Announcement • May 03
Textron Inc. Announces Its Intent to Separate Its Industrial Segment from Core Aerospace and Defense Businesses Textron Inc. announced its intent to separate its Industrial segment from the Company’s core aerospace and defense businesses to enhance its strategic and operational focus and drive long-term value for stakeholders. Textron intends to explore multiple paths to effect the planned separation of its Industrial segment, including but not limited to a sale of the Industrial businesses or a tax-free separation into a standalone, publicly traded company. The separation results in New Textron becoming a pure-play aerospace and defense company aligned to its core franchises of Textron Aviation, Bell, and Textron Systems. New Textron and Industrial operate in distinct markets with unique business opportunities and investment requirements. As separate companies, each is expected to benefit from: Enhanced agility and focus to better position for long-term success; Ability to tailor capital allocation strategies aligned with each company’s growth profile, product development activities, and larger industry dynamics; Increased strategic flexibility to pursue organic and inorganic growth opportunities; Compelling investment profiles appealing to different investor bases; and Distinct management teams comprised of experienced industry leaders with relevant expertise and track records of value creation. Following the planned separation, New Textron, with over $12 billion in expected 2026 revenues and $19 billion in backlog, will be a premier pure-play aerospace and defense company with world-class engineering capabilities, a long track record of innovation, and proven manufacturing and support operations. The Company will be anchored by its core franchises: in general aviation under the Cessna and Beechcraft brands and in military and commercial rotorcraft under the Bell brand, in addition to Textron Systems’ differentiated suite of aerospace and defense products and services. New Textron expects a successful separation to increase its revenue growth profile and operating margins. The Company remains committed to maintaining a strong balance sheet and consistent capital allocation priorities, including investments in research and development and capital expenditures. Industrial, with over $3 billion in expected 2026 revenues, is composed of Kautex – a leader in plastic fuel systems, battery enclosures, and clear-vision systems for the automotive industry – and Textron Specialized Vehicles, a manufacturer of specialized vehicles and equipment with globally recognized brands such as E-Z-GO, PACE Technologies, Jacobsen, and TUG Technologies. The Company is targeting completion of the separation within 12 to 18 months, subject to the satisfaction of certain conditions customary for such a proposed separation, including receipt of any required regulatory approvals and final approval of the Company’s Board of Directors. There can be no assurance regarding the ultimate timing or structure of the proposed separation or that a transaction will be completed. As the Company pursues this separation, Textron will continue to operate its Industrial businesses in alignment with its current strategy, including continued investments in growth, margin improvement, and innovation. Announcement • Apr 30
Textron Inc. announces Quarterly dividend, payable on July 01, 2026 Textron Inc. announced Quarterly dividend of USD 0.0200 per share payable on July 01, 2026, ex-date on June 12, 2026 and record date on June 12, 2026. Announcement • Mar 30
Textron Inc. to Report Q1, 2026 Results on Apr 30, 2026 Textron Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Announcement • Mar 07
Textron Inc., Annual General Meeting, Apr 29, 2026 Textron Inc., Annual General Meeting, Apr 29, 2026. Announcement • Feb 25
Textron Inc. Declares Quarterly Dividend, Payable on April 1, 2026 Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on April 1, 2026 to holders of record at the close of business on March 13, 2026. Announcement • Feb 02
