Baker McKenzie steers Archer Aviation through Boeing deal
Baker McKenzie advised Archer Aviation on its acquisition of Wisk, SkyGrid, and Insitu from The Boeing Company. This multi-jurisdictional deal, expected to close in Q4 2026, will integrate autonomous flight technologies into Archer's ZEE artificial intelligence platform. The transaction is set to position Archer Aviation as a leader in advanced aviation, defense, and air traffic management, while allowing Boeing to capitalize on past investments.
431,986 Shares in Textron Inc. $TXT Purchased by Mitsubishi UFJ Asset Management Co. Ltd.
Mitsubishi UFJ Asset Management Co. Ltd. recently acquired a new stake of 431,986 shares in Textron Inc. (NYSE:TXT), valued at approximately $39.6 million. This purchase gives the firm a 0.25% ownership of Textron, adding to the substantial 86.03% already held by institutional investors. Textron, an aerospace company, reported strong quarterly earnings, surpassing analyst expectations with $1.62 EPS and $3.83 billion in revenue, and has reaffirmed its fiscal 2026 EPS guidance.
Foster & Motley Inc. Purchases Shares of 16,104 Textron Inc. $TXT
Foster & Motley Inc. has acquired a new position in Textron Inc. (NYSE:TXT) during the second quarter, purchasing 16,104 shares valued at approximately $1,477,000. Other institutional investors also made significant changes to their holdings in Textron. The article provides an overview of Textron's price performance, recent earnings, dividend announcement, and analyst ratings, noting a "Moderate Buy" consensus and an average price target of $102.44.
Textron Inc. (TXT) News, Articles, Events & Latest Updates
This article compiles recent news and updates concerning Textron Inc. (TXT) and related aerospace and defense companies. Key highlights include Textron Aviation's 500th Cessna Citation CJ4 delivery, alongside earnings reports and market analyses for companies like GE Aerospace, Howmet Aerospace, Airbus, Embraer, Honeywell Aerospace, and Kratos Defense. The reports detail financial performance, market trends, and growth prospects within the aerospace and defense sectors.
Textron marks 500th Citation CJ4 delivery with Philippines customer
Textron Aviation has delivered its 500th Cessna Citation CJ4 series business jet, a CJ4 Gen2, to a customer in the Philippines. This milestone precedes the expected FAA certification of the Citation CJ4 Gen3 later this year, which will feature advanced avionics and an extended range. The CJ4 platform is utilized globally for various missions, from business travel to special operations, and is celebrated for setting industry standards in its class.
Pallas Capital Advisors LLC Purchases New Holdings in Textron Inc. $TXT
Pallas Capital Advisors LLC has acquired a new stake of 15,151 shares in Textron Inc. (NYSE:TXT) worth approximately $1.39 million during the second quarter. Other institutional investors have also adjusted their holdings in Textron, which currently has a market capitalization of $15.00 billion and institutional ownership of 86.03%. Analysts have a "Moderate Buy" rating for Textron with a consensus target price of $102.44, and the company recently declared a quarterly dividend of $0.02 per share.
885,467 Shares in Textron Inc. $TXT Bought by Great Lakes Advisors LLC
Great Lakes Advisors LLC recently acquired a significant new stake in Textron Inc. (NYSE:TXT), purchasing 885,467 shares valued at approximately $81.2 million. This acquisition gives Great Lakes Advisors a 0.51% ownership in the aerospace company, contributing to the 86.03% institutional ownership of Textron stock. Analysts maintain a "Moderate Buy" consensus rating for Textron, with an average price target of $102.44, following strong quarterly earnings that exceeded expectations.
Fidelity National Financial Inc. Buys New Shares in Textron Inc. $TXT
Fidelity National Financial Inc. has acquired a new position in Textron Inc. (NYSE:TXT), purchasing 300,000 shares valued at approximately $27.5 million, making Textron its fourth-largest holding. Textron recently surpassed quarterly earnings expectations and raised its fiscal 2026 guidance. Despite opening below analyst price targets, Textron holds a "Moderate Buy" consensus rating, while institutional investors own a significant majority of its stock.
