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Rise of the Drones: The naval drone?

Textron Systems CEO and President Ellen Lord explains the new naval drone the company is producing for the U.S. military.

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  1. Report: Cessna Owner Buys Beechcraft

    Cessna parent Textron (NYSE:TXT) has reportedly forged a deal to acquire luxury plane maker Beechcraft for nearly $1.4 billion.News of the transaction sent shares of...

  2. Shutdown Keeps the Lid on Aerospace, Defense Stocks

    United Technologies just announced that a prolonged federal government shutdown will force it to furlough thousands of workers because of a lack of government inspec...

  3. Affordability is R&D focus for arms industry: executives

    NATIONAL HARBOR, Maryland (Reuters) - The single biggest driver for research and development in the U.S. arms industry is not a hot area like unmanned weapons, cyber...

  4. Bell teams with Lockheed for U.S. Army helicopter bid

    Bell Helicopter, a unit of Textron Inc , on Monday said it would team with c to bid for the U.S. Army's next-generation helicopter - an order worth billions of dolla...

  5. Textron Systems eyes rising foreign demand for drones, weapons

    Textron Systems, a unit of Textron Inc , says strong demand from the Middle East and Asia for unmanned systems, ground vehicles and smart weapons will help expand fo...

  6. Arms makers boost profits despite Pentagon budget headwinds

    U.S. arms makers reported higher quarterly earnings on Wednesday despite Pentagon budget cuts, with many raising their full-year forecasts, but the companies' order ...

  7. Navistar CFO Andrew Cederoth resigns

    Navistar International Corp said Chief Financial Officer Andrew Cederoth would leave the company by the end of June, the latest management change at the truck and en...

  8. Navistar CFO Andrew Cederoth to resign

    Navistar International Corp on Monday said Chief Financial Officer Andrew Cederoth will resign by the end of June, the latest management change at the truck and engi...

  9. U.S. arms companies see rising foreign demand

    U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing...

  10. Boeing, Bell awarded $4.9 billion contract for 99 V-22s

    Boeing Co and Bell Helicopter, a unit of Textron Inc , have been awarded a modified contract valued at $4.9 billion to build 99 V-22 Osprey tiltrotor aircraft throug...

  11. Aviation Industry to Government: Cut the Red Tape

    Leaders of the multibillion-dollar global business aviation industry see signs of recovery from four years of recession, they said on Monday, but they appealed to go...

  12. Caterpillar cries "uncle" on mining; investors cry "buy"

    An odd thing happened on Monday when Caterpillar Inc , the world's largest maker of earth-moving equipment, posted disappointing profits and cut its full-year foreca...

  1. New record close for S&P 500

    Claman on Call: FBN’s Liz Claman with an after-hours web exclusive on the markets, Gap and Gamestop earnings, Textron Systems’s naval drone and Polaris’s new Indian motorcycle.

  2. Rise of the drones: The naval drone?

    Textron Systems CEO and President Ellen Lord explains the new naval drone it is producing for the U.S. military.

  3. Textron 2Q earnings beat expectations

    Earnings HQ: FBN’s Lori Rothman breaks down Textron ’s second-quarter earnings report.

  4. Textron 1Q earnings miss

    Earnings HQ: FBN’s Lori Rothman breaks down Textron ’s first-quarter earnings report.

  5. Textron Profits Rise on More Business Jet Sales

    Textron Inc, the world's largest maker of business jets, reported a 17 percent rise in quarterly profit as sales of its flagship Cessna aircraft picked up after five...

  6. Cessna Maker Textron to Buy Beechcraft

    Textron (NYSE:TXT) agreed to buy Beechcraft, the U.S. maker of Hawker jets and other aircraft, for $1.4 billion in cash as it looks to expand its aviation business. ...

  7. Wall Street Jumps in First Weekly Win in Three

    FOX Business: Capitalism Lives Here The broad S&P 500 capped off its strongest weekly rally since mid-October and snapped a two-week losing streak after the Fed unve...

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