Textron Inc. Elects Cristina Méndez to Board of Directors, Audit Committee and Nominating and Corporate Governance Committee, Effective February 15, 2026 Textron Inc. announced that Cristina Méndez has been elected to the company's Board of Directors, effective February 15, 2026. Méndez is Executive Vice President and Chief Financial Officer of Otis Worldwide Corporation, the world’s leading elevator and escalator manufacturing, installation and service company, with $14 billion in net sales in 2024 and customers in over 200 countries. Prior to her role as CFO of Otis, to which she was appointed in 2024, Ms. Méndez served as Senior Vice President, Finance & Transformation for Otis’ EMEA (Europe, the Middle East and Africa) region, which is comprised of more than 40 countries, a role she began in 2022. At Otis, Méndez oversees a wide range of functions, including Investor Relations, Financial Planning and Analysis, Internal Audit, Tax, Treasury and Corporate Real Estate. Before joining Otis, she served as a senior finance executive in the global telecommunications industry for over 15 years, most recently from 2017 to 2022 as Senior Vice President, Director FPA of Telefónica Deutschland, a publicly listed subsidiary of Telefónica Group, one of the world’s largest telecommunications companies, where she oversaw financial operations and strategic initiatives. From 2007 to 2017, she held various senior finance roles at Telefónica Group, with a focus on strategic and financial planning across the international operating business. Méndez holds a degree in Telecommunications Engineering from the Bilbao School of Engineering, UPV/EHU, in Spain. Ms. Mendez will serve on the Board’s Audit Committee and Nominating and Corporate Governance Committee. Textron’s Board has determined that Ms. Méndez is independent under the New York Stock Exchange’s listing standards, and qualifies as an “audit committee financial expert” as defined by Securities and Exchange Commission rules. Announcement • Jan 28
Textron Inc. Provides Earnings Guidance for the Year 2026 Textron Inc. provided earnings guidance for the year 2026. For the year, company expected revenues of approximately $15.5 billion, up from $14.8 billion in 2025. Textron expects full-year 2026 GAAP earnings per share from continuing operations will be in the range of $5.39 to $5.59. Announcement • Jan 07
Textron Inc. to Report Q4, 2025 Results on Jan 28, 2026 Textron Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 28, 2026 Announcement • Nov 25
Textron Inc. Announces Executive Changes Textron Inc. announced Rob Scholl, has been named chief commercial officer of Bell to replace Danny Maldonado who, as previously announced, was appointed as Bell’s president and CEO, effective January 4, 2026. In joining Bell as chief commercial officer, Scholl brings more than 19 years of experience across Textron businesses. Since 2023, he has led Textron Specialized Vehicles and, prior to this role, built Textron eAviation as a business segment as president and CEO. At Textron Aviation, Scholl held a series of senior sales and marketing roles, including senior vice president, Global Sales & Flight Operations; vice president, Parts & Programs; and vice president, Marketing. Announcement • Oct 29
Textron Inc. Names Danny Maldonado as President & CEO of the Bell Segment, Effective January 4, 2026 Textron Inc. announced that Danny Maldonado has been named president & CEO of the Bell segment, effective January 4, 2026. Maldonado, currently Bell’s chief commercial officer (CCO), will succeed Lisa Atherton, who was recently appointed as president & CEO of Textron Inc., effective January 4, 2026. As CCO, Maldonado is responsible for Bell’s global commercial aircraft sales, aftermarket solutions, the Bell Training Academy and new product development. Prior to his role as CCO, Maldonado led Textron Financial Corp. as president & CEO for nine years and, prior to that, served as Bell’s executive vice president of sales and marketing. He joined Textron in 1990 and has held leadership roles encompassing sales, business development, customer support and finance at Textron. Announcement • Oct 22
Textron Declares Quarterly Dividend, Payable on January 1, 2026 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on January 1, 2026 to holders of record at the close of business on December 12, 2025. Announcement • Oct 19
Textron Inc. announces Realignment of eAviation Segment into Existing Reporting Segments On October 16, 2025, Textron Inc.’s management approved a plan to eliminate Textron eAviation as a separate reporting segment by realigning Textron eAviation’s business activities within other Textron reporting segments, effective January 4, 2026, the beginning of Textron’s 2026 fiscal year. Under this realignment, a significant part of Textron eAviation, including Pipistrel, will become part of the Textron Aviation reporting segment to enable the business to more effectively leverage the development, manufacturing and sales expertise at Textron Aviation. Further, Textron eAviation’s manned and unmanned products for military applications and related research and development activities will be included in the results of the Textron Systems reporting segment, which is best suited to provide more direct access to the targeted customer base for these products. Finally, certain Textron eAviation research and development activities encompassing digital flight control and air vehicle management systems, which expect will benefit several of segments, will be reported within Corporate expenses. Textron Inc.’s ongoing reporting segments will be Textron Aviation, Bell, Industrial, Textron Systems and Finance. Textron Inc. will begin to report under the new segment reporting structure with the filing of its Quarterly Report on Form 10-Q for the first quarter of 2026. Prior year segment data will be recast to reflect the new presentation after the first quarter Form 10-Q is filed. As part of Fourth Quarter 2025 Earnings Call Presentation will provide certain 2025 recast information. Announcement • Sep 24
Textron Inc. to Report Q3, 2025 Results on Oct 23, 2025 Textron Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 23, 2025 Announcement • Jul 31
Textron Inc. Declares Quarterly Dividend, Payable on October 1, 2025 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on October 1, 2025 to holders of record at the close of business on September 12, 2025. Announcement • Jul 24
Textron Inc. Reiterates Earnings Guidance for the Year 2025 Textron Inc. reiterated earnings guidance for the year 2025. The company expected Income from continuing operations - GAAP to be $955 million to $990 million, Diluted EPS to be $5.19 to $5.39. Announcement • Jun 24
Textron Inc. to Report Q2, 2025 Results on Jul 24, 2025 Textron Inc. announced that they will report Q2, 2025 results on Jul 24, 2025 Announcement • Apr 24
Textron Inc. Reiterats Earnings Guidance for the Year 2025 Textron Inc. reiterated earnings guidance for the year 2025. For the period, the company expects GAAP earnings per share from continuing operations to be in the range of $5.19 to $5.39, or $6.00 to $6.20 on an adjusted basis, which is reconciled to GAAP in an attachment to this release. Announcement • Apr 23
Textron Declares Quarterly Dividend, Payable on July 1, 2025 The Board of Directors of Textron Inc. has declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on July 1, 2025 to holders of record at the close of business on June 13, 2025. Announcement • Mar 24
Textron Inc. to Report Q1, 2025 Results on Apr 24, 2025 Textron Inc. announced that they will report Q1, 2025 results on Apr 24, 2025 Announcement • Mar 05
Textron Inc., Annual General Meeting, Apr 23, 2025 Textron Inc., Annual General Meeting, Apr 23, 2025. Announcement • Mar 01
Textron Inc. Appoints Rob Mionis to Its Board of Directors, Audit Committee and Organization and Compensation Committee, Effective March 1, 2025 Textron Inc. announced that Rob Mionis has been elected to the company's Board of Directors, effective March 1, 2025. Mionis is the President and Chief Executive Officer of Celestica Inc. Mionis has served as Celestica’s CEO since 2015. Prior to his role at Celestica, Mionis was an Operating Partner/Senior Advisor in private equity at Pamplona Capital Management from 2013 to 2015 where he generated deal flow within the industrial/aerospace market and supported several companies across a range of industries, including industrial, aerospace, healthcare and automotive. From 2006 to 2013, he served as President and Chief Executive Officer of StandardAero. He previously held senior leadership roles at Honeywell, culminating in his position as the Vice President Integrated Supply Chain for Honeywell Aerospace. Mionis began his career at General Electric and holds a Bachelor of Science degree in electrical engineering from the University of Massachusetts Amherst. Mr. Mionis will serve on the Board’s Audit Committee and Organization and Compensation Committee. Announcement • Feb 27
Textron Inc. Declares Quarterly Dividend, Payable on April 1, 2025 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on April 1, 2025 to holders of record at the close of business on March 14, 2025. Announcement • Jan 22
Textron Inc. Provides Earnings Guidance for the Year 2025 Textron Inc. provided earnings guidance for the year 2025. The company is forecasting 2025 revenues of approximately $14.7 billion, up from $13.7 billion in 2024. Textron expects full-year 2025 GAAP earnings per share from continuing operations will be in the range of $5.19 to $5.39. Income from continuing operations - GAAP of $955 million to $990 million. Announcement • Dec 20
