$75.930
+0.790 (+1.04%)At close
TXT News
TXT Events
Textron Aviation Delivers First Cessna SkyCourier to Paraguayan Air Force
Textron Aviation, a Textron company, announced the Paraguayan Air Force has become the first South American military operator of the Cessna SkyCourier turboprop. Funded by Itaipu Binacional, the aircraft joins the force's existing fleet of Cessna Grand Caravan aircraft. The Cessna SkyCourier purchase will help the Paraguayan Air Force deliver critical relief services to communities across the country. The SkyCourier will enhance the Air Force's capability to perform medical evacuations, transport patients and provide rapid humanitarian aid during disaster relief efforts.
Textron Aviation and Merlin Introduce New Cessna SkyCourier UX Aircraft
Textron Aviation, a Textron company, and Merlin introduced a concept Cessna SkyCourier UX aircraft that combines Textron Aviation's proven Cessna SkyCourier platform with Merlin's aircraft-agnostic software solution for autonomous aviation. Revealed at the Air, Space & Cyber Conference, the concept explores a "new cost-efficient and scalable approach to addressing logistical challenges with supplying forces dispersed across contested operational environments when traditional supply routes are constrained, vulnerable or otherwise unavailable," the company said.
Textron Appoints Brian Rohloff as CEO of Aviation Segment
Textron announced the appointment of Brian Rohloff as president and CEO of its Textron Aviation segment, effective August 31. Rohloff succeeds Ron Draper, who announced his retirement after more than 27 years with Textron, including the past eight years leading Textron Aviation. Rohloff has held leadership positions at Textron Aviation spanning customer support, sales, supply chain and quality throughout his career, providing a broad perspective across the business. Most recently, he served as senior vice president, Customer Support, where he led Textron Aviation's global customer support operations.
Company FY26 Funding Outlook Impacts Adjusted EPS
The company's current full year outlook assumes receipt of additional FY26 funding on the MV-75 Cheyenne program through an Above Threshold Reprogramming request. Absent the receipt of any additional funding and inclusive of other outlook assumptions, adjusted EPS could be negatively impacted by 20c-30c.
Textron Reports Q2 Revenue of $3.8B, Slightly Below Consensus
Reports Q2 revenue $3.8B, consensus $3.81B. "Q2 continued a strong start to the year for Textron with revenue growth in each of our manufacturing segments contributing to higher revenues of $500M through the first half of the year," said CEO Lisa Atherton. "Bell continued to advance the MV-75 Cheyenne with the successful production of key long-lead parts and components. At Textron Aviation, healthy demand drove strong order activity and the Ascend continued to scale with the delivery of the first five aircraft to NetJets."
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