|Bid||46.93 x 900|
|Ask||46.96 x 800|
|Day's Range||46.64 - 47.52|
|52 Week Range||20.26 - 51.53|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||39.65|
|Earnings Date||Jan 27, 2021 - Feb 01, 2021|
|Forward Dividend & Yield||0.08 (0.17%)|
|Ex-Dividend Date||Dec 10, 2020|
|1y Target Est||45.08|
The assets being sold include Textron's flight simulator manufacturing operations in Montreal, as well as certain entities in France and Malaysia and a minority interest in a joint venture in Iceland. Textron's flight simulation and training operations in Tampa, Florida are not included in the sale, the company said.
Textron announces its TRU Simulation + Training Inc. subsidiary reaches a definitive agreement to sell certain of its non-U.S. businesses to CAE Inc.
The world's largest private jet operator, which had earlier halved its delivery target for this year to 30, said it now expects to take delivery of 40 new airplanes in 2021. "We are ramping our deliveries ... we expect deliveries to remain at that level (40 airplanes a year) for the next couple of years," said Patrick Gallagher, the company's president of sales, marketing and service. Operators of private jets, which can carry up to 19 people, have fared better than commercial airlines as they promise less risk of exposure to the coronavirus because their passengers can avoid crowded airport counters and packed planes.