Business
The whittling down of the American military has reduced defense spending in the San Fernando Valley and nearby areas by 16% in prime contracts since 1989--a loss of tens of millions of dollars--according to a computer-assisted study by The Times.
May 25, 1993
World & Nation
Companies that donate to the Boy Scouts of America are in a quandary: Their employment policies contradict the Boy Scouts’ court-upheld right to ban gay troop members.
Aug. 25, 2000
Textron Inc. put a “for sale” sign on Bell Helicopter on Monday as part of its divestiture effort to raise $1 billion and erase some of the $1.4-billion debt it took on when it bought Avco Corp. in January.
March 5, 1985
Textron Inc. said it plans to sell its Textron Filtration Systems division in Newbury Park.
July 7, 1992
providence, r.i. -- Textron Inc. said Monday that it would purchase United Industrial Corp. for about $1.1 billion in a deal that company officials said underscored the importance of unmanned aircraft to the U.S. military.
Oct. 9, 2007
Textron Aerostructures, formerly a unit of Textron Inc., agreed to pay $9.8 million to settle allegations that it defrauded the Pentagon by inflating labor costs, the Justice Department said.
Nov. 26, 1998
HR Textron in Valencia announced that it appointed Roger Pascoe, 37, to the position of vice president of manufacturing.
Oct. 17, 1989
Textron Inc. warned that it would cut its profit forecast this year, eliminate 11% of Cessna Aircraft Co.’
March 21, 2003
HR Textron Inc. in Valencia said McDonnell Douglas has awarded it a contract valued at more than $10 million for the production of aircraft testing equipment.
April 3, 1990
Textron said Ex-Cell-O’s board had unanimously agreed to its acquisition offer of $77.50 a share.
Aug. 19, 1986