Textron (NYSE:TXT) reported a sharp rise in fourth-quarter earnings Wednesday, driven by a surge in military revenue as the U.S. Army dramatically accelerates its timeline for the company’s flagship aviation project.
The Providence-based industrial conglomerate posted adjusted income from continuing operations of $1.73 per share, significantly outpacing the $1.34 reported in the same period last year.
Quarterly revenue climbed 16% to $4.2 billion, supported by a stabilized production line at Textron Aviation and mounting contributions from the MV-75 program at Bell.
The MV-75—the official military designation for the V-280 Valor tiltrotor—has become the centerpiece of Textron’s growth narrative.
Originally slated for deployment in the early 2030s, the U.S. Army recently confirmed plans to start fielding the aircraft as early as 2027 to replace portions of the aging Black Hawk fleet.
The acceleration is part of a broader "Army Transformation Initiative" aimed at providing soldiers with twice the speed and range of existing helicopters for potential Indo-Pacific conflicts.
For the full year 2025, Textron generated $14.8 billion in revenue and an adjusted EPS of $6.10.
While the company faces near-term capital expenditure pressures due to the MV-75’s rapid development, its Textron Aviation segment provided a sturdy foundation, delivering 49 jets and 34 commercial turboprops in its most recent reporting period as it moved past 2024’s labor disruptions.
Looking ahead to 2026, Textron issued a confident outlook, projecting higher revenue and margin expansion.
The company expects the MV-75 to reach critical design milestones by late 2025, clearing the path for prototype deliveries by fiscal 2027.