Textron — Jul 28, 2026 release

The company's current full year outlook assumes receipt of additional fiscal year 2026 funding on the MV-75 Cheyenne program through an Above Threshold Reprogramming request. Absent the receipt of any additional funding and inclusive of other outlook assumptions, our adjusted EPS could be negatively impacted by $0.20 to $0.30 and cash flow could also be negatively impacted by $150 million to $250 million. Second Quarter Segment Results Textron Aviation Textron Aviation’s revenues were $1.5 billion, up 1%, or $22 million from last year's second quarter, reflecting higher aircraft revenues of $17 million and higher aftermarket parts and services revenues of $5 million. The increase in aircraft revenues was primarily due to higher pricing, partially offset by lower volume and mix. The decrease in volume and mix largely reflected lower Citation jet and defense volume, partially offset by higher commercial turboprop volume. Textron Aviation delivered 40 jets in the quarter, compared with 49 in the second quarter of 2025, and 44 commercial turboprops, up from 34 in last year's second quarter. Segment profit was $165 million in the second quarter, down $5 million, or 3% from a year ago, primarily due to an unfavorable impact from manufacturing inefficiencies and lower aircraft volume and mix, partially offset by lower warranty costs. Textron Aviation backlog at the end of the second quarter was $8.0 billion. Bell Bell revenues were $1.1 billion, up 6%, or $58 million from the second quarter of 2025. The reven