Textron reported revenue at Textron Aviation of $1.0 billion was up 4%, primarily due to higher price and volume. Textron Aviation delivered 36 jets, up from 35 last year, and 29 commercial turboprops, up from 20 last year. Segment profit was $72 million in the first quarter, up from $36 million a year ago, due to favorable volume and mix, performance and price.
Textron Aviation backlog at the end of the first quarter was $1.6 billion.
Textron also reported its Bell segment revenues were $752 million, up 8% on higher military volume, partially offset by lower commercial revenues due to mix of aircraft sold. Bell delivered 46 commercial helicopters in the quarter, up from 27 last year.
Segment profit of $87 million was up $4 million, primarily due to the higher volume.
Bell backlog at the end of the first quarter was $3.6 billion.
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