|
70%
agree
48 votes
|
Increased demand for Helicopters |
|
14%
agree
14 votes
|
Break-up value |
|
54%
agree
48 votes
|
Textron's Cessna will be hurt by recession |
May 25, 2013
Textron (NYSE: TXT) makes the best-selling Cessna small aircraft and military helicopters.[1] Cessna represents 42% of the Textron's 2009 revenues. Textron's military segment, Bell, makes the Osprey Tilt-rotor aircraft and is dependent on U.S. military contracts, which account for 27% of total sales. The company acquired United Industrial (UIC) in 2007, expanding its business into the growing unmanned military market.[2]
Textron also has a stable but low-margin plastic business that makes parts for use in a wide range of consumer products such as cars, plumbing, and electrical connections.[3] Textron competes against large companies like Boeing Company (BA) and Raytheon Company (RTN) for government contracts and Bombardier (BBD.B) and General Electric Company (GE) within the aircraft and Industrial supplies sector.
(Read more at Wikinvest
) - Business Overview
- Business Segments
- Cessna (32%)[3]
- Bell (27%)[3]
- Textron Systems (18%)
- Industrial (12%)[3]
- Finance (11%)[3]
- Trends and Forces
- The decrease in major airlines gives room to small aircraft
- Off-shore drilling leads to increased demand for helicopters
- Exposure to financial market pressures
- Competition
- References
