TXT 📈 Textron - Overview

Textron Inc. is a multinational conglomerate with a diverse portfolio of businesses, operating in the aircraft, defense, industrial, and finance sectors worldwide. The company's structure is organized into six distinct segments, each with its own unique set of products and services. These segments include Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance, which collectively contribute to the company's overall revenue and growth.

The Textron Aviation segment is a leading manufacturer of business jets, turboprop and piston engine aircraft, as well as military trainer and defense aircraft. This segment also provides a range of services, including maintenance, inspection, and repair, in addition to selling commercial parts. The Bell segment, on the other hand, specializes in the supply of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Both of these segments play a critical role in the company's aerospace and defense operations.

In addition to its aerospace and defense businesses, Textron Inc. also has a significant presence in the industrial sector. The Industrial segment offers a variety of products, including blow-molded solutions, such as conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications. This segment also manufactures golf cars, off-road utility vehicles, powersports products, and other light transportation vehicles, which are sold to a range of customers, including golf courses, government agencies, and consumers. Furthermore, the Industrial segment provides professional turf-maintenance equipment and turf-care vehicles to commercial and industrial users.

The Textron Systems segment is another key component of the company's operations, offering a range of advanced technologies and solutions, including unmanned aircraft systems, electronic systems, and advanced marine crafts. This segment also provides piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. The Textron eAviation segment, meanwhile, is focused on the development and manufacture of light aircraft and gliders with electric and combustion engines, as well as other research and development initiatives related to sustainable aviation solutions.

The Finance segment of Textron Inc. provides financing services to customers looking to purchase new and pre-owned aviation aircraft and Bell helicopters. This segment plays a crucial role in supporting the company's other businesses, by providing customers with access to the financing they need to acquire the company's products. With a history dating back to 1923, Textron Inc. is headquartered in Providence, Rhode Island, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol TXT. The company's web URL is https://www.textron.com, and its ISIN is US8832031012, with a classification as a common stock in the Aerospace & Defense sub-industry.