AllAnalyst Report
logoMorningstarJune 18, 2021

Textron Inc.: Textron Sees a Demand Surge for Small Private Jets, but That May Be a Function of the Corona Economy

Symbols
TXT
Sector(s)
Industrials
Rating
Current Price
$68.03
Fair Value
Economic Moat
Stewardship
Summary

Textron is a conglomerate that designs, manufactures, and services specialty aircraft for various end markets, but it also has several unrelated businesses. The firm’s aviation segment manufactures and services Cessna and Beechcraft business aircraft. Bell is a helicopter manufacturer and servicer for both the commercial and military end market. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators for the commercial and military end markets. Textron Industrial contains a Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and produces specialized vehicles such as golf carts, snowmobiles, all-terrain vehicles, and others.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free

Analyst Profile

Burkett Huey

Equity Analyst
Burkett Huey is an equity analyst on the financial-services team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He assists in the coverage of REIT, banking, and Insurance companies.Before joining Morningstar 2016, Huey worked for the State of the Rockies research program and wrote his undergraduate thesis on the economics of water transfers in Western Colorado. After joining Morningstar, Huey worked in various operations roles before transitioning to his current role.Huey holds a bachelor’s degree in economics from Colorado College. He also is a Level II candidate in the Chartered Financial Analyst® program.