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Archive Home > 2009 > April > 29 > Cessna parent company’s quarterly profit drops 63%

Cessna parent company’s quarterly profit drops 63%

By The Associated Press / The Bulletin
April 29, 2009

WASHINGTON — Textron Inc., which makes Cessna planes, Bell helicopters and turf maintenance equipment, said Tuesday its first-quarter profit fell 63 percent as the recession drove down demand for its corporate jets. It also slashed its 2009 profit outlook and said it expects more job....

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