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Textron (TXT) Wins Mario Gabelli’s Support on Growth in Business Jets and V-280 Defense Program
Billionaire Mario Gabelli supports Textron (TXT) due to its strong position in the business jet market, efficient product development, and its Bell V-280 defense program, which is anticipated to be a significant multi-decade project. GAMCO Investors has increased its stake in Textron, which has seen its stock rise by 11% since Q3 2025 and 8% year-to-date in 2026. Gabelli highlights the company’s improved operations and competitive strength, even suggesting a potential merger with a larger defense company in the long term.