The table below lists the 2022 talent peer group companies and Textron showing fiscal 2021 revenues. The 2022 talent peer group was referenced in setting target direct compensation for 2023. 2022 Talent Peer Group Company Name Industry 2021 Revenue ($ in billions) General Dynamics Corporation Aerospace and Defense $38.5 Northrop Grumman Corporation Aerospace and Defense $35.7 Honeywell International Inc. Industrial Conglomerate $34.4 Eaton Corporation Plc Electrical Equipment $19.6 Lear Corporation Auto Components $19.3 Emerson Electric Co. Electrical Equipment $18.2 L3Harris Technologies, Inc. Aerospace and Defense $17.8 The Goodyear Tire & Rubber Company Auto Components $17.5 BorgWarner Inc. Auto Components $14.8 Illinois Tool Works Inc. Machinery $14.5 Parker-Hannifin Corporation Machinery $14.3 Oshkosh Corporation Machinery $7.7 KBR, Inc. Technology/Engineering $7.3 Rockwell Automation Inc. Electrical Equipment $7.0 Spirit AeroSystems Holdings, Inc. Aerospace and Defense $4.0 Terex Corporation Machinery $3.9 Textron Inc. Aerospace and Defense $12.4 ($ in billions) $19.4 $16.2 $7.6 75th Percentile Median 25th Percentile 28 TEXTRON 2024 PROXY STATEMENT
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