Textron helicopter revenue increases by $106M

By Nickolai Sukharev / April 25, 2024 at 1:28 PM
Textron's helicopter sales increased by $106 million in the first quarter of 2024, company executives reported during a quarterly earnings call today. Earning $727 million, company Chairman and CEO Scott Donnelly attributed the increases to the “ramp up” of the Army’s Future Long Range Assault Aircraft program as well as demand increases and strengthened supply chains. “On the FLRAA program, we continue to progress through the preliminary design reviews and expect to complete milestone B, which allows for the entrance...

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