Textron Inc - Company Profile
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Textron Inc (Textron) is a multi-industry company that operates in aircraft, defense, industrial and finance businesses. The company’s product and service portfolios encompass 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 in 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
Website
www.textron.com
Telephone
1 401 4212800
No of Employees
35,000
Industry
Aerospace and Defense
Ticker Symbol & Exchange
TXT (NYSE)
Revenue (2022)
$13.7B
6.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
7%
(2022 vs 2021)
Market Cap*
$18.1B
Net Profit Margin (2022)
XYZ
0.6%
(2022 vs 2021)
* As of and is in US$
Textron Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Aviation Aircraft | Financial Services | Cessna |
| Military and Commercial Helicopters | Aftermarket Services | Jacobsen |
| Tiltrotor Aircraft | Maintenance, Repair and Support Services | Kautex |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, TRU Simulation secured a contract from the Naval Air Warfare Center – Training Systems Division for three Unit Training Device simulators in a King Air 260 standard configuration, one Operational Flight Trainer simulator in the METS T-54A configuration, one Simulator Support Station in the METS T-54A configuration and 21 Desktop Trainers for avionics training. |
| 2024 | New Products/Services | In February, TRU Simulation introduced a new Veris Virtual Reality Flight Simulator. |
| 2023 | Contracts/Agreements | In December, Textron Aviation announced a collaboration with 4AIR to launch SustainableAdvantage, a ProAdvantage program. |
Competitor Comparison
| Key Parameters | Textron Inc | The Boeing Co | Airbus SE | RTX Corp | Lockheed Martin Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Netherlands | United States of America | United States of America |
| City | Providence | Arlington | Leiden | Arlington | Bethesda |
| State/Province | Rhode Island | Virginia | - | Virginia | Maryland |
| No. of Employees | 35,000 | 171,000 | 147,893 | 185,000 | 122,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott C. Donnelly | Chairman; President; Chief Executive Officer | Executive Board | 2010 | 61 |
| Frank T. Connor | Chief Financial Officer; Executive Vice President | Senior Management | 2009 | 63 |
| Kimberly A. Mackenroth | Vice President; Chief Information Officer | Senior Management | - | - |
| E. Robert Lupone | Executive Vice President; General Counsel; Chief Compliance Officer; Secretary | Senior Management | 2012 | 63 |
| Julie G. Duffy | Executive Vice President; Chief Human Resources Officer | Senior Management | 2022 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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