By Rob Curran
Textron's fourth-quarter net income rose sharply as the resolution of a labor dispute and acceleration of a new military aircraft program bolstered sales, generating growth the company expects to continue in 2026.
The maker of Cessna jets, Bell helicopters and other industrial products on Wednesday posted earnings of $235 million, or $1.33 a share, up from $141 million, or 76 cents a share, a year earlier.
Excluding certain one-off items, adjusted earnings were $1.73 a share, just ahead of the average analyst target of $1.72 a share, according to FactSet.
Revenue rose 16% to $4.18 billion, also surpassing the average analyst target of $4.08 billion, as per FactSet.
Textron Aviation revenue surged 36% to $1.75 billion, reflecting orders of the Cessna Citation jet and commercial turboprop planes. Prior-year sales had been affected by a strike.
Bell revenue rose 11% to $1.26 billion, amid higher volume on the U.S. Army MV-75 aircraft program.
For 2026, Textron forecast earnings from continuing operations between $5.39 and $5.59 a share. The company anticipates adjusted earnings in a range between $6.40 and $6.60 a share, up from $6.10 a share in 2025. Textron projected 2026 revenue of about $15.5 billion, up from $14.8 billion in 2025.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
January 28, 2026 07:03 ET (12:03 GMT)
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