Aerospace & Defense Industry | Industrials Sector | Mr. Scott C. Donnelly CEO | XDUS Exchange | US8832031012 ISIN |
US Country | 35,000 Employees | 13 Sep 2024 Last Dividend | - Last Split | 24 Oct 1984 IPO Date |
Textron Inc. is a global conglomerate that operates across diverse sectors including aircraft, defense, industrial, and finance. With its inception in 1923, Textron has established itself as a leader in each of these sectors through a wide range of products and services catered to a global clientele. Headquartered in Providence, Rhode Island, Textron's operations are spread across multiple segments, namely Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance, leveraging its vast expertise to deliver innovative solutions and services worldwide.
This segment focuses on the manufacture, sale, and service of business jets, turboprop and piston engine aircraft, alongside military trainer and defense aircraft. Textron Aviation also offers comprehensive maintenance, inspection, repair services, and commercial parts sales, catering to both the civil and defense aviation markets.
Bell specializes in the provision of military and commercial helicopters, tiltrotor aircraft, and the associated spare parts and services. Its offerings are essential in both defense and civil sectors, providing innovative aerial solutions that adhere to the highest standards of safety and performance.
This segment serves a variety of needs with its unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military training exercises, as well as weapons and related components. Textron Systems also produces armored and specialty vehicles, highlighting its versatile capabilities in defense technology and equipment.
The Industrial segment of Textron offers an array of products including blow-molded solutions like plastic fuel tanks for both conventional and hybrid vehicles, clear-vision systems, reduction systems tanks, and battery housing for electric vehicles. It serves automobile OEMs with necessary components while also providing golf cars, off-road utility vehicles, and professional turf-maintenance equipment for various commercial and industrial uses.
Emphasizing sustainable aviation, Textron eAviation is involved in the manufacturing and sale of light aircraft and gliders powered by both electric and combustion engines. This segment is dedicated to pioneering research and development initiatives focused on advancing sustainable aviation solutions.
Tailored to support purchases of new and pre-owned aviation aircraft and Bell helicopters, the Finance segment of Textron offers specialized financing services. These services enable customers to acquire cutting-edge aviation solutions, demonstrating Textron's commitment to facilitating the growth of the aviation industry.