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Textron Inc TXT Stock Quote

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Morningstar‘s Stock Analysis TXT

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Dropping Coverage of Textron

Burkett Huey, CFA Equity Analyst

Analyst Note

| Burkett Huey, CFA |

We are dropping coverage of Textron. We provide broad coverage of more than 1,500 companies globally and periodically adjust our coverage according to investor interest and staffing.

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Key Statistics TXT

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Company Profile TXT

Business Description

Textron is a conglomerate that designs, manufactures, and services specialty aircraft for various end markets, but it also has several unrelated businesses. The firm’s aviation segment manufactures and services Cessna and Beechcraft business aircraft. Bell is a helicopter manufacturer and servicer for both the commercial and military end market. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators for the commercial and military end markets. Textron Industrial contains a Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and produces specialized vehicles such as golf carts, snowmobiles, all-terrain vehicles, and others.

Contact
40 Westminster Street
Providence, RI, 02903
T +1 401 421-2800
Sector Industrials
Industry Aerospace & Defense
Most Recent Earnings Jun 30, 2022
Fiscal Year End Jan 1, 2023
Stock Type Cyclical
Employees 33,000

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