Textron Inc - Company Profile
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Business Description
Textron Inc (Textron) is a provider of aircraft, defense, industrial and finance products and services to the US and international military, government and commercial customers in more than 25 countries.
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R&D Overview
The R&D arm of Textron focuses on the development of various new products in the aerospace and defense market. The company also aims at developing sustainable aviation solutions. It had nine research and development locations around the world. In FY2023, the company incurred an expenditure of US$570 million on R&D, which as a percentage of revenue, stood at 4.1%.
Business Segments
Overview
Supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Also offers commercial helicopters and aftermarket services to private, corporate, law enforcement, utility and emergency medical helicopter operators, public safety and foreign governments. Generates revenue from two sources: Military Aircraft and Support Programs, and Commercial Helicopters, Parts and Services
Performance
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Overview
Develops and manufactures products under two product lines: Kautex and Specialized Vehicles. Major products include pressurized fuel tanks, conventional plastic fuel tanks, clear-vision systems and plastic tanks, golf cars, recreational side-by-side and all-terrain vehicles, off-road utility vehicles, snowmobiles, light transportation vehicles, professional turf-maintenance equipment, aviation ground support equipment, and turf-care vehicles.
Performance
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Overview
Designs, manufactures and sells general aviation aircraft such as Citation jets, Beechcraft King Air and Caravan turboprop aircraft, piston-engine aircraft, and military trainer and defense aircraft. Also provides aftermarket parts’ sales and services. Offers products and services under two categories: Aircraft, and Aftermarket Parts and Services.
Performance
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Overview
Offers unmanned aircraft systems, electronic systems and solutions, advanced marine craft, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles for U.S. and international military, government and commercial customers.
Performance
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Overview
Offers financing services for the purchase of pre-owned and new Textron Aviation aircraft and Bell helicopters.
Performance
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Overview
Manufactures and develops light aircraft and gliders with both electric and combustion engines, and also pursues other research and development initiatives related to sustainable aviation solutions. Includes Pipistrel operations and other research and development initiatives related to sustainable aviation solutions.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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