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TEXTRON INC.

(TXT)
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Delayed Nyse  -  04:04 2022-10-07 pm EDT
61.30 USD   -2.12%
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Two Bell 505s Join Florida Fish and Wildlife Conservation Commission's Aviation Unit; Aircraft will expand conservation law enforcement capabilities

07/29/2022 | 11:23am EDT

Fort Worth, TX - Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced today the signed purchase agreement for two Bell 505 aircraft to Florida Fish and Wildlife Conservation Commission (FWC). The two Bell 505 will aid in multi-mission law enforcement operations for FWC's Division of Law Enforcement.

'The Bell 505 is a proven platform for public safety agencies around the world,' said Lane Evans, managing director, North America. 'The Bell 505 advances an agency's ability to readily respond to emergencies on the ground, sky or water. Bell is proud the FWC has selected the Bell 505 as its choice aircraft to advance the vast mission of the agency.'

Headquartered in Tallahassee, FL, and established in 1999, the Florida Fish and Wildlife Conservation Commission manages fish and wildlife resources for their long-term well-being and the benefit of people. The FWC Division of Law Enforcement is responsible for patrol and investigative law enforcement services over more than 8,400 miles of coastline, 13,200 square miles of offshore waters, and more than 34 million acres of land.

The Bell 505 combines the latest avionics and engine control technology with a large open cabin that provides panoramic views for resource management. A fully integrated Garmin G1000H NXi avionics suite and dual channel FADEC controlled Safran Arrius 2R engine provide pilots of all skill levels with maximized situational awareness and workload reduction to fly successfully in a multitude of scenarios. Combined with its cabin versatility and impressive performance, the 505 is relied on for missions ranging from private owners to public safety and training entities around the globe.

Blakeley Thress

Commercial Business, The Americas

mediarelations@bellflight.com

+1 817-280-2968

(C) 2022 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on TEXTRON INC.
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Financials (USD)
Sales 2022 13 102 M - -
Net income 2022 856 M - -
Net Debt 2022 1 538 M - -
P/E ratio 2022 15,9x
Yield 2022 0,14%
Capitalization 13 248 M 13 248 M -
EV / Sales 2022 1,13x
EV / Sales 2023 1,04x
Nbr of Employees 33 000
Free-Float -
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 62,63 $
Average target price 82,17 $
Spread / Average Target 31,2%
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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