Textron shares are trading higher after the company announced a "record-breaking" fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years.
Portfolio Pulse from Benzinga Newsdesk
Textron announced a 'record-breaking' fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years. This has led to a rise in Textron shares.
September 20, 2023 | 3:29 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Textron's record-breaking fleet agreement with NetJets for the potential purchase of up to 1,500 Cessna Citation jets over the next 15 years has led to a rise in its share price.
The announcement of a 'record-breaking' fleet agreement with NetJets for the potential purchase of up to 1,500 Cessna Citation jets over the next 15 years is a significant development for Textron. This agreement represents a substantial potential revenue stream for the company, which has led to increased investor confidence and a rise in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100