Textron Reports Q4 2021 Results | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.14.25

Airborne-NextGen-07.15.25

AirborneUnlimited-07.16.25

Airborne-FlightTraining-07.17.25

AirborneUnlimited-07.11.25

Fri, Jan 28, 2022

Textron Reports Q4 2021 Results

Flagging Deliveries, Supply Chain Delays, and Termination of Afghanistan Contracts Take Toll

Textron reported its 4th quarter income for 2021, down a bit from 2020, but overall looking quite good going forward, according to chairman of the board and CEO Scott C. Donnelly. 

“2021 was a solid year for Textron with strong order flow and execution at Aviation, continued progress on Future Vertical Lift programs at Bell, strong execution and margin performance at Systems, and higher revenues and operating profit at Industrial,” said Donnelly. 

Textron's Aviation arm saw the delivery of 46 jets in 2021, down from 61 the year before. Its turboprop deliveries flagged in similar fashion, dropping to 43 from 61 the year before. Lower volumes are said to be the result of supply chain problems and the enduring shortage of chipsets. The aviation backlog remains just over $4 billion, and revenues were down $201 million compared to the same span in 2020, which were partially offset by higher aftermarket volume. 

Bell revenues dropped $13 million from the year before, said to be the result of lowering military revenue partially offset by a rise in commercial sales. The company met similar delivery metrics as 2020, delivering 59 commercial helicopters over 57 before. Their backlog stands similar to the fixed wing arm at $3.9 billion. Notably, the company noted the disruption of the American withdrawal from Afghanistan, which terminated Textron Systems' fee-for-service contracts maintaining equipment in the region. 

FMI: www.textron.com

Advertisement

More News

ANN's Daily Aero-Term (07.15.25): Charted Visual Flight Procedure Approach

Charted Visual Flight Procedure Approach An approach conducted while operating on an instrument flight rules (IFR) flight plan which authorizes the pilot of an aircraft to proceed >[...]

Aero-News: Quote of the Day (07.15.25)

“When l became the Secretary of Defense, I committed to rebuild our military to match threats to capabilities. Drones are the biggest battlefield innovation in a generation, >[...]

ANN's Daily Aero-Linx (07.15.25)

Aero Linx: Stearman Restorers Association Welcome to the Stearman Restorers Association. The Stearman Restorers Association is an independent “Not for Profit” 501C-3 Co>[...]

NTSB Final Report: Kjelsrud Gary Kitfox

Airplane Exhibited A Partial Loss Of Engine Power When It Was About Halfway Down The Runway Analysis: The pilot of the experimental amateur-built airplane was departing from his pr>[...]

NTSB Prelim: Cessna A150L

The Flight Path Was Consistent With Low-Altitude Maneuvering On June 18, 2025, about 0922 mountain standard time, a Cessna A150L airplane, N6436F, was substantially damaged when it>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC