Welcome to our dedicated page for Textron news (Ticker: TXT), a resource for investors and traders seeking the latest updates and insights on Textron stock.
Textron Inc. (NYSE: TXT) generates a steady flow of news across its aircraft, defense, industrial and finance businesses, with many announcements centered on Textron Aviation’s Cessna and Beechcraft product lines. Recent updates highlight new aircraft entering service, customer deliveries, special mission contracts and corporate developments that matter to investors, operators and aviation professionals following TXT stock.
Textron Aviation news often focuses on product milestones and certifications. Examples include the Cessna Citation M2 Gen2 and Citation CJ3 Gen2 entering service with Garmin autothrottles, and the Citation Ascend’s first customer delivery following FAA type certification. These stories describe cockpit upgrades, cabin features and performance characteristics that shape the appeal of Textron’s business jets.
Another key news theme is fleet and customer expansion. Announcements have covered the first Cessna SkyCourier delivered into Mexico to expand a cargo operator’s air freight capabilities, additional Cessna piston aircraft ordered by Civil Air Patrol to support lifesaving and community missions, and contracts such as the Beechcraft T‑6JP Texan II integrated training system for Japan’s Air Self‑Defense Force.
Textron also issues corporate and financial news, including schedules for quarterly earnings releases and conference calls, changes in segment reporting such as the realignment of Textron eAviation, and leadership transitions in segments like Textron Specialized Vehicles and Bell. Readers tracking TXT can use this page to follow how new aircraft programs, defense contracts, special missions initiatives and governance updates develop over time.
Bookmark this page for an organized view of Textron and Textron Aviation press releases, aircraft program updates, customer deliveries, military training contracts and financial disclosure news related to TXT.
Textron Inc. (NYSE: TXT) has announced the release date for its third quarter 2024 financial results. The company will unveil its results on Thursday, October 24, 2024, in the morning. Following the release, Textron will host a conference call at 8:00 a.m. (Eastern) to discuss the results and provide insights into the company's outlook.
Interested parties can access the call via webcast on Textron's website or through direct dial numbers provided for both U.S. and international participants. For those unable to join live, a recorded version of the call will be available for playback starting at 11:00 a.m. (Eastern) on the same day.
Textron Systems , a Textron Inc. (NYSE:TXT) company, and Kodiak Robotics, Inc. have integrated Kodiak's self-driving system into Textron's RIPSAW® M3 vehicle. This collaboration aims to explore opportunities with the U.S. Department of Defense and allied militaries to accelerate automation in military ground vehicles. The Kodiak Driver-equipped RIPSAW M3 is designed for complex, high-risk military missions while keeping personnel safe.
Key features include:
- 360-degree visibility with modular DefensePods
- Full off-road autonomy capabilities
- Assisted Autonomy technology for remote control
- Adaptability to various terrain types
This integration demonstrates the versatility of Kodiak's autonomous system and the potential of dual-use technology in defense markets.
Textron Aviation has announced that Cessna Citation XLS+ and Citation XLS Gen2 aircraft owners can now upgrade to the Garmin G5000 integrated flight deck at selected domestic Textron Aviation Service Centers. This follows Garmin's receipt of FAA supplemental type certification (STC) for the avionics upgrade.
The G5000 system offers advanced features including three landscape-oriented flight displays with split-screen capability, Synthetic Vision Technology (SVT), and ADS-B Out compliance. It enhances situational awareness and allows for future expansion through software updates.
Kim Leonard, a longtime Cessna Citation pilot with 21,000 flight hours, will be the first to install the G5000 avionics in his Citation XLS+ at Textron Aviation's Wichita Service Center.
