Textron Inc. Issues FY 2010 Guidance; EPS Guidance Below Analysts' Estimates
January 28, 2010 |
| Textron Inc. announced that for fiscal 2010, it expects revenue to be approximately $10.8 billion and earnings per share (EPS) from continuing operations, excluding special charges, are expected to be in the range of $0.30-$0.50, GAAP income from continuing operations to be in the range of $0.24-$0.44. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.77 on revenues of $10.4 billion for the same period. |
Royal Netherlands Air Force Selects AAI Corporation's Advanced Boresight Equipment For Two Helicopter Platforms
January 20, 2010 |
| AAI Corporation, an operating unit of Textron Systems, a Textron Inc. announced that the Royal Netherlands Air Force has selected its Advanced Boresight Equipment (ABE) for aircraft harmonization on the AH-64D Apache Longbow® and CH-47F Chinook helicopters. |
Textron Inc.'s AAI Corporation Receives $39 Million Award For Additional Shadow Systems
January 4, 2010 |
| AAI Corporation, an operating unit of Textron Systems, a Textron Inc. announced that it has received a $39 million production order for additional Shadow Tactical Unmanned Aircraft Systems (TUAS). The order includes two additional units for the U.S. Army and one for the Marine Corps. Including this new order, a total of 116 Shadow TUAS have been ordered by the Army, Army National Guard, Army Special Forces and Marine Corps. To date, AAI has delivered 91 Shadow systems and deliveries now extend through March 2011. |
Textron Inc. Reaffirms FY 2009 EPS Guidance; Issues FY 2009 Revenue Guidance Above Analysts' Estimates
October 27, 2009 |
| Textron Inc. revised its fiscal 2009 guidance and expects earnings per share (EPS) from continuing operations excluding special charges will be in the upper end of its guidance range of $0.33 to $0.63 per share on expected revenues of about $10.6 billion. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $0.34 on revenue of $10.4 billion for the same period. |
Textron Inc. Declares Quarterly Dividend
October 21, 2009 |
| The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the Company's Common Stock. The Board of Directors also declared a quarterly dividend of $0.52 per share on Textron`s $2.08 Cumulative Convertible Preferred Stock, Series A, and $0.35 per share on the Company's $1.40 Convertible Preferred Dividend Stock, Series B. All dividends will be paid on January 1, 2010, to holders of record at the close of business on December 11, 2009. |
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