Adjusted income from continuing operations was $1.55 per share compared to $1.54 per share last year.
Bell revenues increased $222 million to $1 billion, with segment profit of $80 million, down $2 million due to higher R&D costs.
Corporate expenses were $36 million; net interest expense was $26 million; LIFO inventory provision was $38 million; intangible asset amortization was $8 million; net special charges were $4 million.
Finance segment revenues were $15 million with profit of $8 million, up from $12 million revenue and $7 million profit last year.
Industrial revenues declined $75 million to $839 million, with segment profit up $12 million to $54 million, reflecting disposition impacts and cost reductions.
Manufacturing cash flow before pension contributions totaled $336 million versus $320 million in Q2 2024.
Segment profit was $346 million, up $3 million from the prior year quarter.
Textron Aviation revenues were $1.5 billion, up $42 million, with segment profit of $180 million, down $15 million due to mix and warranty costs.
Textron eAviation revenues were $8 million with a segment loss of $16 million, slightly improved from last year.
Textron reported revenues of $3.7 billion in Q2 2025, up 5.4% or $189 million from Q2 2024.
Textron repurchased approximately 2.9 million shares for $214 million in the quarter, totaling 5.8 million shares and $429 million year-to-date.
Textron Systems revenues were $321 million, down $2 million, with segment profit up $5 million to $40 million.
Rapid Progress and Cost Savings in LHX NeXt Program
LHX NeXt is tracking 40% ahead of its $1 billion 3-year cost reduction target, on track to achieve 2026 margin goals.
The program is primarily focused on enterprise transformation, digitization, and AI integration, with system implementation expected to conclude by end of 2025.
Cost savings are expected to contribute 30-40% to margin improvements, with the remainder passed to customers, enhancing competitive positioning.
Arcosa remains disciplined in capital deployment, prioritizing deleveraging while maintaining an open M&A pipeline for bolt-on acquisitions.
The company expects to reduce leverage to the target range of 2x-2.5x within 2-3 quarters, with a focus on organic and inorganic growth opportunities.
Management highlighted a robust pipeline of potential acquisitions, with strategic fit and timing considerations, including a planned $20-25 million investment to convert a wind plant to transmission structures.
The company is confident in its financial position to support growth initiatives and capital investments.
Strategic Investment in Innovation and Technology Enhances Operational Productivity
ArcBest leverages AI and predictive analytics to optimize labor planning, routing, and dock operations, resulting in the most productive quarter since 2021.
Implementation of city route optimization and real-time pickup AI tools in Phase 2 and 3 improves resource utilization and service consistency.
Rolling out dock management systems with real-time dashboards streamlines workflows and enhances speed and accuracy.
Dafinchi