Textron Inc. to Report Q4, 2024 Results on Jan 22, 2025 Textron Inc. announced that they will report Q4, 2024 results on Jan 22, 2025 Announcement • Oct 25
Textron Inc. Declares Quarterly Dividend, Payable on January 1, 2025 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on January 1, 2025 to holders of record at the close of business on December 13, 2024. Announcement • Sep 26
Textron Inc. to Report Q3, 2024 Results on Oct 24, 2024 Textron Inc. announced that they will report Q3, 2024 results on Oct 24, 2024 Announcement • Jul 30
Textron Inc. Declares Quarterly Dividend, Payable on October 1, 2024 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on October 1, 2024 to holders of record at the close of business on September 13, 2024. Announcement • Jun 27
Textron Inc. to Report Q2, 2024 Results on Jul 18, 2024 Textron Inc. announced that they will report Q2, 2024 results on Jul 18, 2024 Announcement • Apr 24
Textron Inc. Declares Quarterly Dividend, Payable on July 1, 2024 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on July 1, 2024 to holders of record at the close of business on June 14, 2024. Announcement • Mar 26
Textron Inc. to Report Q1, 2024 Results on Apr 25, 2024 Textron Inc. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Mar 08
Textron Inc., Annual General Meeting, Apr 24, 2024 Textron Inc., Annual General Meeting, Apr 24, 2024, at 11:00 Eastern Standard Time. Agenda: To elect the ten director nominees named in the proxy statement to hold office until the next annual shareholders’ meeting; to approve the proposed Textron Inc. 2024 Long-Term Incentive Plan; to approve Textron’s executive compensation on an advisory basis; to ratify the appointment by the Audit Committee of Ernst & Young LLP as Textron’s independent registered public accounting firm for 2024; to consider and act upon a shareholder proposal, set forth beginning on page 68 in the accompanying proxy statement, which is opposed by the Board of Directors; and to transact any other business as may properly come before the meeting or any adjournment or postponement of the meeting. Announcement • Feb 22
Textron Declares Quarterly Dividend, Payable on April 1, 2024 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on April 1, 2024 to holders of record at the close of business on March 15, 2024. Announcement • Jan 24
Textron Inc. Provides Earnings Guidance for the Full Year 2024 Textron Inc. provided earnings guidance for the full year 2024. For the year, the company is forecasting 2024 revenues of approximately $14.6 billion, up from $13.7 billion. The company expected full-year 2024 GAAP earnings per share from continuing operations will be in the range of $5.62 to $5.82. Announcement • Dec 23
Textron Inc. to Report Q4, 2023 Results on Jan 24, 2024 Textron Inc. announced that they will report Q4, 2023 results on Jan 24, 2024 Announcement • Oct 26
Textron Inc. Declares Quarterly Dividend, Payable on January 1, 2024 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on January 1, 2024 to holders of record at the close of business on December 15, 2023. Announcement • Oct 05
Textron Inc. to Report Q3, 2023 Results on Oct 26, 2023 Textron Inc. announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Aug 11
Textron Aviation Defense Announces the Arrival of the Eighth Beechcraft T-6C Texan II Aircraft in Support of Tunisian Air Force Pilot Production Textron Aviation Defense announced the arrival of the eighth Beechcraft T-6C Texan II aircraft in support of Tunisian Air Force pilot production at No. 13 Squadron atfax Air Base in Tunisia. Textron Aviation Defense was previously awarded a Foreign Military Sales (FMS) contract for eight T-6C TexanII advanced military training aircraft, in-country field service and logistics support representatives, program management support, interim contractor support for the first year, training for pilots and maintenance professionals, spare engines, spare parts and aircraft support equipment. The Beechcraft T-6 C Texan II is designed and manufactured by Textron Aviation Defense LLC, a wholly owned subsidiary of Textron Aviation Inc., a Textron Inc. company. The Beechcraft T-6 Texan II is the world’s premier military flight trainer. To date, the global fleet of more than 1,000 Beechcraft T-6 Texan II aircraft has surpassed 5 million flight hours across 13 nations and two NATO flight schools. A vital asset, the T-6 empowers global pilot training across the North Atlantic Treaty Organization (NATO) Flight Training program in Canada, the Euro NATO Joint Jet Pilot Training Program (ENJJPT) at