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Textron Inc. · Providence, RI United States ·(NYSE: TXT)

Company Description

40 Westminster St.
Providence, RI
02903
United States (Map)
Phone: 401-421-2800
Fax: 401-457-2220
Rankings
  • #173 in FORTUNE 500
  • S&P 500
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Executives should like Textron: 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. To read the full description, subscribe now.
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Key Textron Inc. Financials

Company TypePublic - NYSE: TXT

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$14,246.0
2008 Employees43,000

Textron Inc. Executives

55 executives listed for Textron Inc.'s Providence, RI location.
TitleName & BioContact
Chairman and CEOLewis CampbellNetwork
President, COO, and DirectorScott DonnellyNetwork
EVP and CFOFrank ConnorNetwork

Competition

Competitive Landscape for Textron Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMsTo read the full description, subscribe now.
Top Textron Inc. Competitors
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