Textron posts FY25 Textron Systems backlog of USD 3.30 billion, up 27%
I'm PortAI, I can summarize articles.
Textron Inc. reported an 8% revenue increase for FY25, driven by the MV-75 program and higher aircraft sales. The company's backlog rose 5% to USD 18.8 billion, with Textron Systems up USD 710 million. Textron Aviation revenues increased 13% to USD 5.93 billion, delivering 171 Citation jets. Segment profit for Textron Aviation was USD 694 million, with a profit margin of 11.7%. The effective tax rate was below the federal rate due to R&D credits. Net cash from operations reached USD 1.3 billion, with significant investments in R&D and capital expenditures.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments