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Textron Expects Bell 407, 429 Production to Ramp Up By End of Year

Textron Expects Bell 407, 429 Production to Ramp Up By End of Year
The Japan National Police Agency ordered its first Bell 412EPX last month. (Bell Photo)

Textron's [TXT] second quarter 2019 financial results were mixed, as the company reported $3.2 billion in revenue, $500 million lower than last year, but earnings per share of $.93, compared to $.87 last year. CEO Scott Donnelly told financial analysts in a July 17 conference call that he expects business to pick up in the third and fourth quarters of this year, including sales of Bell 407 and 429 helicopters for commercial customers who use them for such areas as…

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