Textron: Balanced Aerospace And Defense Growth Backed By Record Backlog And Capital Discipline

Textron Inc. reported strong results for the second quarter, driven by growth in its aerospace and defense segments.

The company's backlog increased to a record $16.7 billion, reflecting strong demand for its products, including Bell helicopters and Cessna aircraft.

Textron also maintained its capital discipline, generating $273 million in free cash flow during the quarter.