Textron, Inc.

NYSE: TXT
$35.27
+$0.59 (+1.7%)
Closing price September 25, 2020
While the run in defense and aerospace stocks was good for shareholders, many on Wall Street are starting to take a more cautious view on the sector in 2017.
The U.S. Air Force released its final request for proposal on Friday for a fleet of some 350 new training jets. A winner is expected to be named sometime in 2017.
Boeing has held its first test flight of its proposed new T-X training jet for the U.S. Air Force. The most remarkable thing about the flight is that it occurred just one year after Boeing certified...
The just announced delay will end up adding two years to the time it will take the new training jet to reach full operational capability.
Wednesday’s top analyst upgrades, downgrades and initiations include ARM Holdings, AT&T, Hasbro, Lending Club, PNC Financial Services, Vodafone and Walt Disney.
All these defense stocks are expected to report a good quarter, and all make very good sense in growth portfolios with a degree of risk tolerance.
The Air Force needs to come up with a fleet of 350 new trainers at a time when the U.S. defense budget is under pressure both from lower appropriations and sequestration.
Friday's top analyst upgrades, downgrades and initiations include Cameron International, Dollar General, Genworth Financial, Groupon, SunPower, Visa and Yahoo.
These are the top analyst upgrades and downgrades featured by 24/7 Wall St. for Tuesday, October 21, 2014.
Here are five stocks that Jefferies highlights in its research report that have catalysts that could be important this week.
These are the top analyst upgrades, downgrades and initiations covered by 24/7 Wall St. on Friday, September 26, 2014.
Source: Airbus Group NVAircraft maker Airbus’s helicopter division announced on Monday that it had sold 123 general aviation helicopters to three Chinese customers. The orders from Fujian,...
Source: ThinkstockThe Department of Defense awarded 17 defense contracts with a total value of $554.6 million in its Thursday evening announcement of contract awards.Textron (NYSE: TXT) took home...
Source: ThinkstockEmerging from the Memorial Day weekend, the staff at the Department of Defense got back to work yesterday, awarding nine defense contracts in its Tuesday evening announcement of...
Source: Photo: Saab Last year, America’s biggest defense contractor, Boeing (NYSE: BA), suffered a terrible blow. Down (way) south of the border in Brazil, the government suddenly accelerated...