MISSION BEECHCRAFT KING AIR 350CER

10/15/2020 | 11:43am EST

WICHITA, Kan. - Textron Aviation announced today it was awarded a contract for the 26th and 27th Beechcraft King Air 350CER turboprop aircraft for the U.S. Customs and Border Protection (CBP) Air and Marine Operations (AMO).

The Beechcraft King Air 350CER is designed and manufactured by Textron Aviation Inc. a Textron Inc. (NYSE:TXT) company.

'These two Multi-role Enforcement Aircraft (MEA) aircraft will join a fleet of King Air 350 turboprops used to safeguard the United States as part of the coordinated application of AMO's aviation and maritime law enforcement resources,' said Bob Gibbs, vice president, Special Mission Sales. 'This represents the third and fourth Beechcraft King Air 350CER ordered for AMO in 2020. We are honored to provide these aircraft in support AMO's mission of protecting the United States.'

The agency's aircraft are equipped with a sophisticated array of technology that can be deployed for ground interdiction operations, air-to-air intercept operations and medium-range maritime patrols, including active and passive sensors and an optimized communications suite. The aircraft are operated by skilled crewmembers who employ the mission equipment and coordinate information flow to the ground.

About the King Air 350CER

The Beechcraft King Air 350CER aircraft is an extended range version of the King Air 350i twin-engine turboprop aircraft configured with an optional cargo door, resulting in enhanced mission flexibility. Two Pratt & Whitney Canada PT6A-60A or optional factory installed PT6A-67A turboprop engines with Hartzell four blade propellers power the King Air 350CER aircraft, and a fully integrated Collins Aerospace Pro Line Fusion digital avionics suite provides pilot(s) with state-of-the-art touchscreen controls.

King Air leadership

Nearly 7,600 Beechcraft King Air turboprops have been delivered to customers around the world since 1964, making it the best-selling business turboprop family in the world. The worldwide fleet has surpassed 62 million flight hours in its 56 years, serving roles in all branches of the U.S. military and flying both commercial and special mission roles around the world.

Image: Beechcraft King Air 350CER

About Textron Aviation

We inspire the journey of flight. For more than 90 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable, productive and flexible flight.

For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.com.

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 are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. 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 including, but not limited to, changes in aircraft delivery schedules and cancellations and deferrals of orders.

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about TEXTRON INC.
11/25TEXTRON : Rheinland Air Service Appointed as the First German Dealer for the Bel..
PU
11/25TEXTRON : To sell tru simulation + training canada to cae
AQ
11/25CAE : Textron to sell part of flight simulation unit to Canada's CAE for $40 mil..
RE
11/25TEXTRON : to Sell TRU Simulation + Training Canada to CAE
BU
11/16TEXTRON : Multi-aircraft Cessna Citation business jet delivery announced by Text..
PU
11/13TEXTRON : Beechcraft King Air 360 enters into service with first delivery of the..
PU
11/12TEXTRON : Airborne tactical advantage company (atac) to deliver up to $441 milli..
AQ
11/09TEXTRON INC : Regulation FD Disclosure, Financial Statements and Exhibits (form ..
AQ
11/09Textron says purported $14 bln Xcalibur bid is "fictitious"
RE
11/09TEXTRON : Responds to Purported Tender Offer
BU
More news
Financials (USD)
Sales 2020 11 401 M - -
Net income 2020 289 M - -
Net Debt 2020 1 439 M - -
P/E ratio 2020 37,4x
Yield 2020 0,17%
Capitalization 10 727 M 10 727 M -
EV / Sales 2020 1,07x
EV / Sales 2021 0,94x
Nbr of Employees 32 200
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
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 42,42 $
Last Close Price 46,87 $
Spread / Highest target 17,3%
Spread / Average Target -9,50%
Spread / Lowest Target -21,1%
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 Gagné Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TEXTRON INC.5.83%10 727
RAYTHEON TECHNOLOGIES CORPORATION-16.33%111 484
L3HARRIS TECHNOLOGIES, INC.-1.46%40 860
MTU AERO ENGINES AG-19.72%12 962
HOWMET AEROSPACE INC.0.00%10 667
HUNTINGTON INGALLS INDUSTRIES, INC.-34.42%6 662