TEXTRON AVIATION earned $160m on $1.3b revenues in 3Q23 vs $131m on $1.2b in 3Q22; it has $7.4b backlog. It delivered 39 jets/38 turboprops vs 39 jets/33 turboprops a year ago. BELL delivered 23 commercial helicopters vs 49.
Textron Aviation delivered a “strong” third quarter (Q3), shipping 39 business jets, flat with a year ago, and 38 commercial turboprops, up from 33 a year ago.
Leaders of the general and business aviation industry applaud the Senate’s 98-0 vote to confirm Michael Whitaker as the next permanent administrator of the FAA.
GENERAL DYNAMICS AEROSPACE earned $268m on $2b sales in 3Q23 vs $312m on $2.3b in 3Q22; book-to-bill ratio was 1.44 vs 1.15 a year ago. GULFSTREAM delivered 27 (22 large) green business jets in 3Q22 vs 35 (28) in 3Q22.
Canadian aerospace and defense training leader CAE will use proceeds from the sale to pay off debt and invest in its core training and simulation markets.
Guy Norris, Senior Editor at Aviation Week Network, outlines the features of Rolls-Royce's permanent magnet radial flux motor on display at NBAA-BACE 2023.
