secwatch.observer — SEC 8-K summary
======================================

Issuer:     TEXTRON INC (TXT)
CIK:        0000217346
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000217346-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Textron Q1 2022 EPS $0.88, up 26% YoY; Aviation backlog $5.1B
-------------------------------------------------------------

- GAAP EPS $0.88 vs $0.75 in Q1 2021; adjusted EPS $0.88 vs $0.70.
- Manufacturing cash from ops $225M, up $118M from Q1 2021; returned $157M in buybacks.
- Aviation revenue $1.0B (+$175M); 39 jets delivered (up from 28), 31 turboprops (up from 14).
- Bell revenue $834M (-$12M); 25 commercial helos delivered (up from 17); backlog $4.8B.
- Systems revenue $273M (-$55M) on Afghanistan withdrawal impact; Industrial revenue $838M (+$13M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/217346/000021734622000014/0000217346-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/217346/000021734622000014/txt-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000217346-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer