Providence, R.I.-based Textron reported that second-quarter profit...

Providence, R.I.-based Textron reported that second-quarter profit increased a record 57% largely due to the strength of its aerospace technology divisions. Second-quarter revenue was up 15%. B. F. Dolan, president and chief executive, attributed Textron’s second-quarter performance to continued strength in the company’s aerospace technology. He also cited significant gains in Textron’s industrial and consumer businesses and lower interest expense due to the success of the company’s debt-reduction program.