The technology landscape is undergoing a profound transformation as strategic channel partnerships increasingly converge on the critical domains of Artificial Intelligence (AI) and data. This escalating trend signifies a pivotal moment for AI adoption, with vendors actively recalibrating their partner ecosystems to navigate the complexities of AI implementation and unlock unprecedented market opportunities. At the [...]
The Indian Institute of Technology (IIT) Madras has announced a significant leap forward in Vertical Take-Off and Landing (VTOL) technology, successfully demonstrating a hybrid rocket thruster capable of achieving the crucial velocity required for a "soft landing." This groundbreaking achievement, detailed in the International Journal of Aeronautical and Space Sciences, promises to redefine next-generation aviation [...]
Textron’s third quarter results received a negative market reaction after the company’s revenue fell short of Wall Street expectations, despite year-over-year growth. Management attributed the quarter’s performance to robust demand in its aviation and defense businesses, with notable gains in aftermarket aviation revenue and a strong backlog. CEO Scott Donnelly highlighted continued strength in commercial jet and turboprop deliveries, as well as progress in military programs such as the MV-75. He also acknowledged ongoing supply chain challenges, though improvements were noted compared to prior quarters. The company’s divestiture of its Powersports business also impacted industrial segment revenues.
Aerospace and defense company Textron (NYSE:TXT) fell short of the market’s revenue expectations in Q3 CY2025, but sales rose 5.1% year on year to $3.60 billion. Its non-GAAP profit of $1.55 per share was 6.4% above analysts’ consensus estimates.
Shares of aerospace and defense company Textron (NYSE:TXT) fell 4.6% in the afternoon session after the company reported mixed third-quarter financial results where revenues fell short of analyst expectations, overshadowing an earnings beat. The multi-industry company posted an adjusted earnings per share of $1.55, which surpassed the forecast of $1.46. However, its revenue of $3.60 billion was below the anticipated $3.67 billion. This revenue shortfall appeared to be a key concern for investors, prompting caution despite the earnings beat. While total revenues increased by 5.1% compared to the prior year's quarter, the failure to meet sales forecasts indicated potential challenges in sales growth.
Stay updated with the movements of the S&P500 index one hour before the close of the markets on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
Hanoi, Vietnam – October 23, 2025 – Vietnam is rapidly accelerating its pursuit of high-tech American goods, particularly in the critical sectors of aircraft and semiconductors, signaling a profound shift in its economic and geopolitical strategy. This intensified interest is not merely about acquiring advanced technology; it represents a deliberate effort to deepen technological collaboration [...]
Energy markets dominated headlines Thursday as a fresh wave of U.S. sanctions targeting Russia's oil giants sparked a sharp rebound in crude prices and lifted energy shares.
Aerospace and defense company Textron (NYSE:TXT) fell short of the market’s revenue expectations in Q3 CY2025, but sales rose 5.1% year on year to $3.60 billion. Its non-GAAP profit of $1.55 per share was 6.4% above analysts’ consensus estimates.
Textron's Q3 2025 results show a strong EPS beat of $1.55, but revenue missed estimates. The company's aviation and defense segments performed well, and full-year guidance was maintained.
Washington D.C. – October 20, 2025 – AeroVironment, Inc. (NASDAQ: AVAV) experienced a significant surge in its stock price today following the announcement of a pivotal contract award from the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO). The agreement positions AeroVironment's Kinesis tactical software platform at the forefront
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As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the aerospace industry, including Textron (NYSE:TXT) and its peers.
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