Textron Incorporated

WASHINGTON — U.S. Army officials this week said they do not expect to decide until later this year whether to start a multibillion-dollar program to develop a new armed scout helicopter, or extend the life of the current Vietnam-era OH-58 Kiowa...

* Flight demonstration said to fall short of requirements * Army decision closely watched by industry * Program would be third attempt to replace current aircraft By Andrea Shalal-Esa WASHINGTON, May 8 (Reuters) - U.S. Army officials on Wednesday said...

(Repeats for wider subscribers) By Malathi Nayak SAN FRANCISCO, May 7 (Reuters) - In the midst of the bitter national debate on gun violence, gun manufacturers and videogame makers are delicately navigating one of the more peculiar relationships in...

By Andrea Shalal-Esa WASHINGTON, May 3 (Reuters) - The U.S. Navy posted the final rules for a long-delayed, multibillion dollar competition for a new fleet of presidential helicopters, saying it planned to award a contract about a year from now despite...

By Andrea Shalal-Esa WASHINGTON, April 29 (Reuters) - The U.S. Army will hold a flight demonstration on Tuesday of a newly upgraded version of the Vietnam-era OH-58 Kiowa Warrior helicopter, an Army-led initiative that officials say will save $600...

With interest rates near record lows, older savers are finding it harder to stomach bank CDs or Treasury bonds. But Belvidere, Ill., retiree Miles Fryar would be having fewer sleepless nights if he had parked his cash in those traditional investment...

(Repeats story moved late on Monday, no changest to headline or text) By James B. Kelleher CHICAGO, April 22 (Reuters) - An odd thing happened on Monday when Caterpillar Inc, the world's largest maker of earth-moving equipment, posted disappointing...

By James B. Kelleher CHICAGO, April 22 (Reuters) - 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 forecast, blaming weakness in the mining...

Layoffs could soon be expected at a Wichita plane manufacturer after a poor quarterly report. Cessna's parent company, Textron, said Wednesday the company is cutting Wall Street's forecast by 20 cents a share this year. A Cessna spokesman tells...

Planemaker Cessna has entered the world of motor sports.  Cessna is now a primary sponsor for the #1 of Earnhardt Ganassi Racing, which is driven by Jamie McMurray. It hasn't been determined which races will feature the logo on the car.  This is the...

Five different companies with operations in Connecticut have achieved the dubious honor of being listed among the top toxic “Corporate Air Polluters” on a University of Massachusetts institute’s 100-worst list for 2012. According to the...

In a cavernous production facility at AAI Unmanned Aircraft Systems in Hunt Valley, workers assemble remote-control planes that help U.S. forces identify enemy targets. At the Johns Hopkins University Applied Physics Laboratory in Laurel, researchers...