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Textron

Providence, Rhode Island, United States · Manufacturing

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO and Textron Systems.

Key facts

Headquarters
Providence, Rhode Island, United States
Employees
26,701
Industries
Manufacturing
Status
Public (TXT)
Website
www.textron.com
LinkedIn
Company page

Recent activity at Textron

  • : SEC 8-K (8.01): On November 4, 2026, Textron Inc. issued and sold $350,000,000 principal amount of its 5.500% Notes due March 15, 2032. The issuance of these Notes was conducted under its Registration Statement on Form S-3 and was preceded by an Underwriting Agreement dated November 2, 2026, involving BofA Securities, Inc. and Citigroup Global Markets Inc. as managers. The legal documentation includes opinions and various certificates established pursuant to the Indenture of September 10, 1999. This financing allows Textron to manage its capital structure effectively, potentially supporting future strategic initiatives or operational enhancements.
  • : Textron Names Brian Rohloff as President and CEO of Textron Aviation
  • : SEC 8-K (8.01): On April 30, 2026, Textron announced its intent to separate its Industrial segment, which includes Kautex and Textron Specialized Vehicles, from its core aerospace and defense businesses. This strategic move aims to enhance operational focus and drive long-term value for stakeholders. The separation is planned to be executed through multiple paths, including a potential sale or a tax-free separation into a standalone publicly traded company, with a targeted completion timeframe of 12 to 18 months. The execution of this plan is dependent on obtaining necessary regulatory approvals and the final approval of Textron's Board of Directors, highlighting the uncertainty and complexities of the transaction.
  • : SEC 8-K (5.02): On January 30, 2026, Textron Inc.'s Board of Directors elected Cristina Méndez as a new board member, effective February 15, 2026. Ms. Méndez currently holds the position of Executive Vice President and Chief Financial Officer of Otis Worldwide Corporation, overseeing substantial financial functions. She will join Textron’s Director Compensation Program and has been awarded a standard Directors Indemnity Agreement to protect her in her service as a director. The Board confirmed her independence under the New York Stock Exchange’s standards and recognized her as an 'audit committee financial expert.' The appointment reflects Textron's strategic intent to enhance governance and financial oversight.
  • : SEC 8-K (8.01): On October 31, 2025, Textron Inc. issued and sold $500,000,000 principal amount of its 4.950% Notes due March 15, 2036. This transaction occurred under its Registration Statement on Form S-3, supported by a Prospectus Supplement dated October 28, 2025. The underwriting for this offering was managed by Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC, reflecting strategic efforts to enhance capital structure and liquidity. The financial instruments established via this transaction will affect Textron's financial position, aiding in future project funding and operational flexibility.
  • : Textron Appoints Lisa Atherton as President and CEO
  • : SEC 8-K (5.02): On October 22, 2025, Textron Inc. appointed Lisa M. Atherton as the President and Chief Executive Officer, effective January 4, 2026, succeeding Scott C. Donnelly who will transition to Executive Chairman. Ms. Atherton has been with the company since 2007, most recently serving as President and CEO of the Bell segment. In connection with her appointment, she will earn an annual base salary of $1.3 million and a target annual incentive of 150% of her salary, along with a long-term incentive compensation award targeting $10 million for 2026. Ms. Atherton will also have enhanced severance terms under the Textron Severance Plan, reflecting her role in the company governance.
  • : SEC 8-K (1.01):
  • : SEC 8-K (8.01): On October 16, 2025, Textron Inc. announced a plan to eliminate Textron eAviation as a separate reporting segment by integrating its activities into other segments, effective January 4, 2026. This move aims to enhance operational efficiencies by incorporating areas like Pipistrel into Textron Aviation for better synergy in development and sales. Additionally, Textron eAviation's defense products will be transferred to the Textron Systems segment to foster closer customer engagement. The transition will be captured in the subsequent quarterly filings, with prior segment data being adjusted to align with the new structure. This strategic realignment reflects Textron's focus on optimizing resource allocation and improving reporting clarity.
  • : SEC 8-K (1.01): On October 16, 2025, Textron Inc. entered into a senior unsecured revolving credit facility (referred to as the Facility Agreement) with various lenders and JPMorgan Chase Bank, N.A. serving as the Administrative Agent, in an initial aggregate principal amount of $1.0 billion. Textron retains the option to increase the total commitments up to $1.3 billion if additional lenders are designated or existing lenders agree to increase their commitments. This Facility Agreement will expire on October 16, 2030, with the possibility of extending for up to two additional one-year periods at Textron's discretion. This strategic financial arrangement may enhance Textron's liquidity and operational flexibility over the coming years.

Leadership

  • Brian Rohloff, President
  • Lisa Atherton, President

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Employee benefit plans

Textron files 31 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

Textron in the news

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About Textron: questions and answers

What does Textron do?

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO and Textron Systems.

Where is Textron headquartered?

Textron is headquartered in Providence, Rhode Island, United States.

How many employees does Textron have?

Textron has about 26,701 employees.

Who leads Textron?

Brian Rohloff is a President at Textron.

What is the latest news on Textron?

On Nov 04, 2026, SEC 8-K (8.01): On November 4, 2026, Textron Inc. issued and sold $350,000,000 principal amount of its 5.500% Notes due March 15, 2032. The issuance of these Notes was conducted under its Registration Statement on Form S-3 and was preceded by an Underwriting Agreement dated November 2, 2026, involvi

Is Textron a public company?

Yes. Textron is publicly traded under the ticker TXT.

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