Textron Inc. consists of numerous subsidiaries and operating divisions which may be referred to on this website as Textron businesses, business units or operating units. The subsidiaries are charged with the day-to-day responsibility for their operations and are separate and distinct legal entities. The operating divisions are also separately managed with regard to day-to-day operations. Textron Inc., through its Corporate Office, provides oversight, broad direction and assistance when necessary to its business units consistent with legal requirements and sound and generally accepted corporate governance practices.
Bell Textron Inc. (“Bell”) is a wholly-owned subsidiary of Textron Inc. Bell consists of several subsidiaries and operating divisions. The Textron Systems group of businesses includes TRU Simulation + Training Inc. and Avco Corporation (“Avco”), each of which is an indirect wholly-owned subsidiary of Textron Inc.; Textron Systems Corporation, an indirect wholly-owned subsidiary of Avco, which has various subsidiaries and other operations; and Lycoming Engines, an operating division of Avco. Textron Aviation Inc., which has various subsidiaries, is wholly-owned by Textron Inc. Kautex conducts its business through a number of separately incorporated companies and other operations. Textron Specialized Vehicles Inc. is a wholly-owned subsidiary of Textron Inc., and E-Z-GO and Jacobsen are both operating divisions of Textron Inc. Textron Financial Corporation (“Textron Financial”) is a wholly-owned subsidiary of Textron Inc. Textron Financial consists of several subsidiaries and operating divisions.