Citizens Financial Group Inc. RI Acquires Shares of 14,332 Textron Inc. $TXT
Citizens Financial Group Inc. RI recently acquired 14,332 shares of Textron Inc. (NYSE:TXT), valued at approximately $1.315 million, during the second quarter. Other institutional investors also adjusted their holdings in Textron, which currently holds a "Moderate Buy" consensus rating from analysts with an average target price of $102.44. The aerospace company reported strong Q2 earnings, beating analyst estimates, and declared a quarterly dividend of $0.02 per share.
Insteel Industries CFO Scot R. Jafroodi Vests 2,017 RSUs, Withholds 526 Shares for Taxes
Insteel Industries CFO Scot R. Jafroodi vested 2,017 restricted stock units on August 14, 2026, and subsequently had 526 shares withheld for tax obligations at $32.62 per share. Following these transactions, Jafroodi's direct ownership in the company stands at 49,731 common shares. The vesting event cleared his RSU balance, as detailed in the SEC Form 4 filing.
Howmet's Defense Aerospace Strength Seems Firm: More Upside Ahead?
Howmet Aerospace Inc. (HWM) is expected to benefit from an expanding defense budget and strong demand in the defense aerospace market, driven by programs like the F-35 and F-15/F-16. The company is also expanding into drone and collaborative combat aircraft markets, and experiencing growth in industrial gas turbines. With a Zacks Rank #1 (Strong Buy), Howmet's stock has surged, and its earnings estimates are rising, indicating potential for further upside.
Textron Aviation Delivers 500th CJ4 Bizjet as Gen3 Nears FAA Certification
Textron Aviation has delivered its 500th Citation CJ4 business jet as the Citation CJ4 Gen3 approaches FAA certification. Flight testing for the Gen3 is ongoing. This milestone highlights the continued success and evolution of the CJ4 series in the business aviation market.
GE Aerospace Rises 19.9% YTD: Is the Rally Still Worth Chasing?
GE Aerospace (GE) has seen its shares rise 19.9% year-to-date, outperforming the S&P 500 and its industry, driven by strong demand in commercial and defense sectors. Despite benefits from increasing engine deliveries and major contract wins, the company faces headwinds such as high operating costs, rising debt, and a premium valuation compared to its industry peers. While current shareholders are advised to hold, new investors should wait for a better entry point due to these concerns.
Textron stock holds steady as aircraft milestone and Q2 beat support outlook
Textron stock is holding steady despite market fluctuations, supported by a strong Q2 earnings beat and the significant milestone of delivering the 500th Cessna Citation CJ4-series business jet. The company reported EPS of $1.62 and revenue of $3.83 billion, both exceeding expectations, and its stock is considered modestly discounted by analysts with a potential upside of 16.8%. The successful aircraft delivery highlights sustained demand and operational momentum in its aviation segment.
Textron Aviation delivers 500th Cessna Citation CJ4
Textron Aviation has announced the delivery of its 500th Cessna Citation CJ4 series business jet, a Citation CJ4 Gen2, to a customer in the Philippines. The company highlighted the model's consistent performance and ongoing investment in innovation, with the next iteration, the CJ4 Gen3, expected to receive FAA certification this year after completing over 880 flight test hours.
Air Force Taps 24 Companies for $920 Million Equipment Contract
The Air Force has awarded a $920 million indefinite-delivery/indefinite-quantity contract to 24 companies, including Lockheed Martin, Booz Allen, and Torch Technologies, for next-generation aerospace and ground equipment. This contract, resulting from a competitive acquisition, aims to modernize support equipment and vehicles, with work expected to be completed by 2036. The article also details numerous other significant defense contracts awarded to various companies by the Army, Navy, and Defense Logistics Agency.
