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Textron

Aerospace, defense, industrial products, financing

Overview

Textron is a diversified industrial group spanning aerospace, defense, industrial manufacturing, and financial services. Its segments include Textron Aviation (Beechcraft, Cessna, Hawker aircraft), Bell helicopters, Textron Systems (unmanned systems and other defense products), and Industrial (components for automotive and aerospace industries), with financing available for buyers of its aircraft and helicopters. Revenue comes from selling aircraft, defense and industrial products, plus aftermarket services like maintenance, repair, overhaul and training. The company differentiates itself through an integrated global network that delivers end-to-end solutions—from design and manufacture to maintenance and financing—for governments, corporations, and individuals, with the goal of keeping air, land, and sea assets ready and capable worldwide.

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About Textron

Simplify's Rating
Why Textron is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingFinancial ServicesAerospaceDefense

Company Size

10,001+

Company Stage

IPO

Headquarters

Providence, RI

Founded

1923

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Simplify's take

What believers are saying

  • October 29, 2026 results lifted adjusted EPS guidance to 6.55-6.65.
  • Third-quarter free cash flow hit 410 million, supporting buybacks and debt markets.
  • Textron priced 350 million of 2032 notes on November 2, funding separation flexibility.

What critics are saying

  • Navy UJTS award slips to 4QFY27, delaying Textron Aviation Defense revenue recognition.
  • MV-75 funding gaps can cut 2026 EPS by 0.20-0.30 and cash flow by 250 million.
  • Industrial separation failure traps capital in a slow-growth business and undermines the breakup thesis.

What makes Textron unique

  • November 2026 UJTS finalist status with Leonardo's M-346N gives Textron trainer credibility.
  • Textron Aviation's 8.0 billion backlog and 51 Citation deliveries show resilient demand.
  • Bell's MV-75 work and Textron Systems armored vehicles diversify defense exposure across programs.

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Funding

Total Funding

$1.9B

Above

Industry Average

Funded Over

3 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Flexible Work Hours
  • Education Assistance
  • Career Development & Training Opportunities
  • Wellness Program
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • Paid Parental Leave
  • Personal Time Off
  • Paid Vacation
  • Paid Holidays

Stock Price

Company News

Yahoo Finance
Nov 6th, 2026
Bell delivers 2,000th 407 helicopter to Canada's White Saddle Air Services

Bell Textron, a Textron Aviation subsidiary, has delivered its 2,000th Bell 407 helicopter. The 407GXi went to White Saddle Air Services, a family-owned operator in British Columbia's Cariboo Chilcotin region. The light single-engine helicopter arrived in 1996 and serves public safety, medical, utility, and corporate operators worldwide. Bell chief executive officer Danny Maldonado called the delivery a "tremendous milestone." In the third quarter, Bell delivered 29 commercial helicopters, down from 30 a year earlier. Twelve were Bell 407s, up from eight. Textron's rotorcraft revenue fell about 9% to $933 million.

AeroHaber
Nov 3rd, 2026
EXCLUSIVE: SNC pulls out of Navy's trainer jet competition.

EXCLUSIVE: SNC pulls out of Navy's trainer jet competition. 4 November 2026, 02:21 published 2min, 44sc PARIS - Sierra Nevada Corporation (SNC) is no longer competing for the Navy's new training jet, Breaking Defense has learned, potentially leaving the service with only one true competitor to pick from. "With great respect for the Navy and PMA-273, SNC could not responsibly bid the UJTS [Undergraduate Jet Training System] program under the current contract structure," SNC said in a statement to Breaking Defense today in response to questions about whether it formally bid on the program by the Oct. 30 deadline. "We do remain committed to naval jet training and stand ready to re-engage if the approach is revisited." Textron Aviation Defense, the only known competitor to SNC, could not immediately be reached for comment about whether it bid for the UJTS program or not. However, if as expected, Textron and its partner Leonardo moved forward with offering the M-346N to the Navy, that would leave it as the de facto winner on the program. The field of competitors for the UJTS program has narrowed in recent months, after Lockheed Martin announced in April it would not submit its offer of the TF-50N with Korea Aerospace Industries for the program. Similarly, Boeing announced in June it also would no longer participate in the competition. Then in September, Breaking Defense reported that Northrop Grumman was dropping off SNC's bid, which was based around a clean-sheet design known as the Freedom. (Stavatti Aerospace, a group that regularly claims to have aerospace designs for every Pentagon contract, has said it submitted a bid on UJTS.) The Navy plans for the UJTS to succeed the service's T-45 Goshawk fleet that first entered the Navy's fleet in the early 1990s to train both Navy and Marine Corps aviators for jet carrier aviation and tactical strike missions. The program office for UJTS told Breaking Defense today that the service stuck to an Oct. 30 deadline for requests for proposals for the program from industry - itself an extension from a previous RFP deadline of June 30. The service also revealed it is slightly pushing back the timeline for awarding a contract on the closely-watched program. While the Navy last said in a September request for proposal (RFP) that it planned to award a contract for the program by June 2027, the service is now estimating it won't do so until sometime between July and the end of September 2027. That's not the first time the award date has been pushed back, and the service originally planned to make a selection in March 2027. The payoff is quicker tech insertion, avoiding vendor lock, and more room for autonomy, sensors, weapons, and mission growth. "The Government is in source selection with the intent to award the UJTS procurement in 4QFY27," the office said. While the T-45 lands on aircraft carriers, the Navy shared in a March RFP that it won't require the new trainer jet to do so. The Navy also said it isn't requiring the new aircraft to support field carrier landing practice (FCLP) to touch down, which seeks to simulate a carrier landing on an airfield runway. Rather, the aircraft must support FCLP to wave off, and the Navy said in the notice that industry should share "unique aircraft simulation capabilities" to train aviators for carrier landings.

