$TXT

Textron Aviation CEO Ron Draper retires; Brian Rohloff to take over. Draper led product developments and faced industry challenges. EAA and Sporty's partnership enrolled 200,000 youth in free flight courses. Embraer's Phenom 300EV received triple certification.

Textron Inc. (TXT) named Brian Rohloff as president and CEO of its Textron Aviation segment, effective August 31, 2026. Rohloff, a 29-year veteran, succeeds Ron Draper, who is retiring. According to Lisa Atherton, Rohloff's deep industry knowledge and leadership make him well-suited for the role. The move occurs as Textron Aviation aims to boost productivity and address an $8bn backlog.

Ron Draper is retiring as CEO of Textron Aviation, effective August 31, and will serve as a senior advisor until the end of 2026. Brian Rohloff, a 29-year veteran of the company, will succeed him. Under Draper's leadership, Textron Aviation expanded its product portfolio and achieved several milestones, including FAA certifications and technological innovations.

Brunswick (BC) CEO David Foulkes highlighted AI-driven auto-docking boats and defense deals, including unmanned military vessels with Textron (TXT), as growth drivers. The company showcased Auto Captain, an AI-powered docking system, and discussed AI applications in customer service and supply chain. Brunswick has sold about 20 unmanned surface vessels to the Navy.

Textron Inc. (TXT), a diversified aerospace and defense company, reported Q2 2026 revenue of $3.8B (+3% YOY) and adjusted EPS of $1.62, beating expectations. Shares underperformed the S&P 500 and XLI ETF. Analysts have a 'Moderate Buy' consensus, with a mean price target of $101.40, implying 17.5% upside. Concerns include aviation business challenges and funding uncertainty for the MV-75 program.

Textron Aviation delivered the 500th Cessna Citation CJ4, a CJ4 Gen2, to a customer in the Philippines. Textron says the CJ4 Gen3 is expected to get FAA certification later in 2025, with 880+ test hours. Gen3 upgrades include Garmin G3000 PRIME avionics and Emergency Autoland. Textron lists 2,165 nm range and 2,200 lb payload.

Textron Systems Corp. (TXT) received a $231.5 million contract modification from the U.S. Department of War to build two LCAC-100-class Ship to Shore Connector Landing Craft Air Cushion vessels, modifying a 2023 agreement. Work is split across multiple U.S. sites and the UK, with completion expected by May 24, 2032. Naval Sea Systems Command is the contracting activity.

The article says aircraft OEM order books remain strong. It cites Bombardier’s 1.5x book-to-bill and a 24.6% year-on-year backlog rise, and Gulfstream’s 1.5-to-1 ratio with backlog up 20.5% vs June 2025. It also notes Embraer executive jet deliveries and targets to produce 200 jets annually by 2030, plus improving supply-chain cadence at General Dynamics and Textron.

Textron Innovations, a subsidiary of Textron Inc., received a patent for a tandem tiltrotor design with rotor assemblies at the front and rear of the fuselage, using modular, swappable components. The filing claims improved structural efficiency, less drag, more control authority and lift, and longer range than helicopters. Textron also obtained two other patents that week.

Bell Textron expanded its Clontarf, Brisbane component, repair and overhaul facility to add hydraulic component maintenance and repair. The site grew from 50m² to 800m², with expanded non-destructive testing and more qualified technicians. Bell says hydraulic services cover multiple Bell helicopter models and that component capability rose 50% over 12 months.