Plato Investment Management Ltd Purchases New Stake in Textron Inc. $TXT
Plato Investment Management Ltd has acquired a new position in Textron Inc. (NYSE:TXT) during the second quarter, purchasing 18,505 shares valued at approximately $1,688,000. This move comes as other institutional investors have also adjusted their stakes in the company, and Textron recently reported strong earnings, exceeding analyst estimates, and declared a quarterly dividend. The company maintains a "Moderate Buy" rating from analysts with an average target price of $102.44.
TXT Looks 12.5% Undervalued on GF Value™ Amid $231.5M Navy Contr
Textron Inc (TXT) has secured a $231.5 million contract from the U.S. Navy for two Ship to Shore Connector Landing Craft Air Cushion (LCAC-100) vessels, strengthening its position as a key defense contractor. GuruFocus's GF Value™ suggests TXT is modestly undervalued by 12.5%, trading at $87.65 against an intrinsic value of $100.17, supported by a strong GF Score™ of 84/100. While institutional gurus show mixed sentiment, with more trimming than adding, and insiders are net sellers, the contract provides long-term revenue visibility and reinforces the stock's attractive valuation and profitability.
Textron Awarded $231.5 Million US Navy Contract Modification
Textron Inc. has been awarded a $231.5 million contract modification by the U.S. Navy. The article briefly mentions this key news item among other recent updates for Textron, including its quarterly dividend declaration and analyst rating adjustments. It also provides a company profile outlining Textron's diverse product and service segments.
Textron Inc. stock outperforms competitors despite losses on the day
Textron Inc. (TXT) saw its stock decline by 1.52% to $87.65 on Monday, despite a general market downturn where both the S&P 500 and Dow Jones Industrial Average also fell. The company's stock closed 13.70% below its 52-week high of $101.57, achieved on February 18th.
Textron Aviation Celebrates 500th Cessna Citation CJ4 Delivery as Gen3 Era Advances
Textron Aviation has announced the delivery of its 500th Cessna Citation CJ4 series business jet, a significant milestone highlighting over a decade of customer confidence in the light jet platform. The company is also advancing towards the future with the upcoming Cessna Citation CJ4 Gen3, which is expected to receive FAA certification this year and has already completed more than 880 flight test hours. The CJ4 Gen3 will feature Garmin G3000 PRIME avionics and Garmin Emergency Autoland, offering enhanced performance, efficiency, and versatility for various missions.
Textron Aviation Celebrates 500th Cessna Citation CJ4 Delivery as Gen3 Era Advances
Textron Aviation announced the delivery of its 500th Cessna Citation CJ4 series business jet, a significant milestone highlighting over a decade of customer trust in the light jet platform. This achievement precedes the anticipated Federal Aviation Administration certification of the new Cessna Citation CJ4 Gen3 later this year, which features advanced Garmin G3000 PRIME avionics and Emergency Autoland. The CJ4 Gen3 aims to continue setting standards in the light jet segment with superior performance, efficiency, and versatility for various missions.
Special Olympics Airlift: A Lasting Legacy at Textron Aviation
The Special Olympics Airlift, a program that began in the mid-1980s, has become an enduring tradition at Textron Aviation. Approximately 130 Beechcraft, Cessna Citation, and Hawker aircraft were utilized to transport participants to the Special Olympics USA Games held in Minnesota's Twin Cities. This initiative highlights Textron Aviation's long-standing commitment to the event.
Textron stock holds in the high $80s as investors digest recent gains
Textron stock is currently trading in the high $80s, with a market value above $15 billion, as investors evaluate recent institutional inflows and valuation metrics following a recent rally. The stock closed at $89.09 on August 14, 2026, within its one-year range of $78.12 to $101.57, and analysts maintain a "Moderate Buy" rating with a blended price target around $102.44. The company's diversified business model, spanning aviation, defense, and industrial products, provides stability, attracting institutional investors who hold 86.03% of the stock.
