This is a routine, moderate-sized government contract that adds to Textron's backlog but is not transformative. Monitor for follow-on orders or modifications that could increase the total value. The King Air 360ER is a mature platform, so margin profile is likely in line with Textron's aviation segment average.
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Executive Summary
Textron Aviation Inc., a subsidiary of Textron Inc. (TXT), was awarded a $208.4 million firm-fixed-price contract by the Department of Transportation to procure modified commercial King Air 360ER aircraft. This award represents approximately 0.7% of Textron's annual revenue, a moderate addition to its backlog that reinforces its competitive position in the government aviation market.
Key Financial Metrics
Key Facts
- Contract award amount: $208,393,855.9
- Awarding agency: Department of Transportation
- Contract type: Firm-fixed-price (new procurement)
- Aircraft: Modified commercial King Air 360ER
- Start date: 2026-05-21
- Award represents approximately 0.7% of Textron's annual revenue
Financial Impact
$208.4 million contract, approximately 0.7% of annual revenue
Risk Factors
- Government funding risk from continuing resolutions or budget sequestration
- Execution risk on delivery timelines and modification requirements
- Potential for contract modifications or cancellations under changing administration priorities
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-6973GH26F00864 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 28, 2026 9w ago | 8-K | $89.96 $81.80 | ▼ −9.07% | ▼ −12.45% | $77.52 (−13.83%) |
Jul 22, 2026 10w ago | GOVT-CONTRACT | $91.71 $86.29 | ▼ −5.91% | ▼ −8.81% | $77.52 (−15.47%) |
Jun 3, 2026 17w ago | Court Ruling | $91.38 $92.50 | ▲ +1.23% | ▲ +2.48% | $77.52 (−15.17%) |
May 21, 2026 19w ago | GOVT-CONTRACT | $90.24 $86.76 | ▼ −3.86% | ▼ −4.19% | $77.52 (−14.10%) |
May 18, 2026 19w ago | Court Ruling | $90.59 $93.74 | ▲ +3.48% | ▲ +1.90% | $77.52 (−14.43%) |
May 18, 2026 19w ago | Court Ruling | $90.59 $93.74 | ▲ +3.48% | ▲ +1.90% | $77.52 (−14.43%) |
US Market Status
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