Textron Aviation Reports A $1.3 Billion Revenue For The Fourth Quarter Of 2024

On Wednesday, January 22nd, Textron Inc. reported its financial results for the fourth quarter of 2024. The company, which is the industrial conglomerate that owns major aviation brands like Textron Aviation and Bell Helicopter, reported a slight decline in income from continuing operations in both the fourth quarter of 2024 and the full year of 2024. The company reported several impacts on the financial results, mostly from the work stoppage that occurred at Textron Aviation due to a labor strike in the fourth quarter of last year. Textron also forecasted its 2025 revenue, which is expected to increase year-over-year compared to 2024.