Diversified manufacturer Textron Inc. (NYSE: TXT), Providence, RI, reported 2017 sales of $14.2 billion, up 3 percent from 2016. Profit was $302 million compared to $962 million in 2016.

For the fourth quarter, sales were $4 billion, up 5 percent from the prior-year period. The company reported a loss of $106 million compared to a profit of $214 the previous year's quarter.

Industrial sales for the quarter were up 19.6 percent year-over-year to $1.1 billion, while aviation sales were down 3.1 percent to $1.4 billion.

Bell segment sales were up 10.8 percent to $983 million, while Textron Systems sales were down 8.1 percent to $489 million.