Cessna Revenues Down, Bell's Up

Cessna Aircraft's revenues in the second quarter of 2010 were down $236 million from the same period a year ago while profit was down $45 million. That's according to parent company Textron, which attributed the drops partly to fewer aircraft deliveries: Cessna delivered only 43 Citations during the second quarter of this year, compared with 84 during the same time in 2009. Better news came from Textron's Bell Helicopter division, where revenues in the second quarter were up $153 million and profit rose $35 million from the same quarter last year, thanks partly to military aircraft deliveries. Bell delivered 21 civil helicopters in the second quarter, up from 15 in the first quarter.