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July 8, 2014
06:26 EDTTXTTextron Q2 results may be weak, says Jefferies
Jefferies says it is cautious heading into Textron's Q2 results as it thinks deliveries may be weak at Cessna. The firm's Q2 earnings estimate of 43c is below the consensus of 48c. The firm believes the results may present a buying opportunity as it does not see risk to its full year estimates. Jefferies keeps a Buy rating on Textron with a $46 price target.
News For TXT From The Last 14 Days
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October 5, 2015
14:43 EDTTXTTextron Systems awarded $17.4M contract from U.S. Army
Textron Systems Marine & Land Systems, a Textron business, announced it has been awarded a $17.4M Interim Contractor Training Support contract from the United States Army Tank-Automotive and Armaments Command to provide next-level training to the Afghan National Army for its four-wheeled Mobile Strike Force Vehicles. The contract has a 12 month period of performance. 621 MSFVs, based on Textron Systems' COMMANDO Select armored vehicle line, have been delivered to the Afghan National Army since 2012, with over 550 of these vehicles actively engaged in security operations in strategic locations across the country. The ICTS contract calls for the Textron Systems in-country team to provide on-the-job training and mentorship, enabling ANA personnel to perform detailed maintenance and repair actions to sustain its MSFV inventory. In addition to OJT vehicle repair and maintenance training, Textron Systems will continue mentoring and training the ANA on inventory and supply system activities, as well as developing and delivering program instruction manuals.
September 28, 2015
14:18 EDTTXTTextron business awarded $56.2M contract from U.S. Army
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