Garmin (NYSE: GRMN) has received certification for its G5000 integrated flight deck for Cessna Citation XLS+ and XLS Gen2 aircraft, expanding its successful upgrade program. The G5000 suite modernizes the cockpit, reduces operational costs, and enhances situational awareness. Key features include:
- Three landscape-oriented flight displays with split-screen capability
- Two intuitive touchscreen controllers
- Fully digital Automatic Flight Control System (AFCS)
- Emergency Descent Mode (EDM) and Underspeed protection (USP)
- PBN/RNP 0.3 certification for improved approach capabilities
- Enhanced Synthetic Vision Technology (SVT) with 3D airport views
- ADS-B In/Out compliance with new safety features
- GWX 8000 StormOptix weather radar
- Connectivity options including PlaneSync and Connext global datalink services
Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, has received FAA approval for its new Safety Management System (SMS) implementation plan for the design and manufacturing of Cessna and Beechcraft aircraft. This builds on their existing FAA-approved SMS program for maintenance and support. The new SMS includes a voluntary reporting tool for employees, customers, and suppliers to anonymously report aircraft quality risks or hazards. An SMS Committee evaluates these reports, investigates causes, and plans responses, ensuring continuous improvement in safety and quality standards. This approval underscores Textron Aviation's commitment to maintaining high product quality standards across all operations.
TRU Simulation + Training Inc., a Textron Inc. (NYSE:TXT) company, has delivered a Beechcraft T-6C Texan II Operational Flight Trainer (OFT) to the Tunisian Air Force. This marks the first device of its kind in the region, supporting flight training at Sfax Air Base in Tunisia. The delivery includes a Computer Based Training Lab, two Avionics Desktop Trainings, and field services.
The OFT features a realistic cockpit, a 70° vertical by 270° horizontal field of view visual system, and a dynamic seat. It will be used to train pilots and maintenance professionals following the delivery of eight Beechcraft T-6C Texan II aircraft to the Tunisian Air Force.
Textron Aviation announced that the Cessna SkyCourier twin utility turboprop has received type certification from the Civil Aviation Authority of the Philippines (CAAP). This certification expands the aircraft's operational capabilities in remote areas of Southeast Asia. The first SkyCourier in the region, a 19-seat passenger variant, is scheduled for delivery in the second half of 2025 to Leading Edge Air Services (LEASCOR), a subsidiary of ACDI Multipurpose Cooperative in the Philippines.
The SkyCourier, designed for single-pilot operation, offers maximum cabin flexibility and low operating costs, making it suitable for air freight, passenger, and special mission needs. ACDI Multipurpose Cooperative, serving members of the Armed Forces of the Philippines, plans to use the aircraft to connect underserved communities and support various business lines including tourism, agriculture, and aviation.
Textron Aviation has delivered the 400th Cessna Citation Latitude business jet to Simmons Foods, marking a significant milestone for the aircraft. The Citation Latitude has been the world's most-delivered midsize business jet for eight consecutive years, known for its reliability, versatility, and 2,700-nautical mile range. With a flat floor cabin accommodating nine passengers, it can fly nonstop between destinations like New York and Los Angeles.
Simmons Foods, a longtime Citation customer, will add this jet to its existing fleet of three Citation jets, enhancing the efficiency of its business travel across multiple locations. The Latitude's popularity spans various operations, including corporate use, charter, personal travel, and specialized missions like air ambulance and aerial survey.
TRU Simulation has announced the FAA Level D certification and delivery of a Cessna Citation Longitude Full Flight Simulator (FFS) to FlightSafety International's Columbus, Ohio Learning Center. This simulator, the second of its kind at the facility, will support training for Textron Aviation's flagship super-midsize jet. It marks the third Longitude FFS built under the joint venture between TRU Simulation and FlightSafety International, which was formed in 2019 to enhance global training capabilities.
Jerry Messaris, VP and GM of TRU Simulation, emphasized the company's commitment to providing cutting-edge training tools that ensure safe and realistic experiences for pilots. The collaboration aims to expand access to high-quality aviation training worldwide, leveraging TRU's state-of-the-art technology.
Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced that the U.S. Army has approved the Milestone B decision for the Future Long Range Assault Aircraft (FLRAA), marking the beginning of the weapon system's Program of Record. This milestone follows the FLRAA contract award in December 2022 and allows the program to enter the Engineering and Manufacturing Development (EMD) phase.
The FLRAA team will focus on design maturation and prototyping, aiming to deliver a transformational aircraft that will fly twice as far and twice as fast as the current fleet. Bell has established new state-of-the-art facilities and innovative manufacturing processes to support the program's execution, utilizing mature tiltrotor technology coupled with digital engineering and open architecture approaches.