Textron — Oct 23, 2025 release

Segment profit was $179 million in the third quarter, up $51 million from a year ago, largely due to higher volume and mix. Textron Aviation backlog at the end of the third quarter was $7.7 billion. Bell Bell revenues were $1.0 billion, up 10%, or $97 million from the third quarter of 2024. The revenue increase in the quarter was driven by higher military revenues of $128 million, primarily due to higher volume from the U.S. Army's MV-75 program, partially offset by lower commercial revenues of $31 million, primarily due to volume. Bell delivered 30 commercial helicopters in the quarter, down from 44 in last year's third quarter. Segment profit of $92 million was down $6 million from last year's third quarter. Bell backlog ended the third quarter at $8.2 billion, an increase of $1.3 billion from the prior quarter primarily reflecting the award for the prototype testing and evaluation phase of the MV-75 program. Textron Systems Textron Systems revenues were $307 million, up $6 million from last year's third quarter, which included higher volume on the Ship-to-Shore Connector program. Segment profit of $52 million was up $13 million, compared with the third quarter of 2024, largely due to a gain resulting from the early termination of a vendor contract. Textron Systems backlog ended the third quarter at $3.2 billion, an increase of $980 million reflecting new contract awards for several programs. Industrial Industrial revenues w