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TXT Stock - Textron Inc.


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Textron Inc. logo

Textron Inc. is a multifaceted corporation operating across the aircraft, defense, industrial, and finance sectors. The company's Textron Aviation segment is renowned for manufacturing, selling, and servicing a wide range of aircraft, including business jets, turboprop and piston engine aircraft, as well as military trainer and defense aircraft. Additionally, this segment offers comprehensive maintenance, inspection, and repair services, along with commercial parts sales, ensuring the longevity and reliability of their aircraft.

The Bell segment of Textron supplies both military and commercial helicopters, as well as innovative tiltrotor aircraft. This segment is also responsible for providing spare parts and services, ensuring operational readiness and support for a diverse array of helicopter models used in various applications worldwide. Bell's contributions are critical in both defense and commercial aviation sectors, known for their advanced technology and reliability.

Textron Systems segment is a leader in providing unmaned aircraft systems, sophisticated electronic systems and solutions, advanced marine crafts, and piston aircraft engines. This segment also offers live military air-to-air and air-to-ship training solutions, a range of weapons and related components, and armored and specialty vehicles. Textron Systems' products and services play a vital role in enhancing defense capabilities and operational efficiency across multiple domains.

The Industrial segment of Textron caters to a broad spectrum of industries by offering blow-molded plastic fuel systems, clear-vision systems, and plastic tanks for catalytic reduction systems, primarily serving the automotive original equipment manufacturers. Additionally, this segment provides a variety of vehicles and equipment, including golf cars, off-road utility vehicles, recreational side-by-sides, all-terrain vehicles, snowmobiles, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles. These products serve diverse customers ranging from golf courses and resorts to government agencies, municipalities, consumers, outdoor enthusiasts, and commercial and industrial users.

The company's Finance seggment delivers financing services aimed at facilitating the purchase of new and pre-owned aircraft and Bell helicopters. This financial support extends Textron’s reach and ensures customer access to its high-quality products. Textron Inc., founded in 1923 and headquartered in Providence, Rhode Island, operates globally, serving markets in the United States, Europe, Asia, Australia, and beyond. The company's extensive product portfolio and innovative solutions make it a significant player in its varied industries.

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Stock Sector: Aerospace and Defense: Major Diversified

 

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