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Textron Reports Lower Income Despite Flat Sales In Opening Quarter

Defense Daily, 2014

COPYRIGHT 2014 Access Intelligence, LLC ;COPYRIGHT 2014 Access Intelligence, LLC ;Copyright (c) 2014 Copyright (c) 2014 Access Intelligence, LLC. All rights reserved. Reproduction in whole or in part in any form or medium without expressed written permission of Access Intelligence, LLC is prohibited. Access Intelligence, LLC, 4 Choke Cherry Road, 2nd Floor, Rockville, MD 20850, U.S.A. Phone: 301/354-2101 or 888/707-5812. Fax: 301/309-3847. E-mail: clientservices@accessintel.com. ;ISSN: 0889-0404 ;EISSN: 1930-644X

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  • Title:
    Textron Reports Lower Income Despite Flat Sales In Opening Quarter
  • Author: 13
  • Subjects: Aerospace industry ; Aircraft industry ; Company earnings/profit ; Company sales and earnings ; Weapons industry
  • Is Part Of: Defense Daily, 2014
  • Description: Bell-Boeing V-22. Textron said eight were delivered in the quarter versus nine a year ago. [caption] Bell was the company's only segment posting lower operating profits, down $33 million to $96 million on lower sales of V-22 tilt-rotors, H-1 helicopters, and commercial helicopters. Textron said acquisition related expenses for Beechcraft lopped $11 million from earnings while restructuring costs around the deal chopped another $5 million.
  • Publisher: Potomac: Access Intelligence, LLC
  • Language: English
  • Identifier: ISSN: 0889-0404
    EISSN: 1930-644X
  • Source: ProQuest Central

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