Sheppard AFB, Texas and the U.S. Air Force Aviation Leadership Program as well as the U.S. Air Force, Navy, Marine Corps, Army and Coast Guard, the Hellenic Air Force, the Argentine Air Force, the Israeli Air Force, the Royal Air Force, the Iraqi Air Force, the Royal Canadian Air Force, Mexican Navy, the Mexican Air Force, the Royal Moroccan Air Force, the Colombian Air Force, the Royal New Zealand Air Force, the Royal Thai Air Force and the Tunisian Air Force. Backed by more than 90 years of experience delivering more than 250,000 aircraft worldwide, the Beechcraft T-6 Texan II’s low acquisition, operating and sustainment costs enable global air forces to fast-track pilot production. With an installed base that more than quadruples its closest competitor, the family of Beechcraft T-6 Texan II aircraft has been the world’s number one Integrated Training System (ITS) for more than 20 years. The Beechcraft T-6 Texan II capitalizes on an active production line with an Manufacturing Readiness Level (MRL) rating of 10 as well as a proven supply chain and the affordability of 85% parts commonality with the Beechcraft AT-6E Wolverine. Announcement • Jul 25
Textron Inc. Declares A Quarterly Dividend, Payable on October 1, 2023 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on October 1, 2023 to holders of record at the close of business on September 15, 2023. Announcement • Jun 24
Textron Reportedly Seeks Fuel Systems Unit Sale Textron Inc. (NYSE:TXT) has revived efforts it ended four years ago to sell a business that makes fuel tanks for cars and is worth in excess of $1 billion, according to people familiar with the matter. The fuel systems business faces headwinds as the car industry pivots from combustion to electric engines. Textron has been focusing on its aviation business, making investments such as the $238 million acquisition of electric aircraft maker Pipistrel in 2022. Textron has hired JPMorgan Chase & Co (JPM.N) to run a sale process for the unit, which is called Kautex, the sources said. It said in 2019 it had decided to keep Kautex after exploring a sale or a spin-off with advice from Goldman Sachs Group Inc. (GS.N). The sources cautioned that a deal is once again not certain and asked not to be identified because the matter is confidential. Textron and JPMorgan declined comment. Announcement • Jan 20
Textron Inc. Announces Executive Changes Textron Inc. announced that Lisa Atherton, the president & CEO of the Textron Systems segment, has been named to a new role as chief operating officer of the Bell segment. Tom Hammoor, who most recently led Textron Aviation Defense LLC, will succeed Atherton as president & CEO of the Textron Systems segment. Atherton joined Textron Defense Systems in 2007. In 2013, she transitioned to Bell and held a number of leadership positions within Military Programs, including executive vice president, Military Business. In 2017, she was named as president & CEO of Textron Systems. A graduate of the U.S. Air Force Academy, she later spent eight years at Air Combat Command’s Directorate of Requirements. Hammoor brings more than 38 years of leadership experience in the defense industry and military service to Textron Systems. Hammoor most recently served as the president & CEO of Textron Aviation Defense LLC from 2016 to 2022. Prior to joining Textron, Hammoor had a distinguished nearly 30-year career with General Electric, encompassing leadership roles in Quality, Manufacturing and Customer Service. He graduated from the U.S. Military Academy. His military career culminated in the 101st Airborne Division in which he served as scout/attack helicopter platoon leader. Announcement • Jan 06
Textron Inc. to Report Q4, 2022 Results on Jan 25, 2023 Textron Inc. announced that they will report Q4, 2022 results on Jan 25, 2023 Announcement • Dec 08
Textron Inc. Elects Thomas A. Kennedy to Board of Directors Textron Inc. announced that Thomas A. Kennedy has been elected to the company’s Board of Directors, effective January 1, 2023. Kennedy retired in June 2021 as the Executive Chairman of the Board of Directors of Raytheon Technologies, an aerospace and defense company that provides advanced systems and services for commercial, military and government customers globally. Prior to serving as Executive Chairman, Kennedy had been the Chairman and Chief Executive Officer of the Raytheon Company which merged with United Technologies Corporation in April 2020, creating Raytheon Technologies. Kennedy served as Chairman and Chief Executive Officer of the Raytheon Company, a technology and innovation