Textron Awarded $150.18M Contract Modification
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2026
0mins
Should l Buy TXT?
Textron has been awarded a $150.18M modification to a previously awarded contract for sustaining engineering and program management services for the T-6. The modification brings the total cumulative face value of the contract to $510M ceiling, from $240M ceiling. Work will be performed at Wichita, Kansas, and is expected to be completed by April 12, 2031. FY26 operations and maintenance funds in the amount of $11.83M are being obligated at the time of award. The Air Force Life Cycle Management Center is the contracting activity.
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Analyst Views on TXT
Wall Street analysts forecast TXT stock price to fall
7 Analyst Rating
0 Buy
7 Hold
0 Sell
Hold
Current: 91.610
Low
86.00
Averages
89.71
High
94.00
Current: 91.610
Low
86.00
Averages
89.71
High
94.00
About TXT
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with various solutions and services. The Company's segments include Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. Textron Aviation segment manufactures, sells and services Cessna and Beechcraft aircraft, and services the Hawker brand of business jets. Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems segment offers electronic systems and solutions, advanced marine craft, piston aircraft engines, and others. Industrial segment designs and manufactures a variety of products within the Kautex and Specialized Vehicles product lines. Textron eAviation segment includes Pipistrel, a manufacturer of light aircraft, along with other research and development initiatives related to sustainable aviation solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Weak Defense Stock Performance: Despite ongoing conflict, major defense contractors like General Dynamics, Lockheed Martin, and RTX have not seen significant stock price increases, reflecting market expectations for a short-term peace that may dampen investor interest in defense stocks in the near term.
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- Massive Spending Impact: Economists from Harvard Kennedy School report that the U.S. is spending $2 billion daily in and around Iran, totaling $88 billion over 44 days, which exceeds RTX's annual revenue, highlighting the potential long-term implications of the conflict on the defense sector.
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- Customer Feedback Response: Textron Aviation plans to expand Gogo 5G availability to the Cessna Citation CJ4, CJ3+, and CJ3, demonstrating the company's responsiveness to customer needs and commitment to technology investment aimed at improving customer satisfaction.
- Global Service Network: Through its Beechcraft and Cessna brands, Textron Aviation offers a global service network with over 300 authorized service facilities, ensuring comprehensive lifecycle support for customers using the new technology, further solidifying its market leadership.
See More
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- Technological Innovation: The MV-75 Cheyenne II features multi-mission vertical takeoff capabilities and employs a Modular Open Systems Approach (MOSA), enabling it to adapt to modern battlefield demands, thereby enhancing operational flexibility and survivability.
- Combat Capability Enhancement: This aircraft's speed, range, and lethality significantly improve commanders' ability to rapidly mass combat power in contested environments, providing more tactical options to counter adversary threats.
- Production Progress: Bell and the Army remain on schedule, with the official naming marking a crucial step toward delivering the first test aircraft, thereby accelerating the assembly and production of the MV-75 capability for warfighters.
See More
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- Naming Significance: The U.S. Army officially designates the MV-75 as Cheyenne II to honor the heritage of the Cheyenne tribes, reflecting respect for Native American culture and the Army's commitment to its history.
- Technological Innovation: The MV-75 Cheyenne II features multi-mission vertical takeoff capabilities and employs a Modular Open Systems Approach (MOSA), enabling it to adapt to modern battlefield demands, enhancing operational flexibility and survivability.
- Combat Capability Enhancement: This aircraft's speed, range, and lethality significantly improve commanders' ability to rapidly assemble combat power in contested environments, providing more tactical options to gain an advantage in battle.
- Production Progress: Bell and the Army remain on track with production, and the official naming signifies a shared commitment to delivering the first test aircraft, accelerating the assembly and production of the MV-75 to provide next-generation aviation capabilities to warfighters.
See More
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- Contract Extension: The total potential value of the contract increases to $510 million, up from a previous ceiling of $240 million, reflecting ongoing demand for maintenance and support services for the T-6 aircraft.
- Multi-Branch Support: The contract covers the Beechcraft T-6 Texan II aircraft used by the U.S. Air Force, Navy, and Army, including the T-6A, T-6B, and T-6D variants, ensuring the continued operation of pilot training infrastructure across multiple branches.
- Operational Location: Work under the agreement will be carried out in Wichita, Kansas, further solidifying Textron's position in military aviation and positively impacting the local economy.
See More
