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Blue Chip Growth

Stock Report: Textron Inc. (TXT) Report Updated: Sep 01, 2014 | Print This Page

Textron Inc.© quotemedia

Company Profile

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. Its Cessna segment manufactures business jets, single engine utility turboprops, single engine piston aircraft, lift solutions, and parts, as well as maintenance, inspection, and repair services. The company’s Bell segment manufactures and supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Its Textron Systems segment produces armored security vehicles, marine craft, precision weapons, and airborne and ground-based surveillance systems and services; unmanned aircraft systems; training and simulation systems, and countersniper devices; and intelligence and situational awareness software. The company’s Industrial segment offers blow-molded plastic fuel systems, windshield and headlamp washer systems, engine camshafts, catalytic reduction systems, other parts, plastic bottles, and containers; powered equipment, electrical test and measurement instruments, hand and hydraulic powered tools, and electrical and fiber optic assemblies primarily used in the electrical construction and maintenance, plumbing, wiring, telecommunications, and data communications industries; and golf cars, professional turf-maintenance equipment, as well as off-road, multipurpose utility, and specialized turf-care vehicles sold to golf courses, resort communities, municipalities, sporting venues, and commercial and industrial users. Its Finance segment provides finance for purchase of aircraft, helicopters, and golf and turf-care equipment, as well as pre-owned aircraft and helicopters. The company sells its products through a network of sales representatives, distributors, and authorized independent sales representatives, as well as directly to end users, home improvement retailers, and original equipment manufacturers. Textron Inc. was founded in 1923 and is headquartered in Providence, the Rhode Island.

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