|Bid||50.14 x 100|
|Ask||54.52 x 600|
|Day's range||53.07 - 53.60|
|52-week range||37.19 - 55.80|
|PE ratio (TTM)||16.31|
|Earnings date||19 Oct 2017|
|Dividend & yield||0.08 (0.15%)|
|1y target est||55.23|
Textron (TXT) follows a systematic inorganic growth strategy to expand its operations. Yet we remain on the sidelines considering the weak performance delivered by its aviation business.
While that potentially could benefit the entire industry, the plane maker that offers the most promise to investors appears to be General Dynamics, whose Gulfstream models are among the most popular corporate jets. In August, U.S. takeoffs and landings by business jets increased 5.7% year over year, the biggest rise since September 2014, according to the Federal Aviation Administration. “The strong August could set up the next couple of months for solid growth, and we now see 2017 utilization up close to 3.5%,” analyst Myles Walton of Deutsche Bank Markets Research wrote recently.
Key Pentagon positions remain unfilled in the Trump administration, and the situation is causing outright frustration for defense contractors.
The fight against ISIS has become a learning opportunity for the U.S. military as it looks to a future of a new kind of opponent.
Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has been selected by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, as the supplier for the main wheels, main brakes, and nosewheel on the new Cessna Denali single engine turboprop aircraft.
PROVIDENCE, R.I.--(BUSINESSWIRE)-- Bell Helicopter , Textron Aviation Inc. , Textron Aviation Defense LLC , Textron Systems , TRU Simulation + Training and Textron Airborne Solutions , all businesses of ...
Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced during the 2017 European Business Aviation Convention and Exhibition (EBACE) its first order from a European customer for the super-midsize Cessna Citation Longitude. Travel Service, the largest Czech Republic-based airline, will add the Longitude to its fleet of four Cessna Citation Sovereign aircraft used for business jet charter services.
The decision on who will build the Air Force's next-generation jet trainer is expected later this year but pressure may have eased on Boeing to win.