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Textron Inc
74.41
4.51 (6.45%)
Volume: 4,537,801
Day Range: 72.75 - 75.97
Last Trade Time: 5:12:53 PM EST
Total Trades: 60,244
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Followers
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10
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Posters
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Posts (Today)
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0
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Posts (Total)
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277
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Created
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07/21/06
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Type
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Free
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40 Westminster Street
Providence, RI 02903
United States
Phone: 401-421-2800
Fax: 401-421-2878
Web Site: http://www.textron.com
DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Conglomerates
Industry: Conglomerates
Full Time Employees: 42,000
BUSINESS SUMMARY
Textron, Inc. operates in the aircraft, industrial, and finance industries worldwide. It operates through four segments: Bell, Cessna, Industrial, and Finance.
The Bell segment
manufactures and supplies helicopters, tiltrotor aircraft, and helicopter-related spare parts and services for both military and commercial applications.
It also manufactures precision weapons; airborne and ground-based surveillance systems; intelligence and situational awareness software;
armored vehicles and turrets; reciprocating piston aircraft engines; and aircraft and missile control actuators, valves, and related components for the defense,
aerospace, and general aviation markets.
The Cessna segment
manufactures general aviation aircraft, such as business jets, single engine turboprops, and single engine piston aircraft,
as well as provides aftermarket services.
The Industrial segment
designs and manufactures blow-molded fuel systems and other blow-molded parts primarily for automobile original equipment
manufacturers. It offers metal fuel fillers and engine camshafts for the automotive market; bottles and plastic containers for food, household,
laboratory and industrial uses; and blow-molded fuel systems for the all-terrain vehicle and watercraft markets.
This segment also designs and manufactures products related to gear technologies, industrial pumps, polymer systems, and hydraulics; powered equipment,
electrical test and measurement instruments, hand and hydraulic powered tools; golf cars and off-road utility vehicles powered by electric
and internal combustion engines; and turf-maintenance equipment and turf-care vehicles.
The Finance segment
provides aircraft finance, asset-based lending, distribution finance, golf finance, resort finance, and structured capital.
The company sells its products through a network of sales representatives, distributors, and authorized independent sales representatives.
Textron was founded in 1923 and is based in Providence, the Rhode Island.
Vision and Strategy
Textron's vision is to become the premier multi-industry company, recognized for our network of powerful brands, world-class enterprise processes and talented people.
Our strategy is to create superior shareholder value by building world-class competencies in:
Enterprise Management - building, deploying and leveraging world-class operating capabilities through a focus on customers, people and processes.
Portfolio Management - identifying, selecting, acquiring and integrating the right mix of businesses that will drive higher performance while benefiting from our Enterprise Management capabilities.
Enterprise Management
This element of our strategy has three facets:
making our customers successful;
attracting and developing talented people;
implementing world-class processes to enhance productivity and innovation.
Indeed, "customers, people, process" has become a Textron mantra.
Our performance will be only as good as our commitment and ability to help customers succeed.
And we will only help customers succeed if we have the right people and processes in place.
Textron Inc. is a $14.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees.
The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to
provide customers with innovative solutions and services.
Bell(19% of revenues), Cessna (38% ), Defense and Intelligence (10%), The Industrial segment (26%), Finance(7%)
Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation.
Latest Shares Outstanding: 241.1 mil
Float: 240.4 mil
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