Textron (NYSE:TXT) is a diversified industrial conglomerate headquartered in Providence, Rhode Island, with a history dating back to 1923 when it was founded as Special Yarns Corporation. Over the decades, the company has evolved through strategic acquisitions and organic growth into a global leader in aerospace, defense, and specialized industrial products. Operating under brands such as Bell, Cessna, Beechcraft, Lycoming, Kautex, E-Z-GO, Arctic Cat and Textron Systems, the company serves a broad spectrum of commercial, government and consumer markets.
In its aerospace segment, Textron designs and manufactures helicopters, business jets and piston engines. Bell helicopters are prominent in both civilian and military applications, while Cessna and Beechcraft aircraft include light jets, turboprops and piston-powered airplanes for corporate, charter and private operators. Lycoming engines power an extensive portion of the fixed-wing fleet around the world, supporting flight training, air ambulance, charter and recreational flying.
The defense and industrial technologies arm, Textron Systems, develops unmanned aerial vehicles, armored vehicles, naval craft and precision weapons systems for domestic and allied militaries. In the specialized industrial division, Kautex produces automotive fuel systems, glass containers and blowing equipment, while E-Z-GO and Arctic Cat supply recreational and utility vehicles including golf cars, side-by-side off-road vehicles and snowmobiles. These offerings are complemented by hydraulics, automation solutions and parts distribution networks serving customers across multiple sectors.
Textron operates in over 25 countries and maintains a presence in North America, Europe, the Middle East, Africa and Asia Pacific, leveraging a global manufacturing and service footprint. Under the leadership of Chairman, President and Chief Executive Officer Scott C. Donnelly, the company emphasizes innovation, operational efficiency and sustainable growth. With a history of disciplined capital allocation and continuous investment in research and development, Textron remains focused on expanding its product portfolio and enhancing customer support worldwide.
