Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative products and services around the world. The company operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. Textron Aviation is a leader in general aviation, manufacturing, selling, and servicing Cessna and Beechcraft aircraft. Bell is a leading supplier of military and commercial helicopters and tiltrotor aircraft. Textron Systems develops products and services for defense, homeland security, and aerospace. The Industrial segment designs and manufactures products within the Kautex and Specialized Vehicles product lines. Textron eAviation includes Pipistrel, a manufacturer of light aircraft. The Finance segment provides financing primarily to purchasers of Textron Aviation aircraft and Bell helicopters.

• Employees: Approximately 35,000 (as of December 30, 2023)
• Geographic Footprint: Operates in multiple countries with plants in the U.S. and outside the U.S.
• Headquarters: Providence, RI
• Founded: Not explicitly stated in the 10K
• Number of locations/facilities: 56 plants in the U.S. and 44 plants outside the U.S.
• Revenue: $13.7 billion (FY2023)
• Market Capitalization: Approximately $13.3 billion (as of July 1, 2023)
• Key Subsidiaries/Brands: Cessna, Beechcraft, Hawker, Bell, Kautex, E-Z-GO, Arctic Cat, Pipistrel, Lycoming

• CEO: Scott C. Donnelly
• CFO: Frank T. Connor
• Chief Human Resources Officer: Julie G. Duffy
• General Counsel, Secretary and Chief Compliance Officer: E. Robert Lupone

Scott C. Donnelly has served as CEO since December 2009 and Chairman since September 2010. Frank T. Connor joined Textron in August 2009. Julie G. Duffy was named Executive Vice President, Human Resources in July 2017 and Executive Vice President and Chief Human Resources Officer in April 2022. E. Robert Lupone joined Textron in February 2012.

• Annual Revenue: $13.7 billion (FY2023)
• Net Income: $921 million
• Market Cap: $13.3 billion (as of July 1, 2023)
• Total Assets: $16.9 billion
• Employees: Approximately 35,000 (as of December 30, 2023)
• Key Financial Highlights: Revenues increased by 6% and segment profit increased by 17% compared to 2022. Backlog increased 5% to $13.9 billion.

Textron's main product categories and service lines include:

• Textron Aviation: Business jets, turboprop aircraft, military trainer and defense aircraft, piston engine aircraft, and aftermarket parts and services.
• Bell: Military and commercial helicopters, tiltrotor aircraft, and related spare parts and services.
• Textron Systems: Electronic systems and solutions, advanced marine craft, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, unmanned aircraft systems, and both manned and unmanned armored and specialty vehicles.
• Industrial: Plastic fuel systems for automobiles and light trucks, clear-vision systems, plastic tanks for selective catalytic reduction systems, battery systems, golf cars, off-road utility vehicles, powersports products, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment and specialized turf-care vehicles.
• Textron eAviation: Light aircraft and gliders with both electric and combustion engines.
• Finance: Financing for purchasers of Textron Aviation aircraft and Bell helicopters.

Textron's operations are divided into six segments:

• Textron Aviation: 39.3% of total revenues in 2023.
• Bell: 23.0% of total revenues in 2023.
• Textron Systems: 9.0% of total revenues in 2023.
• Industrial: 28.1% of total revenues in 2023.
• Textron eAviation: 0.2% of total revenues in 2023.
• Finance: 0.4% of total revenues in 2023.

Textron's strategic priorities include developing new products and technologies, expanding its global presence, and enhancing operational efficiency. Key initiatives include the development of sustainable aviation solutions, investment in research and development, and cost-reduction activities. The company aims to grow revenues and segment profit by focusing on customer needs and market trends. Textron is also focused on maintaining a diverse workforce and inclusive workplaces.

• Key strategic initiatives include the Citation Ascend and Beechcraft Denali aircraft development.
• Growth drivers include new product launches and international expansion.
• Investment priorities include research and development for sustainable aviation.

Textron operates in the aerospace, defense, industrial, and finance industries. The company faces competition from other aerospace and defense companies, as well as from manufacturers of industrial products and providers of financial services. Key market trends include increasing demand for sustainable aviation solutions, the cyclical nature of the aircraft market, and the impact of government spending on defense programs. Textron's market position varies across its different segments, with leadership positions in general aviation and military helicopters.

• Primary Industry: Aerospace, Defense, Industrial, and Finance
• Key Competitors: Not explicitly listed in the 10K
• Market Trends: Demand for sustainable aviation, cyclical aircraft market, government spending on defense.

• Aerospace and Defense Industry Risks: Cyclical demand for aircraft products and potential reductions in U.S. government defense spending.
• U.S. Government Contracts: Risks associated with government contracts, including termination, modification, and unfavorable provisions.
• Strategic Risks: Risks associated with developing new products and technologies, and the potential for acquisitions to increase business risks.
• Business and Operational Risks: Risks arising from global macroeconomic conditions, cybersecurity threats, and challenges faced by subcontractors or suppliers.
• Financial Risks: Risks associated with collecting on finance receivables and the availability of financing on satisfactory terms.