CtrlK
TXT
NYSE
Aerospace & Defense
$90.15
USD
-$1.07 (-1.17%)
Last close
Market Cap:
$15.86B
Volume:
1.6M
Previous Close
$91.22
Day Range
$88.84 - $91.98
52 Week Range
$75.80 - $101.57
Average Volume (10 Days)
2M
P/E Ratio
17.22
Dividend Yield
0.11%
Textron, Inc. is a multi-industry company, which leverages a global network of aircraft, defense, industrial, and finance businesses to customers. The company is headquartered in Providence, Rhode Island and currently employs 34,000 full-time employees. The firm's segments include Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. Textron Aviation segment manufactures, sells and services Cessna and Beechcraft aircraft, and services the Hawker brand of business jets. Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems segment offers electronic systems and solutions, advanced marine craft, piston aircraft engines, and others. Industrial segment designs and manufactures a variety of products within the Kautex and Specialized Vehicles product lines. Textron eAviation segment includes Pipistrel, a manufacturer of light aircraft, along with other research and development initiatives related to sustainable aviation solutions.
CEO
Mr. Scott Donnelly
Headquaters
Providence, RHODE ISLAND, US
Founded
1947
Employees
34,000
Textron delivered strong Q1 results with revenue up 12% to $3.7 billion and adjusted earnings per share up 13% to $1.45, beating analyst expectations. Alongside the earnings beat, management announced plans to separate the Industrial segment (Kautex and Specialized Vehicles) through either a sale or tax-free spin-off within 12–18 months, creating a pure-play aerospace and defense company with higher growth and margins.
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Textron delivered a strong Q1 2026, beating analyst expectations with revenue up 12% to $3.7 billion and adjusted EPS up 13% to $1.45. The company announced it will separate its $3 billion Industrial segment (Kautex and E-Z-Go) within 12–18 months through either a sale or spin-off, creating a pure-play aerospace and defense company with $12 billion in annual revenue, higher margins, and a $19.2 billion backlog.
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