About Textron
Textron is a company based in Providence (United States) founded in 1923.. The company has 34,000 employees as of December 31, 2024. Textron has completed 14 acquisitions, including Arctic Cat, Beechcraft and Cve.co.uk. Textron offers products and services including Helicopters and Aircraft Services.
- Headquarter Providence, United States
- Employees 34000 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Textron Inc.
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Annual Revenue
$13.7 B0.14as on Dec 31, 2024
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Net Profit
$824 M-10.53as on Dec 31, 2024
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EBITDA
$1.23 B-14.67as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
34000
as on Dec 31, 2024
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Investments & Acquisitions
Arctic Cat
& 13 more
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IPO & Listings of Textron
Textron is a publicly listed company on the NYSE with ticker symbol TXT in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Textron
Textron offers a comprehensive portfolio of products and services, including Helicopters and Aircraft Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Helicopters are manufactured and supplied for military and civilian applications, as seen in programs like the DARPA SPRINT X-Plane.
Aircraft services are provided for models like Cessna, including high-speed internet connectivity and sustainment programs.
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Software Development Team
72 people
Leadership Team
42 people
Human Resources and Administration
21 people
Legal and Compliance
15 people
Finance and Accounting
15 people
Sr. Team
11 people
Product Management Team
10 people
Senior Team
10 people
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Funding Insights of Textron
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Textron
Textron has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Arctic Cat, Beechcraft and Cve.co.uk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fiber optic test equipment, components, and cable assemblies are supplied.
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2023 | ||||
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Test and measurement equipment for telecommunication is supplied.
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2015 | ||||
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Jets, turboprops, and various aircraft are manufactured by the company.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Textron
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Textron Comparisons
Competitors of Textron
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Textron
Frequently Asked Questions about Textron
When was Textron founded?
Textron was founded in 1923.
Where is Textron located?
Textron is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
Who is the current CEO of Textron?
Scott C Donnelly is the current CEO of Textron.
How many employees does Textron have?
As of Dec 31, 2024, the latest employee count at Textron is 34,000.
What is the annual revenue of Textron?
Annual revenue of Textron is $13.7B as on Dec 31, 2024.
What does Textron do?
Textron was founded in 1923 in Providence, United States, as a multi-industry conglomerate focused on aerospace, defense, security, and advanced technologies. Operations span manufacturing of aircraft, specialized vehicles, turf care equipment, fuel systems, tools, and test equipment. Key brands such as Bell, Cessna, Beechcraft, E-Z-GO, and Jacobsen are maintained. In 2022, annual revenues reached 12.86 billion, with net profit at 0.86 billion. Global activities support diverse industrial applications.
What products or services does Textron offer?
Textron offers Helicopters and Aircraft Services.
Is Textron publicly traded?
Yes, Textron is publicly traded on NYSE under the ticker symbol TXT.
How many acquisitions has Textron made?
Textron has made 14 acquisitions, including Arctic Cat, Beechcraft, and Cve.co.uk.
What is Textron's ticker symbol?
The ticker symbol of Textron is TXT on NYSE.