TEXTRON: WHO WE ARE

Textron started as a small textile company in 1923, when 27-year-old Royal Little founded the Special Yarns Corporation in Boston. Sales that first year were just $75,000. In nearly 100 years, that company has grown into a highly successful multi-industry enterprise recognized around the world for our network of powerful brands, such as Bell, Cessna, Beechcraft, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems and TRU Simulation + Training.

Through decades of innovation, our talented people have launched many firsts and best-in-class products in our industries. The Bell-Boeing V-22 Osprey, the world’s first production tiltrotor aircraft, the Cessna X/X+, which established the world’s fastest general aviation speed record over a recognized course, and the E-Z-GO ELiTE series golf car, the first golf car with lithium battery technology at fleet scale, are just some examples of how we anticipate our customers’ needs and deliver unmatched solutions and services.

Our product highlights video showcases our diverse product portfolio. View how we are powering possibilities and reaching for new heights every day with our family of renowned products.

OUR BUSINESS SEGMENTS

We conduct our business through five operating segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance.

• Textron Aviation is home to the Beechcraft and Cessna aircraft brands and is a leader in general aviation through two principal lines of business: aircraft and aftermarket. Textron Aviation manufactures, sells and services business jets, turboprop and piston aircraft and special mission and military aircraft.
• Bell is one of the leading suppliers of military and commercial helicopters, tiltrotor aircraft and related spare parts and services in the world.
• Textron Systems’ product lines consist of unmanned systems, advanced marine craft, armored vehicles, intelligent software solutions, piston engines, simulation, training and other defense and aviation mission support products and services.
• Our Industrial segment offers two main product lines: fuel systems and functional components produced by Kautex and specialized vehicles, such as golf cars, recreational and utility vehicles, aviation ground support equipment and professional mowers, manufactured by the Textron Specialized Vehicles businesses.
• The Finance segment provides financing solutions to purchasers of Textron products, primarily Textron Aviation aircraft and Bell helicopters.

The day-to-day operations of our businesses are conducted through various subsidiaries and operating divisions while oversight, direction and assistance are provided by Textron’s Corporate Office consistent with sound governance practices. For more details about our structure, governance, leadership and financial performance, refer to www.textron.com, the Textron 2020 Annual Report or the Textron 2020 Fact Book.