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Textron Sees Higher 3rd Quarter Earnings

 

Textron Aviation is reporting higher overall revenues in its third quarter.

 

According to the company, revenues for its aviation unit were up $171 million compared to last year, coming in at $1.3 billion. Between Cessna and Beechcraft models, 39 jets were delivered during the third quarter, which is flat with last year. The company saw an increase in delivery of commercial turboprops, sending out 38, which was up from 33 in last year's third quarter. Cessna piston aircraft, Caravan turboprops and the Citation M2 jets are built and delivered from the Cessna plant in Independence.

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