Kalkine Media
Nov 2nd, 2026
Textron prices $350M of 5.5% notes due 2032 at 5.545% yield

Textron priced a $350 million offering of 5.5% notes due March 15, 2032, according to a free writing prospectus filed on November 2, 2026. The notes were sold at 99.801% of face value, for a yield of 5.545%. That is 85 basis points over the US Treasury 4.750% note due October 31, 2031. Interest is paid twice a year, starting March 15, 2027. Textron expects ratings of Baa1 from Moody's and BBB from S&P, both stable. Settlement is expected on November 4, 2026. BofA Securities, Citigroup Global Markets, MUFG Securities Americas, SMBC Nikko Securities America, US Bancorp Investments, and Wells Fargo Securities are joint book-running managers.

Yahoo Finance
Nov 1st, 2026
Textron Q3 sales rise 4.1% to $3.75B as EPS beats estimates by 21.8%

Textron met Wall Street's revenue expectations in the third quarter, with sales up 4.1% year on year to $3.75 billion. Adjusted earnings of $1.76 per share beat analysts' consensus of $1.44 by 21.8%. Chief executive officer Lisa Atherton credited higher jet deliveries at Textron Aviation and program execution at Textron Systems. Textron Systems revenue grew 16%, driven by armoured vehicle contracts, including programmes for Ukraine and the US Marine Corps. Textron raised its full-year adjusted earnings guidance to $6.60 per share at the midpoint, up 1.5%. Operating margin was 8.6%, in line with last year. The company remains on track to separate its Industrial segment. Its shares trade at $86.43, up from $78.32 before the results.

Aero-News Network
Oct 31st, 2026
Textron delivers strong quarter, beats wall street estimates.

Textron delivers strong quarter, beats wall street estimates. Sat, Oct 31, 2026 Textron Aviation revenue grew 14% to $1.7 billion driven by 51 Citation jet deliveries. Textron Inc. has reported third quarter 2026 income from continuing operations of $1.56 per share, compared to $1.31 in the third quarter of 2025. "Textron delivered a strong quarter with $3.8 billion of revenue and $1.76 of adjusted EPS (earnings per share), as well as $418 million of manufacturing cash flow before pension contributions," said Textron CEO Lisa M. Atherton. "Higher jet deliveries at Textron Aviation and program execution at Textron Systems drove double-digit revenue growth at each of these segments. Bell continued to make significant operational progress on the MV-75 Cheyenne program." Textron Aviation's revenues were $1.7 billion, up 14%, or $201 million from last year's third quarter, reflecting higher aircraft revenues of $152 million and higher aftermarket parts and services revenues of $49 million. The increase in aircraft revenues was primarily due to higher volume and mix, largely reflecting higher Citation jet volume, partially offset by lower commercial turboprop volume. The increase in aftermarket parts and services revenues was due to higher volume and pricing. Textron Aviation delivered 51 jets in the quarter, compared with 42 in the third quarter of 2025, and 32 commercial turboprops, down from 39 in last year's third quarter. Segment profit was $179 million in the third quarter, up $7 million, or 4% from a year ago, primarily due to higher aircraft and aftermarket volume and mix, partially offset by an unfavorable impact from manufacturing inefficiencies. Textron Aviation backlog at the end of the third quarter was $8.0 billion. Bell revenues were $933 million, down 9%, or $93 million from the third quarter of 2025. The revenue decrease in the quarter was primarily driven by lower military revenues of $59 million, largely due to lower volume on the MV-75 program. Commercial helicopters, parts and services revenues decreased $34 million compared to the third quarter of 2025, largely due to lower volume and mix. Bell delivered 29 commercial helicopters in the quarter, down from 30 in last year's third quarter. Segment profit of $76 million was down $16 million, or 17%, from last year's third quarter, primarily due to lower volume and mix. Bell backlog at the end of the third quarter was $7.6 billion. Photo credit Textron Aviation

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