TXT TEXTRON AVIATION INC

NEUTRAL Impact: 4/10 GOVT-CONTRACT
Horizon months Filed May 21, 2026 Processed 21d 6h ago
Large government contract award ($500M+)
Latest settled — T+5d
TXT ▲ +1.86% at T+5d
NEUTRAL call ✓ call won +1.86% · α vs SPY +0.26% · entry $90.24 → $91.92
Next anchor: T+20d in 5d
Currently $92.82 · +2.86% from $90.24 entry
Entry anchored
May 20, 03:59 PM ET
via Databento tick
T+1d
+1.76%
call +1.76% · α +1.32%
$91.83
settled 23d ago
T+5d
+1.86%
call +1.86% · α +0.26%
$91.92
settled 16d ago
T+20d
call — · α —
in 5d
T+60d
call — · α —
in 2mo

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Executive Summary

Textron Aviation Inc., a subsidiary of Textron Inc. (TXT), was awarded a $208.4 million firm-fixed-price contract by the Department of Transportation to procure modified commercial King Air 360ER aircraft. This award represents approximately 0.7% of Textron's annual revenue, a moderate addition to its backlog that reinforces its competitive position in the government aviation market.

Actionable Insight

This is a routine, moderate-sized government contract that adds to Textron's backlog but is not transformative. Monitor for follow-on orders or modifications that could increase the total value. The King Air 360ER is a mature platform, so margin profile is likely in line with Textron's aviation segment average.

Key Facts

  • Contract award amount: $208,393,855.9
  • Awarding agency: Department of Transportation
  • Contract type: Firm-fixed-price (new procurement)
  • Aircraft: Modified commercial King Air 360ER
  • Start date: 2026-05-21
  • Award represents approximately 0.7% of Textron's annual revenue

Financial Impact

$208.4 million contract, approximately 0.7% of annual revenue

revenuebacklog

Risk Factors

  • Government funding risk from continuing resolutions or budget sequestration
  • Execution risk on delivery timelines and modification requirements
  • Potential for contract modifications or cancellations under changing administration priorities

Market Snapshot

Exchange
NYSE
Sector
Aircraft & Parts
Analyst Consensus
43% bullish (23 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
GOVT-CONTRACT Data (Synthetic)contract-6973GH26F00864

US Market Status

Market Closed — Opens Mon (47h 32m)

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