Textron Inc
NYSE:TXT
Textron Inc
Textron Inc., an American industrial giant founded in 1923 by Royal Little, began its journey as a small textile company. Over the decades, it masterfully evolved into a multi-industry powerhouse, embracing a broad spectrum of businesses. Headquartered in Providence, Rhode Island, the company is now a preeminent player in the aircraft, defense, and industrial products sectors. Textron’s success largely emanates from its impressive diversification, with renowned brands like Bell Helicopter, Cessna Aircraft, Beechcraft, and the Textron Systems leading the charge in aerospace innovation. Its aviation segment, providing private jets for personal and corporate use, is bolstered by a thriving military and commercial helicopter business, enhancing Textron's global reach and prestige.
Moreover, Textron thrives through its industrial segment, which includes the production of specialized vehicles, tools, and equipment. The company's strategy of integrating sophisticated technology across its sprawling portfolio has positioned it favorably in highly competitive markets. Revenue streams are fortified through substantial defense contracts and sales in industrial and aviation sectors that continually place Textron at the forefront of transformation and technological advancement. By leveraging its extensive brand ecosystem and fostering innovation, Textron maintains its reputation as a versatile leader in crafting solutions that cater to an expansive array of customer needs worldwide.
Textron Inc., an American industrial giant founded in 1923 by Royal Little, began its journey as a small textile company. Over the decades, it masterfully evolved into a multi-industry powerhouse, embracing a broad spectrum of businesses. Headquartered in Providence, Rhode Island, the company is now a preeminent player in the aircraft, defense, and industrial products sectors. Textron’s success largely emanates from its impressive diversification, with renowned brands like Bell Helicopter, Cessna Aircraft, Beechcraft, and the Textron Systems leading the charge in aerospace innovation. Its aviation segment, providing private jets for personal and corporate use, is bolstered by a thriving military and commercial helicopter business, enhancing Textron's global reach and prestige.
Moreover, Textron thrives through its industrial segment, which includes the production of specialized vehicles, tools, and equipment. The company's strategy of integrating sophisticated technology across its sprawling portfolio has positioned it favorably in highly competitive markets. Revenue streams are fortified through substantial defense contracts and sales in industrial and aviation sectors that continually place Textron at the forefront of transformation and technological advancement. By leveraging its extensive brand ecosystem and fostering innovation, Textron maintains its reputation as a versatile leader in crafting solutions that cater to an expansive array of customer needs worldwide.
Strong Q4/FY Results: Textron posted Q4 revenue up 16% and segment profit up 34%, with adjusted EPS of $1.73. Full-year revenue grew 8% and segment profit rose 14%, with adjusted EPS of $6.10.
Aviation Strength: Aviation segment revenue jumped 36% in Q4 and 13% for the year, driven by higher aircraft deliveries and aftermarket growth. Backlog stands at $7.7 billion.
Bell Military Acceleration: Bell saw 20% full-year military revenue growth for a second year, supported by the rapid ramp-up of the MV-75 program.
2026 Outlook: Textron guides for 2026 revenue of ~$15.5 billion (up 4.5%), adjusted EPS of $6.40–$6.60, and manufacturing cash flow of $700–$800 million, with elevated CapEx for the MV-75 program.
Portfolio Update: Continued focus on growth investments, vertical integration, and ongoing portfolio optimization, including divesting the Powersports business.
MV-75 Program Acceleration: Army's push has pulled the program forward by 2–3 years, moving production and revenue earlier than planned.
