Textron 2002 Annual Report Introduction Letter to Shareholders Action & Results Textron at a Glance Financials
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Textron Inc. (NYSE: TXT) is an $11 billion multi-industry company with approximately 49,000 employees in 40 countries. The company leverages its global network of businesses to provide customers with innovative solutions and services in industries such as aircraft, fastening systems, industrial products and components, and finance. Textron is known around the world for its powerful brands, such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

Aircraft Aircraft
Includes
Bell Helicopter, an international leader in vertical takeoff and landing aircraft for the commercial and military markets, and Cessna Aircraft Company, the world’s largest manufacturer of light and mid-size business jets, utility turboprops, and single-engine piston aircraft. This segment also includes Lycoming, a manufacturer of piston aircraft engines and replacement parts for the general aviation market.

Fastening Systems Fastening Systems
Textron Fastening Systems is an integrated fastening solutions provider, offering design, engineering, manufacturing and logistics solutions that improve the efficiency of customers’ manufacturing processes. Textron Fastening Systems serves the automotive, telecommunications, aerospace, electronics, construction and transportation markets.

Industrial Components Industrial Components
Includes
Kautex, leading global supplier of automotive plastic fuel tank systems and blow-molded functional components; Textron Fluid Handling Products, producer of pumps and systems used in the plastics, chemical, refining, oil and gas, power generation and pharmaceutical industries; and Textron Power Transmission, manufacturer of mechanical power transmission components and systems for the industrial, mining, mobile equipment and transportation markets.

Industrial Products Industrial Products
Includes
E-Z-GO, the #1 golf car manufacturer in the world; Greenlee, leading manufacturer of products for wire and cable installation and maintenance in residential, commercial and industrial facilities; Tempo, maker of tools and test instruments for the communications market; Jacobsen, maker of professional mowing and turf maintenance equipment, and multi-purpose turf trucks for the worldwide golf, municipal, commercial and sports markets; OmniQuip, producer of telescopic material handlers for the light construction market; and Textron Systems, manufacturer of advanced systems for the defense and aerospace markets.

Finance Finance
Textron Financial is a diversified commercial finance company with core operations in aircraft finance, asset-based lending, distribution finance, golf finance, resort finance and structured capital. Textron Financial also provides financing programs for products manufactured by Textron Inc. Other services and products include transaction syndications, equipment appraisal and disposition, portfolio servicing and insurance brokerage.

FinancialsTextron at a GlanceAction & ResultsLetter to ShareholdersIntroduction