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Textron Inc.
FormerlySpecial Yarns Company
IndustryAerospace industry
Automotive industry
Defence industry
Founded1923; 100 years ago (1923)
FounderRoyal Little
HeadquartersProvidence, Rhode Island, US
Key people
Scott C. Donnelly (Chairman, CEO, President, Member of the Management Committee)
RevenueDecrease US$13.423 billion (2015)
Increase US$698 million (2015)
Increase US$698 million (2015)
Total assetsIncrease US$14.708 billion (2015)
Total equityIncrease US$4.964 billion (2015)
Number of employees
35,000 (2015)
Subsidiary list
Footnotes / references

Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's has a lot of subsidiaries which include Arctic Cat, Bell Textron, Textron Aviation (which itself includes the Beechcraft, Hawker, and Cessna brands), and Lycoming Engines.[2][3]

History[change | change source]

Textron fabrics ad from 1948

Textron began as a textile company in 1923, when a Royal Little founded the Special Yarns Corporation in Boston, Massachusetts. The company manufactured a lot of products such as synthetic yarns, and niche product at the time. By the start of World War II, the company was known as Atlantic Rayon Corporation and manufactured parachutes.[4]

Divisions[change | change source]

• Able Aerospace Services

• Arctic Cat

• Bell Textron

• E-Z-GO

• Greenlee Textron

• Jacobsen

• Kautex Textron

• Textron AirLand

• Textron Aviation

• Textron Systems

References[change | change source]

  1. "2015 Textron Annual Report" (PDF). Textron. 2015. Retrieved 5 September 2018. {{cite journal}}: Cite journal requires |journal= (help)
  2. "Archived copy". Archived from the original on 2019-01-15. Retrieved 2021-05-20.{{cite web}}: CS1 maint: archived copy as title (link)
  3. "Textron | 2020 Fortune 500". Fortune. Retrieved 2021-05-20.
  4. "History | Textron". www.textron.com. Retrieved 2021-05-20.