7/18/2008

Strong global demand for its aerospace and defense businesses led Textron to a 22.9% increase in second-quarter profit on net income of $258 million. High demand in those businesses led to another record backlog, said Lewis Campbell, chairman, president and CEO. "Likewise, we had double-digit organic growth at E-Z-GO, where our new golf car has been well received, and Fluid & Power, where our energy-related products are in high demand."

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