Textron Inc
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Industrials : Aerospace & Defense | Mid Cap Blend
Company profile

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with various solutions and services. The Company operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Finance, and Textron eAviation. Textron Aviation segment manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Textron Systems segment is a supplier to the defense, homeland security, aerospace, infrastructure protection and other customer missions. Industrial segment designs and manufactures a range of products within the fuel systems and functional components, and specialized vehicles product lines. Textron eAviation offers a family of sustainable aircraft for urban air mobility, general aviation, cargo, and special mission roles.


Last Trade
0.00 (0.00%)
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Closing Price
Day's Change
-0.06 (-0.09%)
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10-day average volume:

NRG Energy buying Vivint Smart Home in $5.2 billion deal

6:17 am ET December 6, 2022 (MarketWatch)

NRG Energy Inc. said Tuesday it will pay $12 a share or $2.8 billion in cash for Vivint Smart Home Inc. and assume $2.4 billion of the company's debt for a total deal value of $5.2 billion. The price of $12 a share is a 33% premium to Vivint's closing share price on Monday. Shares of Vivant jumped 31% in premarket trades. The deal is expected to close in the first quarter. NRG said the transaction will fit its effort to become "the leading provider of essential services for homes and businesses." Vivint's products include Vivint smart hub, Vivint smart home app, Vivint doorbell camera pro, and Vivint outdoor camera pro. Shares of NRG Energy are down 5.2% in 2022 compared to a 16.1% drop by the S&P 500 .

-Steve Gelsi


(END) Dow Jones Newswires

December 06, 2022 06:17 ET (11:17 GMT)

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