leader specializing in defense, civil government and cybersecurity solutions, from 2014-2020. He previously held the position of Executive Vice President and Chief Operating Officer of Raytheon Company from 2013-2014. Kennedy joined Raytheon in 1983, holding various leadership roles over his more than 38 years at the company, including senior executive management positions within Raytheon’s Unmanned and Reconnaissance Systems, Space and Airborne Systems, and Integrated Defense Systems business units. Prior to joining Raytheon, Kennedy was a captain in the U.S. Air Force. He earned his Bachelor of Science degree in electrical engineering from Rutgers University, Master of Science degree from the Air Force Institute of Technology, and Ph.D in engineering from UCLA. Announcement • Nov 18
Textron Inc. Appoints Brett Pierson as Senior Vice President of Defense and Special Missions Textron Inc. announced that Brett Pierson has been appointed senior vice president of defense and special missions - a role that includes serving as president and CEO of the defense division. Pierson succeeds Tom Hammoor, who is retiring after having served in that role the past seven years. An experienced pilot, Pierson is qualified to fly a wide range of Beechcraft and Cessna aircraft from the civil lineup of Textron Aviation, as well as the defense unit's aircraft offerings. Those include the Beechcraft T-6 Texan II trainer, AT-6 Wolverine and the Textron Scorpion jet. Pierson, who brings more than three decades of experience with the Department of Defense to the position, joined the company as a senior test pilot in 2017. He spent the past two years in the role of vice president of defense strategy and sales. He will now oversee all facets of Textron Aviation Defense, including sales, training and aftermarket support. Announcement • Oct 28
Textron Inc. Provides Earnings Guidance for the Full Year 2022 Textron Inc. provided earnings guidance for the full year 2022. The company reiterated earnings per share expectation of $3.90 to $4.00. Announcement • Oct 27
Textron Inc. Declares Quarterly Dividend, Payable on January 1, 2023 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on January 1, 2023 to holders of record at the close of business on December 9, 2022. Announcement • Sep 30
Textron Inc. to Report Q3, 2022 Results on Oct 27, 2022 Textron Inc. announced that they will report Q3, 2022 results at 12:30 PM, US Eastern Standard Time on Oct 27, 2022 Announcement • Sep 27
Kaplan Fox & Kilsheimer LLP Proposes Class Action Settlement Kaplan Fox & Kilsheimer LLP announce a proposed class action settlement for all persons and entities who purchased or otherwise acquired Textron Inc. Common Stock Between January 31, 2018 and December 6, 2018. Announcement • Jul 29
Textron Inc. Reiterates Earnings Guidance for the Full Year 2022 Textron Inc. reiterated earnings guidance for the full year 2022. The company reiterated earnings per share expectation of $3.80 to $4.00. Announcement • Jul 27
Textron Inc. Declares Quarterly Dividend, Payable on October 1, 2022 Textron Inc. announced that the Board of Directors of the company declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on October 1, 2022, to holders of record at the close of business on September 9, 2022. Announcement • Jun 29
Textron Inc. to Report Q2, 2022 Results on Jul 28, 2022 Textron Inc. announced that they will report Q2, 2022 results on Jul 28, 2022 Announcement • Apr 28
Textron Inc. Declares Quarterly Dividend, Payable on July 1, 2022 Textron Inc. Declared Quarterly Dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on July 1, 2022 to holders of record at the close of business on June 10, 2022. Announcement • Apr 19
Textron Inc. (NYSE:TXT) completed the acquisition of 90% stake in Pipistrel D.O.O. Ajdovscina, Pipistrel Vertical Solutions d.o.o and Pipistrel Italia S.r.l for approximately €218 million. Textron Inc. (NYSE:TXT) entered into an agreement to acquire unknown majority stake in Pipistrel D.O.O. Ajdovscina, Pipistrel Vertical Solutions d.o.o and Pipistrel Italia S.r.l. on March 17, 2022. The speculative deal value of the transaction is approximately €220 million. Ivo Boscarol, the Founder and Chief Executive Officer of Pipistrel, will remain a minority owner. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close during the second quarter of 2022. Robert Katz, Ravi Purohit, Kieran Dickinson, Rene de Vera, Matthew Salerno, Tomas Nilsson, Stefano Sciolla, Cesare Milani, Irene Terenghi, Hui Xu and Rowland Cheng of Latham & Watkins LLP acted as legal advisor to Textron.
