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Textron, Inc.

Textron, Inc.

Sector: Aircraft Region: RI, United States


: | New York Stock Exchange: TXT


Similar to: European Aeronautic Defence & Space NV, Dassault Aviation SA

Textron, Inc. is a multi-industry company, which leverages global network of aircraft, defense, industrial and finance businesses to provide customers innovative solutions and services. The company operates its business through five segments: Cessna, Bell, Textron Systems, Industrial and Finance. The Cessna segment is the general aviation company based on unit sales with two principal lines of business: aircraft sales and aftermarket services. Aircraft sales include citation jets, caravan single-engine utility turboprops, and single-engine piston aircraft and lift solutions by CitationAir. Aftermarket services include parts, maintenance, inspection and repair services. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. The Textron Systems segment product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under three principal product lines, which includes Golf, Turf Care and Light Transportation Vehicles, Fuel Systems and Functional Components and Powered Tools, Testing and Measurement Equipment. The Finance segment is a commercial finance business that consists of Textron Financial Corp. and its consolidated subsidiaries. It provides finances primarily to purchasers of new Cessna aircraft and Bell helicopters as well as preowned Cessna aircraft and Bell helicopters on a limited basis. Textron founded by Royal Little in 1923 and is headquartered in Providence, RI.

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