Textron News

Rhode Island-based conglomerate Textron Inc. plans to clear out all remaining Series A and Series B preferred stock shares, redeeming them for cash or offering a conversion to common stock.

During one scary 10-day run in January, business at Oberdorfer LLC , a 134-year-old foundry in DeWitt, just stopped.

Locally based aerospace services company Lone Star Aero was recently named a Lycoming Authorized Service Center.

As the Obama administration continues to evaluate its next move in the Afghanistan war -- easily the most contentious and most fraught of its foreign-policy challenges -- a handful of defense contractors, many of them as contentious as war itself, have been vending to, and outsourcing for, the U.S. military for years.

Throughout 2009, United Technologies Corp Chief Executive Louis Chenevert's mantra was that the diversified U.S. manufacturer was a "willing buyer" with a $2 billion takeover budget and that all it needed was to find a "willing seller." Its deal last week to buy General Electric Co's security business for $1.82 billion answered the question of what ...

Carter Aviation Technologies LLC of Wichita Falls, TX is announcing that they have completed negotiations with AAI Corporation, an operating unit of Textron Systems, a Textron Inc.

The Carter Copter folks have been developing their unique rotary aircraft technology for years, powering through setbacks and making slow progress, and this week they announced their first customer agreement.

U.S. defense contractor Textron Inc. announced the appointment of a new president and chief executive officer of its Textron Systems unit.

United Arab Emirates: 1 hour, 5 minutes ago Trevor Esling, Vice President, International Sales, Cessna Aircraft Company, a Textron Inc.

United Arab Emirates: 40 minutes ago Cessna Aircraft Company, a Textron Inc. company, announced at the Dubai Airshow the delivery of a Citation Sovereign business jet to Arab Wings of Jordan.

Egypt: 39 minutes ago Cessna Aircraft Company, a Textron Inc. company, announced at the Dubai Airshow the delivery of the first of four Citation Mustang business jets to the Egyptian Aviation Academy .

David Gardner called it. Hea TMs up 1,334%! See what Davida TMs recommending that you buy NEXT.

It's the autumn of the market rally , and merger announcements are piling up like fall leaves.

In a speech at the recent Asia Manufacturing Forum 2009 in Beijing, an executive from Textron Inc., parent company of blow molder Kautex Textron GmbH & Co.

AAI Corporation, an operating unit of Textron Systems, a Textron Inc. company, announced today that its United Kingdom based strategic business ESL Defence Ltd.

Many manufacturing innovators are leading today's economic resurgence, including Spirit Aerosystems, Precision Castparts, BE Aerospace and Goodrich.

As the traditional revenue engine of Textron Inc. experiences a stall, sales of military drone planes sold under the company's Wilmington-based aerospace and defense unit are flying high.

Textron Inc. won two categories of the 2009 AIA Worker Safety Award, and DRS Technologies and Raytheon Company also took honors in the fourth annual installment of the awards, which were announced Thursday.

Textron Systems has appointed Robert Sullivan as chief financial officer, following the announcement of current CFO John Condon's retirement.

Textron Systems Corp. said Wednesday that it named Robert Sullivan chief financial officer, effective Jan.