Textron Inc. · Providence, RI United States ·(NYSE: TXT)
Company Description
Phone: 401-421-2800
Fax: 401-457-2220
Rankings
- #173 in FORTUNE 500
- S&P 500
View Textron Inc. Locations On A US Map
This link will open in a new window
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.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Textron Inc. Financials
| Company Type | Public - NYSE: TXT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $14,246.0 |
| 2008 Employees | 43,000 |
Textron Inc. Executives
55 executives listed for Textron Inc.'s Providence, RI location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Lewis Campbell | Network |
| President, COO, and Director | Scott Donnelly | Network |
| EVP and CFO | Frank Connor | Network |
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 OEMs. To read the full description, subscribe now.Top Textron Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
