$TXT

Bell Textron (NYSE:TXT) received an order from HALO-Flight for a Bell 407GXi helicopter, the seventh of its kind for the nonprofit air medical provider. The aircraft features advanced flight deck technology and IFR capability, according to the company.

Textron Aviation, a unit of Textron Inc. (TXT), received an order for 21 Cessna aircraft from Civil Air Patrol. The order includes various models and deliveries are expected by 2027. TXT shares rose 0.44% to $77.48 in pre-market trading.

Textron Aviation's Cessna Citation CJ4 Gen3, CJ3 Gen3, and M2 Gen3 jets have completed over 1,220 combined flight test hours. The CJ4 Gen3 leads with nearly 1,100 hours, including hot-weather and electrical system tests. The first CJ4 Gen3 has rolled out, featuring Garmin G3000 PRIME avionics. The CJ3 and M2 Gen3 are in testing phases, with the M2 Gen3 approaching emergency activation tests. According to Textron, the jets are working toward FAA certification with Garmin Emergency Autoland.

Morgan Stanley lowered its price target for Textron from $98 to $86. The stock is currently trading at $75.15, up 1.83% over 5 days and 2.64% year-to-date, but down 13.79% from a previous point.

Textron Aviation received FAA approval for Gogo Galileo HDX satellite connectivity on Cessna Citation Longitude and Latitude jets. The system uses Eutelsat's OneWeb LEO network, offering global high-speed internet with a guaranteed service rate for three years. New aircraft from 2028 will have free installation. The certification provides operators with a factory-supported connectivity option.

Aerospace and defense stocks, including Lockheed Martin, Northrop Grumman, and GE Aerospace, have fallen sharply due to election concerns and high fuel prices. Some investors see this as a buying opportunity, citing long-term growth prospects and geopolitical tensions. The S&P 1500 Aerospace and Defense Index dropped 19% from its August high, but analysts like Eric Clark and Joe Gilbert are increasing positions in the sector.

Argus lowered its target price for Textron Inc. (TXT) to $82.00. The company is a conglomerate involved in designing, manufacturing, and servicing specialty aircraft, including jets, helicopters, and tilt-rotor aircraft.

Textron Systems unveiled an upgraded Commando Select 4x4 at AUSA 2026, aiming for export orders. The company is producing 65 Mobile Strike Vehicles for Ukraine, with deliveries expected in early 2027. The contract, valued at $192 million, includes spare parts for 12 months. Textron seeks to expand beyond Ukraine.

The Pentagon allocated $200 million to the Bell MV-75 program, developed by Textron, to avoid a stop-work order. The funds were redirected to the Army’s Future Long Range Assault Aircraft Development account, totaling $1.422 billion for the year. Textron had to use internal funds to keep the program on track, with potential financial impacts of $150-250 million if reprogramming didn't occur.

TD Cowen reduced its price target for Textron to $100 from $105. The company's stock is currently trading at $73.22, up 0.26% on the day but down 5.12% over the past year. Textron Aviation recently delivered a Cessna SkyCourier to the Paraguayan Air Force.