Focus Partners Advisor Solutions LLC Purchases Shares of 12,010 Textron Inc. $TXT
Focus Partners Advisor Solutions LLC acquired 12,010 shares of Textron Inc. (NYSE:TXT) worth approximately $1.1 million in the second quarter. Textron, an aerospace company, reported strong quarterly results with EPS of $1.62 and revenue of $3.83 billion, reaffirming its fiscal 2026 EPS guidance. Institutional investors hold a significant portion of Textron's stock, and analysts maintain a "Moderate Buy" rating with an average price target of $102.44.
Baxter Bros Inc. Makes New $3.45 Million Investment in Textron Inc. $TXT
Baxter Bros Inc. has invested $3.45 million in Textron Inc. by acquiring 37,608 shares during the second quarter. Textron exceeded quarterly earnings expectations with $1.62 EPS and $3.83 billion in revenue, reaffirming its fiscal 2026 EPS guidance. Analysts maintain a "Moderate Buy" rating with an average price target of $102.44, indicating a positive outlook for the aerospace company.
Jet.AI Inc. (JTAI) grows revenue, pivots to AI data centers and completes spin-off
Jet.AI Inc. (JTAI) reported a revenue increase to $7.0 million in the first half of 2026, up from $5.7 million, largely due to fractional/whole aircraft sales, despite a net loss of $4.96 million. The company is strategically shifting its focus from private aviation to AI data centers and GPU infrastructure, having completed the spin-off of its fractional and jet card business and making significant investments in AI-related ventures. Management expressed substantial doubt about the company's ability to continue as a going concern due to recurring operating losses and the need for additional capital.
Textron Inc. stock outperforms competitors on strong trading day
Textron Inc. (TXT) shares rose 1.09% to $89.00 on a generally negative trading day for the stock market, outperforming the S&P 500 and Dow Jones Industrial Average. Despite the gain, the stock remains 12.38% below its 52-week high.
Bell Expands Aftermarket Offerings in Asia Pacific with New Hydraulic Capabilities at Australian Facility
Bell Textron Inc. has significantly expanded its component, repair, and overhaul (CRO) facility in Brisbane, Australia, to include specialized hydraulic component maintenance and repair services. This marks Bell's first facility in the Asia-Pacific region to offer such services, enhancing its aftermarket support capabilities and reducing operator downtime for Bell aircraft. The expansion involves a larger workshop, enhanced non-destructive testing, and an increased number of qualified technicians, reflecting Bell's long-term commitment to the Australian rotary wing market and the wider APAC region.
Textron Inc (MIL:1TXT) Stock Price, Trades & News
This page provides a detailed overview of Textron Inc. (MIL:1TXT), including its current stock price, financial metrics, business description, and various performance ranks such as financial strength, growth, momentum, liquidity, dividend, and profitability. It also lists upcoming earnings dates and recent press releases, while noting two medium warning signs detected by GuruFocus.
Textron Inc. (TXT) Stock Forecasts
Argus has lowered its target price for Textron Inc. (TXT) to $97.00, citing the company's role as a conglomerate that designs, manufactures, and services various specialty aircraft. The current price of TXT stock is $88.04. The report is part of exclusive content available through Yahoo Finance Silver.
Peraso Shrinks the Hardware Behind Faster Drone Comms
Peraso Inc. has introduced the PRM2145, a new lightweight module designed to enhance drone communications. This module utilizes 60-gigahertz millimeter-wave (mmWave) technology to provide secure, low-latency data transfer while minimizing power consumption and weight. The technology aims to improve command-and-control links, support high-definition video, and bolster drone-to-drone communication resilience against electronic warfare.
Textron Inc. (TXT) Stock forecasts
Argus has lowered its target price for Textron Inc. (TXT) to $97.00. Textron is described as a conglomerate involved in the design, manufacture, and servicing of specialty aircraft. The current price of TXT stock is $87.27.
