Textron Inc.
Textron Inc. is not only one of the world's best known multi-industry companies, it is a pioneer of the diversified business model. Founded in 1923, Textron Inc. have grown into a network of businesses with total revenues of $14.2 billion, and approximately 37,000 employees with facilities and presence in 29 countries, serving a diverse and global customer base. Headquartered in Providence, Rhode Island, U.S.A.,Textron is ranked 173rd on the FORTUNE 500 list of largest U.S. companies. Organizationally, Textron consists of numerous subsidiaries and operating divisions, which are responsible for the day-to-day operation of their businesses.
The company's golf carts enrich their golfing jaunts, its Cessna airplanes and Bell helicopters whisk them around, its auto parts keep their cars running, and its financial subsidiary provides loans. Cessna and Bell are bright spots in Textron's financial results. Cessna accounts for more than half of profits; Bell about 20%. While Textron enjoyed healthy sales growth and good profit margins for several years, changes in the Pentagon budget and the global recession may dampen business in several segments. The US government accounts for about one-quarter of Textron's sales; geographically, customers in the US represent nearly two-thirds of sales.
Contact Details
Office Address
Textron Inc.
40 Westminster Street
Providence, RI, USA 02903
Phone: 401-421-2800
Fax: 401-457-2220
Executives
Chairman and CEO
Lewis B. Campbell
President, COO, and Director
Scott C. Donnelly