Textron boosts earnings forecast

05/5/2008 | Seattle Times, The

Textron posted a first-quarter profit of $231 million and increased its yearly earnings projections based on strong demand for its aircraft and defense products. Originally a textile maker, Textron now realizes most of its revenue from other manufacturing sectors, including its Cessna jet, E-Z-GO golf cart and Bell helicopter brands. The company makes lawn-care machinery, cable installation systems and industrial pumps and components.

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Seattle Times, The

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