Textron entered into an agreement to purchase Pipistrel, a provider of electrically powered aircraft based in Slovenia and Italy. read more
MAR 21, 2022 - 6:08 am
The Wall Street Journal reported that Bombardier is discussing the sale of its business jet unit to Textron, according to people familiar with the matter. read more
FEB 5, 2020 - 6:30 am
Textron Aviation delivered 58 new Citation jets in Q4/17, flat with last year; 31 King Air turboprops, up from 28 last year and two Beechcraft T-6 trainers, down from eight last year. read more
FEB 2, 2018 - 1:30 pm
According to ConstructionEquipment.com, Caterpillar will enter the utility vehicle market through a collaboration with Textron Specialized Vehicles. read more
OCT 17, 2017 - 6:59 am
Textron Aviation displayed its new super-midsize Cessna Citation Longitude for the first time in Europe at this week’s 2017 European Business Aviation Convention and Exhibition. read more
MAY 22, 2017 - 7:02 am
Textron completed the acquisition of Arctic Cat Inc. by means of a short-form merger under Minnesota law. As a result, Arctic Cat has become an indirect wholly owned subsidiary of Textron. read more
MAR 7, 2017 - 6:18 am
Textron completed the cash tender offer by Aces Acquisition, an indirect wholly owned subsidiary of Textron, for all of the issued and outstanding shares of common stock of Arctic Cat. read more
MAR 6, 2017 - 7:26 am
As part of its acquisition of Arctic Cat, Textron commenced a tender offer for all of the issued and outstanding shares of common stock of the company for $18.50 per share. read more
FEB 3, 2017 - 7:15 am
Textron will acquire Arctic Cat in a cash transaction valued at approximately $247 million, plus the assumption of existing debt. read more
JAN 26, 2017 - 7:19 am
Textron named Arijit Ghosh president and managing director of Textron India. Ghosh previously served at Honeywell Aerospace India. read more
JAN 9, 2017 - 7:03 am
The Financial Post reported that Textron would be willing to buy Bombardier’s Learjet business. read more
AUG 26, 2016 - 7:10 am
Textron reported its Textron Aviation unit delivered 45 Citation Jets and 23 King Airs compared to 36 jets and 30 King Airs in Q2/15. read more
JUL 25, 2016 - 7:13 am
There were 17 U.S. Industrial Affiliate equipment leasing and financing companies in the first Monitor 100, 25 years ago. Only one of those companies remains, and next year it will be gone. Dexter Van Dango takes a look back in time at those legacy companies and recounts the stories of their rise and fall.... read more
Monitor 100 2016
According to Bloomberg, industrial giants like Caterpillar, Textron and Deere are attracting the attention of activist investors. read more
JUN 17, 2016 - 7:01 am
Textron announced that Mitch Snyder has been named president and CEO of Bell Helicopter, succeeding John Garrison, who is joining Terex Corporation as its new president and CEO. read more
OCT 20, 2015 - 7:12 am