Company Profile For Textron Inc.

Textron Inc. (TXT.N) (New York Stock Exchange)
sector: Industrials · industry: Industrial Conglomerates ·
As of  23 Nov 2009
20.09USD
Price Change
+0.45
Percent Change
+2.29%
 
 
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Overview

Textron Inc. is a multi-industry company with a global network of aircraft, defense, industrial and finance businesses to provide customers with solutions and services around the globe. The Company operates its business through five operating segments. Four of the Company’s operating segments represent its manufacturing businesses: Cessna, Bell, Textron Systems and Industrial. The fifth segment consists of its Finance business. Cessna has four major product lines: Citation business jets, Caravan single engine turboprops, Cessna single engine piston aircraft and aftermarket services. Textron Systems provides products to the defense, aerospace and general aviation markets. The Industrial segment includes the Company’s Kautex, Greenlee, E-Z-GO and Jacobsen businesses. Finance segment consists of Textron Financial Corporation, a diversified commercial finance company. In April 2009, it completed the sale of HR Textron to Woodward Governor Company.

Quick Financial Synopsis

BRIEF: For the nine months ended 3 October 2009, Textron Inc.'s revenues decreased 27% to $7.69B. Net loss from continuing operations totaled $13M vs. an income of $680M. Revenues reflect a decrease in income from Cessna, lower revenue from Textron Systems and decreased revenue from Industrial segment. Net loss reflects the presence of special charges and an increase in provision for losses on finance receivables.

Company Address

Textron Inc.
40 Westminster Street
Providence   RI   02903
P: +1401.4212800
F: +1401.4212878

Total Employees

43000

Find Out More About TXT.N

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