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Textron Inc. is a multi-industry company known for its diverse operations across several segments, including aviation, defense, and industrial products. The company manufactures a range of products such as Cessna and Beechcraft aircraft, military and commercial helicopters, and specialized vehicles, while also providing financing solutions for its aviation and helicopter products . Textron is committed to innovation, particularly in sustainable aviation solutions through its eAviation segment .
- Textron Aviation - Leads in general aviation by manufacturing Cessna and Beechcraft aircraft.
- Industrial - Designs and manufactures automotive and specialized vehicles, including Kautex and Specialized Vehicles.
- Bell - Produces military and commercial helicopters and tiltrotor aircraft.
- Textron Systems - Focuses on defense products, including unmanned systems and armored vehicles.
- Textron eAviation - Develops sustainable aviation solutions, including electric aircraft.
- Finance - Provides financing solutions primarily for Textron Aviation and Bell products.
Name | Position | External Roles | Short Bio | |
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Scott C. Donnelly ExecutiveBoard | Chairman, President, and CEO | Board Member at Medtronic plc | Joined Textron in 2008 as EVP & COO; became CEO in 2009 and Chairman in 2010. Previously President & CEO of GE Aviation. Extensive experience in aerospace and defense. | View Report → |
David Rosenberg Executive | VP, Investor Relations (CFO effective Mar. 1, 2025) | None | Joined Textron in 2014 after Beechcraft acquisition. Led integration of Beechcraft and Cessna into Textron Aviation. Former CFO of Textron Aviation. | |
E. Robert Lupone Executive | EVP, General Counsel, Secretary, and CCO | None | Joined Textron in 2012. Oversees legal, compliance, and corporate governance. Previously General Counsel at Siemens Corporation (U.S.). | |
Frank T. Connor Executive | EVP and CFO (retiring Feb. 28, 2025) | None | Joined Textron in 2009 as EVP & CFO. Previously held leadership roles at Goldman Sachs, including Head of Telecom Investment Banking. | |
Julie G. Duffy Executive | EVP and CHRO | None | Joined Textron in 1997. Transitioned from legal roles to HR leadership. Became EVP and CHRO in 2022, overseeing HR policies and employment issues. | |
Deborah Lee James Board | Director | Director at Unisys Corporation | Director since 2017. Former Secretary of the U.S. Air Force. Expertise in national security, government procurement, and cybersecurity. | |
James L. Ziemer Board | Director | None | Director since 2007. Former CEO of Harley-Davidson. Expertise in brand equity, customer satisfaction, and captive finance. | |
Kathleen M. Bader Board | Director | None | Director since 2004. Expertise in strategic planning, change management, and international business expansion. | |
Lionel L. Nowell III Board | Director | Director at Bank of America, Ecolab Inc. | Director since 2020. Former SVP and Treasurer of PepsiCo. Expertise in treasury, financial reporting, and risk management. | |
Maria T. Zuber Board | Director | VP for Research at MIT, Co-Chair of PCAST, Director at Bank of America | Director since 2016. Renowned geophysicist and MIT VP for Research. Extensive NASA leadership experience. | |
Michael X. Garrett Board | Director | Board Member at Nano Dimension Ltd. | Joined Textron's Board in 2023. Retired U.S. Army four-star general. Former Commanding General of U.S. Army Forces Command. | |
R. Kerry Clark Board | Director | Director at General Mills, Elevance Health | Director since 2003. Former CFO of Pepsi Bottling Group. Expertise in corporate governance, marketing, and global strategy. | |
Richard F. Ambrose Board | Director | None | Joined Textron's Board in 2022. Retired EVP of Lockheed Martin Space. Extensive leadership in aerospace and defense. | |
Thomas A. Kennedy Board | Director | None | Joined Textron's Board in 2023. Former Chairman and CEO of Raytheon Company. Expertise in aerospace and defense. |
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Given the ongoing softness in certain Industrial markets and your expectation of revenues around $3.5 billion with a segment margin of about 4% , could you elaborate on the specific restructuring plans you have, and how they will address the challenges in the softer market segments?
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With eAviation expected to have revenues of about $35 million and a segment margin loss of around $75 million , what is your roadmap for eAviation, and how do you plan to turn this segment profitable?
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The five-week strike in your Aviation segment resulted in a $0.5 billion revenue adjustment and production inefficiencies ; what measures are you taking to mitigate the impact on your financials, and how will this affect your production and delivery schedules going into 2025?
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Auto markets are down globally, especially in Europe where volumes are below expectations ; how is this affecting your Kautex business, and what strategies are in place to navigate the challenges in the European automotive sector within your Industrial segment?
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You mentioned ongoing supply chain issues and the focus on getting parts from suppliers to ramp up production post-strike ; can you provide more details on the specific supply chain bottlenecks you're facing, and how confident are you that these issues will not hinder your capacity expansion and revenue growth plans for 2025?
Customer | Relationship | Segment | Details |
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U.S. Government | Defense contracts for helicopters, tiltrotor aircraft, and support services | Bell, Textron Systems | 25% of total revenue in FY 2024, which is $3,426 million (0.25 × $13,702 million). |
Notable M&A activity and strategic investments in the past 3 years.
Company | Year | Details |
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Pipistrel | 2022 | Completed acquisition where Textron purchased Pipistrel on April 15, 2022 for a cash price of approximately $239–$240 million, including the assumption of $35 million in debt and a final fixed payment of $21 million due in 2024. The deal strategically formed the new Textron eAviation segment to capitalize on sustainable aviation solutions and integrate Pipistrel's electric aircraft capabilities, notably with its certified Velis Electro aircraft. |
Recent press releases and 8-K filings for TXT.
- Textron reported Q1 2025 revenues of $3.3B (up $171M YoY) with adjusted EPS of $1.28 and EPS of $1.13
- Reaffirmed its full-year outlook with adjusted EPS guidance of $6.00–$6.20 and expects robust manufacturing cash flow
- Achieved adjusted EBITDA of $386M in Q1 2025, up from $372M in Q1 2024, underscoring operational efficiencies
- Bell segment delivered strong results with a $256M increase and 35.2% organic revenue growth, while Systems and Industrial segments had mixed outcomes
- Returned $215M to shareholders via approximately 2.9 million share repurchase
- Completed the sale of its Powersports business, including the Arctic Cat brand
- Annual Meeting Held: Textron held its 2025 Annual Meeting of Shareholders on April 23, 2025, where key voting matters were addressed.
- Director Elections and Compensation Vote: The meeting detailed election outcomes for board directors with extensive vote counts and approved the advisory resolution for executive compensation.
- Auditor Ratification: The appointment of Ernst & Young LLP as the independent registered public accounting firm for 2025 was ratified by shareholder vote.