Boeing’s chief says the company needs a couple more years to fix its finances before a new jet
Boeing CEO Kelly Ortberg has stated the company needs a few more years to stabilize its finances and production before launching an all-new commercial jet program. This decision prioritizes safer production, dependable deliveries, and the retirement of older jets over immediate innovation. Boeing aims to clear financial hurdles, mature technology, and ensure sufficient market demand before committing to a successor for the 737 MAX, while Airbus is already planning its next-generation single-aisle aircraft for around 2030.
Archer Aviation to acquire eVTOL company Wisk Aero from Boeing
Archer Aviation is set to acquire Wisk Aero, Insitu, and Skygrid from Boeing. In return, Boeing will receive a nearly 20% stake in Archer's Class A shares and plans to invest up to $55 million in Archer's next funding round. This deal allows Boeing to focus on its core manufacturing while Archer expands its portfolio beyond air taxis into defense applications, including autonomous aircraft.
Patented: Textron’s Modular Tandem Tiltrotor and 176 More Inventions Across North Texas
Textron Innovations Inc. secured a patent for a modular tandem tiltrotor aircraft that positions rotors at the front and back of the fuselage, aiming for improved structural efficiency and reduced drag. This invention is one of 177 patents granted in North Texas for the week of July 14, highlighting the region's strong patent activity, ranking No. 8 nationally. Other notable patents include those from Texas Instruments, Traxxas, WildStar LLC, Advanced Neuromodulation Systems, and Accresa Health.
Earnings call transcript: Applied Aerospace & Defense posts record Q2 2026 sales
Applied Aerospace & Defense reported record Q2 2026 revenue of $167.3 million and adjusted EBITDA of $36.4 million, marking its first earnings call as a public company. Despite a stock slip in premarket trading, the company highlighted strong demand across all end markets, a growing backlog exceeding $1.1 billion, and unchanged full-year guidance predicting a stronger second half. The net loss of $154 million was attributed to IPO-related share-based compensation and one-time costs.
Howmet Aerospace (NYSE: HWM) Surges Past Q2 Estimates With 46% Earnings Growth And Raised Full-Year Outlook
Howmet Aerospace (NYSE: HWM) exceeded Q2 2026 earnings and revenue estimates, driven by strong performance in commercial and defense aerospace. The company raised its full-year outlook for revenue, adjusted EBITDA, and EPS, and demonstrated commitment to shareholder returns through dividends and share repurchases. Despite a high valuation, robust demand and positive analyst revisions position Howmet as an attractive investment.
Earnings call transcript: Astronics tops Q2 2026 estimates and lifts outlook
Astronics Corp. reported better-than-expected Q2 2026 results, with adjusted EPS of $0.70 and revenue of $259.95 million, surpassing Wall Street estimates. The aerospace and defense supplier also raised its full-year revenue outlook above $1 billion for the first time, leading to a 12.8% stock increase in after-hours trading. The company highlighted record bookings, improved margins, and strong performance across its key markets, including commercial and military aviation.
Textron Inc. stock outperforms competitors despite losses on the day
Textron Inc. (TXT) saw its stock fall by 1.11% to $88.21, marking its second consecutive day of losses. Despite this decline, the stock still outperformed the broader market, as the S&P 500 Index (SPX) dropped 0.32% and the Dow Jones Industrial Average (DJIA) fell 0.34% during the same trading session.
PowerPro Equipment Named Jacobsen Dealer for the Mid-Atlantic Region
Textron Specialized Vehicles Inc. has appointed PowerPro Equipment as its newest authorized dealer for Jacobsen professional turf equipment in the Mid-Atlantic region. PowerPro Equipment will offer sales, service, and support for Jacobsen and Ransomes turf equipment across several states and will enhance Jacobsen's presence and equipment availability in the area. This partnership aims to provide turf managers with better access to Jacobsen's innovative equipment and uphold a commitment to reliable service.
Is Howmet Aerospace Stock a Buy After Q2 Earnings Beat & Raised Outlook?
