Textron Inc.

Company Snapshot

Founded: 1923
Entity Type: Public
Employees: 34,000
Region: U.S.
Revenue: $13,702.0 Millions
Revenue Year: 2024
Headquarter: Rhode Island, U.S.
Key Geographics: U.S., Europe
Corporate Address: 40 Westminster Street, Providence, Rhode Island 02903 U.S. Tel. +1-401-421-2800 www.textron.com

Company Overview

Textron is a conglomerate of companies active in the areas of aviation, defense supplies, specialized vehicles, helicopters, mowers, simulation, industrial machinery and financial services.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Textron Inc. In Reports

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Drone Technology and Global Markets

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Drone Technology and Global Markets

The global market for drone technology is expected to grow from $30.0 billion in 2020 to $54.6 billion by 2025 with a compound annual growth rate (CAGR) of 12.7% for the period of 2020-2025.

Company's Business Segments

  • Textron Aviation : This segment includes Aircraft , Aftermarket Parts and Services.
  • Bell : This segment includes Military Aircraft and Support Programs, Commercial Helicopters, Parts and Services.
  • Textron Systems : Textron Systems segment Develop, Manufacture and Integrate a variety of products and services for U.S. and international Military, Government and Commercial Customers.
  • Industrial : This segment includes Fuel Systems and Functional Components, Specialized Vehicles.
  • Textron eAviation : Textron eAviation segment includes Pipistrel, a Manufacturer of Light Aircraft, along with other Research and Development initiatives related to sustainable Aviation Solutions.
  • Finance : Finance segment includes Commercial Finance Business that consists of Textron Financial Corporation (TFC) and its Consolidated Subsidiaries.

Applications/End User Industries

  • Aviation
  • Aircraft
  • Military Aircraft
  • Military
  • Commercial Helicopters
  • Light Aircraft
  • Aerospace and Defence
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