Textron Inc. (NYSE:TXT) completed the acquisition of 90% stake in Pipistrel D.O.O. Ajdovscina, Pipistrel Vertical Solutions d.o.o and Pipistrel Italia S.r.l. for approximately €218 million on April 18, 2022. Pipistrel’s founder and Chief Executive officer, Ivo Boscarol, will remain a minority shareholder of Pipistrel with an approximately 10 percent interest for a two-year period. Announcement • Mar 29
Textron Inc. to Report Q1, 2022 Results on Apr 28, 2022 Textron Inc. announced that they will report Q1, 2022 results on Apr 28, 2022 Announcement • Mar 06
Textron Inc., Annual General Meeting, Apr 27, 2022 Textron Inc., Annual General Meeting, Apr 27, 2022, at 11:00 US Eastern Standard Time. Agenda: To elect the ten director nominees named in the proxy statement to hold office until the next annual shareholders’ meeting; to approve Textron’s executive compensation on an advisory basis; to ratify the appointment by the Audit Committee of Ernst & Young LLP as Textron’s independent registered public accounting firm for 2022; if properly presented at the meeting, to consider and act upon a shareholder proposal, set forth beginning on page 56 in the accompanying proxy statement, which is opposed by the Board of Directors; and to transact any other business as may properly come before the meeting or any adjournment or postponement of the meeting. Announcement • Jan 28
Textron Inc. Provides Earnings Guidance for the Full-Year 2022 Textron Inc. provided earnings guidance for the full-year 2022. For the period, the company is forecasting revenues of approximately $13.3 billion, up from $12.4 billion. Textron expects full-year 2022 earnings per share will be in the range of $3.80 to $4.00. Announcement • Nov 24
Textron Aviation Announces That Beechcraft Denali Enters Flight Test Phase with Landmark First Flight Textron Aviation announced its new single-engine turboprop, the Beechcraft Denali, took to the skies for the first time. The milestone first flight is a major step for the clean-sheet design aircraft and begins the important flight test program that substantiates the segment-leading performance expected of the Denali. The Beechcraft Denali is designed and manufactured by Textron Aviation Inc., a Textron Inc. company. Piloted by senior test pilot Peter Gracey and chief test pilot Dustin Smisor, the Beechcraft Denali prototype aircraft, powered by GE Aviation’s new Catalyst engine, took off at approximately 8:20 a.m. from the company’s west campus at Eisenhower International Airport. During the 2-hour and 50-minute flight, the team tested the aircraft’s performance, stability and control, as well as its propulsion, environmental, flight controls and avionics systems. The aircraft reached an altitude of 15,600 feet and attained speeds of 180 knots. The Denali prototype aircraft, along with two additional flight test articles and three full airframe ground test articles, will continue to expand on operational goals, focusing on testing aircraft systems, engine, avionics and overall performance. The company is targeting certification for the Denali in 2023. Announcement • Apr 30
Textron Inc. Raises Earnings Guidance for the Full Year of 20201 Textron Inc. raised earnings guidance for the full year of 2021. For the year, the company expects earnings per share from continuing operations to be in a range of $2.76 to $3.00, or $2.80 to $3.00 on an adjusted basis, up $0.10 from previous outlook. Announcement • Apr 29
Textron Declares Quarterly Dividend, Payable on July 1, 2021 Textron Inc. declared a quarterly dividend of $0.02 per share on the company's common stock. All dividends will be paid on July 1, 2021, to holders of record at the close of business on June 11, 2021. Announcement • Mar 06
Textron Inc., Annual General Meeting, Apr 28, 2021 Textron Inc., Annual General Meeting, Apr 28, 2021, at 11:00 US Eastern Standard Time. Agenda: To elect the ten director nominees to hold office until the next annual shareholders’s meeting; to approve Textron’s executive compensation on an advisory basis; to ratify the appointment by the Audit Committee of Ernst & Young LLP as Textron’s independent registered public accounting firm for 2021; to consider and act upon a shareholder proposal; and to transact any other business as may properly come before the meeting or any adjournment or postponement of the meeting. Announcement • Jan 07
Textron Inc. to Report Q4, 2020 Results on Jan 27, 2021 Textron Inc. announced that they will report Q4, 2020 results on Jan 27, 2021 
