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*
$16.7B
Net Profit Margin (2022)
XYZ
0.6%
(2022 vs 2021)
* As of and is in US$
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 | Corporate Changes/Expansions | In May, Textron Aviation opened its distribution facility in Wichita, Kansas, the US. |
| 2024 | Regulatory Approval | In May, Textron Aviation secured supplemental-type certification approval from the Federal Aviation Administration for a fully integrated Future Air Navigation System and Protected Mode Controller Pilot Data Link Communication program for Hawker 4000 aircraft equipped with the Honeywell PRIMUS EPIC integrated cockpit. |
| 2024 | Contracts/Agreements | In May, Textron Systems Corporation was selected by the U.S. Army to conclude a flight demonstration, MOSA demonstration, and provide an Aerosonde Mk. 4.8 Hybrid Quad uncrewed aircraft system to the U.S. Army for testing and evaluation. |
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 | 150,093 | 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; Chief Executive Officer; President | Executive Board | 2010 | 62 |
| Frank T. Connor | Chief Financial Officer; Executive Vice President | Senior Management | 2009 | 64 |
| Todd A. Kackley | Chief Information Officer; Vice President | Senior Management | - | - |
| E. Robert Lupone | Executive Vice President; Secretary; Chief Compliance Officer; General Counsel | Senior Management | 2012 | 64 |
| Julie G. Duffy | Chief Human Resources Officer; Executive Vice President | Senior Management | 2022 | 58 |
| 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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