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Textron Inc: Overview

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Textron Inc (Textron) is a conglomerate that operates in aircraft, defense, industrial, and finance businesses. The company’s product and services portfolio encompass the sales and aftermarket services of Beechcraft and Cessna aircraft; Bell military and commercial helicopters; Tiltrotor aircraft and related spare parts and services; unmanned aircraft systems; land and marine systems; weapons and sensors, and aviation mission support products and services. It also offers industrial products such as fuel systems and functional components, golf cars and turf care vehicles, tools and testing equipment. Textron also provides financial services for the purchase of its products. The company has operations across the Americas, Asia-Pacific, Europe, and the Middle East. Textron is headquartered in Providence, Rhode Island, the US.

Headquarters United States of America

Address 40 Westminster St, Providence, Rhode Island, 02903


Telephone 1 401 4212800

No of Employees 33,000

Industry Aerospace and Defense

Ticker Symbol & Exchange TXT (NYSE)

Revenue (2021) $11.7B 6.3% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 141.4% (2021 vs 2020)

Market Cap* $13.4B

Net Profit Margin (2021) XXX 127.2% (2021 vs 2020)

* As of and is in US$

Products and Services

Products Services Brands
Aviation Aircraft Financial Services Cessna
Military and Commercial Helicopters Maintenance, Repair and Support Services Jacobsen
Tiltrotor Aircraft Aftermarket Services Kautex
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In May, Textron Systems in partnership with UVision to launch a Cottonmouth ARV armed with HERO loitering munition launchers.
2022 Contracts/Agreements In May, the company received an order from Turkish Aerospace Industries (TUSAS) for one special mission Cessna Citation Longitude and two special mission Cessna Citation Latitude jets.
2022 Others In May, Textron Aviation announced the first delivery of the Cessna SkyCourier twin utility turboprop to FedEx Express.
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Competitor Comparison

Key Parameters Textron Inc Lockheed Martin Corp Raytheon Technologies Corp The Boeing Co Airbus SE
Headquarters United States of America United States of America United States of America United States of America Netherlands
City Providence Bethesda Waltham Chicago Leiden
State/Province Rhode Island Maryland Massachusetts Illinois -
No. of Employees 33,000 114,000 174,000 142,000 127,120
Entity Type Public Public Public Public Public
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Key Financial Charts

Net Income Growth

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Operating Margin
Operating Margin
EPS (Earnings per Share)
EPS (Earnings per Share)
Debt to Equity Ratio
Debt to Equity Ratio
Return on Assets
Return on Assets
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Executives
Name Position Board Since Age
Kimberly A. Mackenroth Chief Information Officer; Vice President Senior Management - -
E. Robert Lupone Chief Compliance Officer Senior Management 2012 62
Gunnar Kleveland President - Textron Specialized Vehicles Inc; Chief Executive Officer - Textron Specialized Vehicles Inc Senior Management - -
Julie G. Duffy Executive Vice President - Human Resources Senior Management 2017 56
Mitch Snyder President - Bell; Chief Executive Officer - Bell Senior Management 2015 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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