Textron recorded higher profit and sales in the second quarter, boosted by higher aircraft pricing and demand from the military.

The aircraft manufacturer on Tuesday posted a profit of $248 million, or $1.42 a share, compared with $245 million, or $1.35 a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were $1.62, ahead of the $1.55 anticipated by analysts, according to FactSet.

Revenue rose 3% to $3.83 billion. Analysts surveyed by FactSet had forecast revenue of $3.81 billion. Sales increased in almost all of Textron's business segments.

Textron Aviation saw sales rise 1% to $1.5 billion, reflecting higher aircraft revenues due to higher pricing. Sales from aftermarket parts and services also increased.

Bell, which builds helicopters and other aircraft, had a 6% increase in sales, thanks to higher revenue and volume from the military.

Textron Systems sales rose 7% on higher volume of armored land vehicles and military training and support services. Its industrial segment also grew, while its finance business declined from $15 million to $14 million in revenue.

Textron reiterated its full-year guidance for adjusted earnings per share of $6.40 to $6.60, in line with the $6.51 analysts are projecting.

The current outlook assumes receipt of additional funding on its MV-75 Cheyenne program that must be approved by the government. If Textron doesn't receive the funding, adjusted earnings per share could be 20 cents to 30 cents lower, the company said.