With possible $1.5T budget, new Textron CEO sees opportunity for growth in defense sector

With possible $1.5T budget, new Textron CEO sees opportunity for growth in defense sector

With the possibility of a $1.5 trillion budget topline for the Pentagon in fiscal year 2027, Textron's new CEO envisions the company accelerating some existing defense programs and moving into new territory. Lisa Atherton, who took over the position earlier this month, said during a fourth-quarter earnings call this morning that she sees opportunities to potentially grow and accelerate programs such as the Army’s XM30 combat vehicle program and …