Textron

Textron (NYSE: TXT) is a multi-industry company with operations in the aircraft, defense, industrial, and finance businesses. Textron has been listed on the New York Stock Exchange since 1947. It generated USD 13.7 billion in revenue in 2023. 

The company operates via six primary segments: 

• Textron Aviation (~39% of total revenue) manufactures and sells Cessna and Beechcraft aircraft and provides aftermarket services for Hawker jets, divided into Aircraft sales (business jets, turboprop, and military aircraft) and Aftermarket Parts and Services. 

• Bell (~23%) delivers military and commercial helicopters, tiltrotor aircraft, and services, focusing on US Government programs and commercial clients. 

• Textron Systems (~9%) develops defense and aerospace products, specializing in unmanned systems and military craft. 

• The Industrial (~28%) segment produces automotive fuel systems and specialized vehicles. 

• Textron eAviation (less than 0.5%) focuses on sustainable aviation with Pipistrel's electric aircraft. 

• The Finance (less than 0.5%) segment offers commercial financing primarily for Textron's aviation products.

The US is Textron’s single-largest market, which accounted for ~68% of global sales in 2023. Europe contributed ~10%, while Other International markets accounted for ~22%. Textron expects revenue to reach USD 14.6 billion in 2024. Its Achieve 2025 aims to reduce greenhouse gas emissions by 20% and reduce energy use intensity, water use intensity, and waste generation by 10% each (from a 2020 baseline).