Textron

Textron Inc. is an equity in the USA market. The price is 77.24 USD currently with a change of -0.14 USD (-0.00%) from the previous close. The latest open price was 77.45 USD and the intraday volume is 239,645. The intraday high is 77.8 USD and the intraday low is 77.01 USD. The latest trade time is Friday, August 8, 16:32:03 UTC.

Textron Inc. is a diversified global conglomerate headquartered in Providence, Rhode Island. It has a workforce of approximately 34,000 employees operating across more than 25 countries. Established in 1923, Textron has evolved from a small New England business into a $13.7 billion company, renowned for its innovative products and services in various sectors.

Business Segments and Offerings

Textron's operations are organized into several key business segments:

• Textron Aviation: This segment encompasses the Beechcraft, Cessna, and Hawker aircraft brands, leading the general aviation industry. Textron Aviation designs, manufactures, and services business jets, turboprop and piston aircraft, as well as special mission and military aircraft.
• Bell: Bell is a prominent manufacturer of military and commercial helicopters, tiltrotor aircraft, and related parts and services. The company is recognized for its advanced rotorcraft technologies and has a significant presence in both defense and commercial aviation sectors.
• Textron Systems: This division develops and integrates products and services for military, government, and commercial customers, focusing on defense, homeland security, aerospace, and other missions. Offerings include electronic systems, advanced marine craft, unmanned aircraft systems, and both manned and unmanned armored and specialty vehicles.
• Industrial: The Industrial segment includes Kautex, a leader in designing and manufacturing plastic fuel systems for automobiles and light trucks, and Textron Specialized Vehicles which offers products under brands like E-Z-GO, Arctic Cat, and Jacobsen. These products range from golf cars and off-road utility vehicles to professional turf-maintenance equipment.
• Finance: Textron Financial Corporation provides financial services to support the purchase of Textron products, facilitating customer acquisition and retention.

Global Presence

Textron's global footprint includes operations in the Americas, Asia-Pacific, Europe, and the Middle East. The company maintains a strong presence in key locations, including:

• Providence, Rhode Island
• Fort Worth, Texas
• Wichita, Kansas
• Bonn, Germany
• New Orleans, Louisiana
• Indianapolis, Indiana

Recent Developments

In March 2022, Textron agreed to acquire Pipistrel, a Slovenian manufacturer of light aircraft, to enhance its capabilities in electric aviation. The acquisition was completed in April 2022, with Pipistrel continuing as a brand under Textron's portfolio.

Textron's diverse portfolio and global operations underscore its commitment to innovation and excellence across multiple industries. It delivers a wide range of products and services that meet the evolving needs of its customers worldwide.