Howmet Aerospace (HWM) reported better-than-expected Q2 2026 results, surpassing earnings and revenue estimates, driven by strong performance in its commercial and defense aerospace markets. The company raised its full-year 2026 financial outlook, indicating continued growth. Despite a high valuation compared to peers, HWM is considered a "Buy" due to positive analyst sentiment, robust growth prospects, and shareholder-friendly policies.
Joby to buy Resonant Sciences, establish defense business in $500 million deal
Joby Aviation is acquiring Resonant Sciences for $500 million, comprising $450 million in cash and $50 million in Joby stock. This acquisition will establish Resonant Sciences as Joby's dedicated defense business, focusing on autonomous technology and hybrid-electric aircraft for military applications. The deal, expected to close in the first half of 2027, aims to leverage Resonant's expertise in RF and mission systems with Joby's propulsion technology to pursue Pentagon contracts.
Archer to Acquire Boeing’s Wisk Aero, Insitu and SkyGrid in Major Autonomous Aviation Expansion
Archer Aviation has announced definitive agreements to acquire Boeing subsidiaries Wisk Aero, Insitu, and SkyGrid. This strategic acquisition aims to expand Archer's autonomous aviation capabilities by integrating Wisk's eVTOL and autonomous flight technologies, Insitu's uncrewed aircraft systems, and SkyGrid's air traffic management system into Archer's ZEE artificial intelligence platform. The deal, expected to close by the end of 2026, also includes a technology-sharing agreement with Boeing, allowing Boeing to retain access to Wisk's core autonomous flight technology while focusing on its core businesses.
Bank of America Corp DE Trims Stock Holdings in Textron Inc. $TXT
Bank of America Corp DE reduced its stake in Textron Inc. (NYSE:TXT) by 12.1% in the first quarter, selling 94,601 shares and now owning 687,672 shares valued at $60.21 million. Despite this, other institutional investors have either increased their positions or acquired new stakes in the aerospace company. Textron recently reported strong quarterly earnings, beating analyst estimates with $1.62 EPS and showing a 3.0% revenue increase year-over-year, and analysts anticipate 6.5 EPS for the current fiscal year.
Byrna Technologies Inc. (BYRN) Options Chain
This article provides the options chain for Byrna Technologies Inc. (BYRN), including call and put options data delayed by 15 minutes. It lists contract names, last trade dates, strike prices, last prices, bids, asks, changes, volume, open interest, and implied volatility for various strike prices maturing on March 19, 2027. The page also shows current stock performance and related tickers.
Boeing spinoff to focus on autonomous flight
Boeing has finalized agreements for Archer Aviation to acquire its Wisk Aero, SkyGrid, and Insitu subsidiaries, forming an end-to-end physical AI platform for aerospace and defense. This strategic move allows Boeing to maintain a stake in Archer while focusing on its core businesses. The deal combines decades of expertise in autonomous flight, eVTOL aircraft, and unmanned systems, aiming to bring innovative solutions to the market.
Textron Aviation files plans for $24.5M in renovations to Wichita campuses
Textron Aviation is investing $24.5 million in renovations across its Wichita manufacturing campuses, including a $16 million corridor reconstruction project. The company, which employs 11,000 workers locally, is undertaking these upgrades as part of its ongoing commitment to its facilities.
Contravisory Investment Management Inc. Takes Position in Textron Inc. $TXT
Contravisory Investment Management Inc. has acquired a new position in Textron Inc. (NYSE:TXT) by purchasing 12,511 shares valued at approximately $1.15 million. This move is part of broader institutional interest, with other major firms also adjusting their holdings in Textron. The company recently reported strong quarterly earnings, beating analyst estimates, and has set a positive EPS guidance for fiscal year 2026.
Huntington Ingalls Industries, (HII) Stock Forecasts
An Argus report from August 5, 2026, has raised the target price for Huntington Ingalls Industries (HII) stock to $307.00. The report identifies HII as the largest independent military shipbuilder in the US, having been spun out from Northrop Grumman in 2011. The current price for HII is listed at $324.48.
