Textron Company Profile, Products, Employees and Revenue
Textron Inc. is a US industrial conglomerate headquartered in Providence, Rhode Island, and the parent of Bell helicopters, Cessna and Beechcraft aircraft, and Textron Systems. It reported revenue of $14.8 billion in 2025 and employed about 34,000 people at the start of 2026.
Roughly 27% of its 2025 revenue came from the US government, mainly through Bell and Textron Systems, and about 31% came from international business, according to its annual report. Bell is building the Army’s MV-75 tiltrotor, the aircraft that grew out of the V-280 Valor. This profile covers what Textron does, its employees, products, revenue and latest results.
What Does Textron Do?
Textron makes business jets, turboprops and piston aircraft, military and commercial helicopters, tiltrotors, unmanned systems, armoured vehicles, golf cars and automotive fuel systems. Its manufacturing businesses are Textron Aviation, Bell, Textron Systems and an Industrial segment, backed by a captive finance arm that lends to buyers of its aircraft. The company traded on the New York Stock Exchange as TXT and is part of the S&P 500, according to Wikipedia.
| Item | Detail |
|---|---|
| Headquarters | 40 Westminster Street, Providence, Rhode Island |
| Founded | 1923, by Royal Little, as Special Yarns Company |
| President and CEO | Lisa M. Atherton (from 4 January 2026); Scott C. Donnelly is executive chairman |
| Employees | About 34,000 worldwide, about 80% in the US (3 January 2026) |
| Revenue | $14.8 billion (fiscal 2025) |
| Net income | $921 million (fiscal 2025) |
| Backlog | $18.8 billion (3 January 2026) |
| Segments | Textron Aviation, Bell, Textron Systems, Industrial, Finance |
How Many Employees Does Textron Have?
Textron employed approximately 34,000 people worldwide at 3 January 2026, with about 80% in the United States, according to its annual report. About 7,700 US employees, most at Bell and Textron Aviation, are covered by union agreements. The company noted a strike at Textron Aviation from 21 September to 20 October 2024, which cut aircraft output in late 2024.
What Are Textron’s Main Products and Business Segments?
| Segment | 2025 revenue | Main products |
|---|---|---|
| Textron Aviation | $5.96B | Cessna Citation jets; Beechcraft King Air and Cessna Caravan turboprops; Cessna Skyhawk and Skylane piston aircraft; Beechcraft T-6 trainer and AT-6 light attack aircraft; aftermarket services |
| Bell | $4.28B | MV-75 tiltrotor (development); V-22 Osprey production and support; H-1 helicopters including the AH-1Z Viper; commercial Bell 429, 407GXi, 412EPX, 505 |
| Textron Systems | $1.25B | Ship-to-Shore Connector landing craft, Aerosonde unmanned aircraft, armoured vehicles, weapons, simulation and training, Lycoming piston engines |
| Industrial | $3.21B | Kautex automotive fuel systems; Textron Specialized Vehicles including E-Z-GO golf cars and Jacobsen turf equipment |
Textron’s annual report says the T-6 has trained pilots from more than 40 countries. It also reports that the Shadow tactical drone programme was cancelled in 2024, which reduced Textron Systems volume. Textron eAviation, which includes Pipistrel electric aircraft, stopped being a separate segment on 4 January 2026 and moved mainly into Textron Aviation.
What Is the Bell V-280 Valor and MV-75 Cheyenne II?
The Bell V-280 Valor is a tiltrotor demonstrator that first flew on 18 December 2017 in Amarillo, Texas, according to Wikipedia. In December 2022 the US Army chose Bell’s design over the Sikorsky-Boeing Defiant X for the Future Long-Range Assault Aircraft, intended to replace the UH-60 Black Hawk. The aircraft became the MV-75 in May 2025 and was named Cheyenne II in April 2026.
| Item | Detail |
|---|---|
| Programme | Future Long-Range Assault Aircraft (FLRAA), awarded December 2022 |
| Crew and passengers | 4 crew, 14 troops (Wikipedia) |
| Cruise speed | About 280 knots (320 mph) (Wikipedia) |
| Status | Engineering and manufacturing development; first prototype tests planned for 2026 (Textron 10-K) |
| Planned fielding | Around 2031 (Wikipedia) |
Textron said in July 2026 that Bell had produced key long-lead parts and that its outlook assumes additional fiscal 2026 MV-75 funding. It has also flagged higher Bell investment to speed the programme, which weighs on cash flow. The rival team is covered in our Boeing defence profile, and rotorcraft basics are in our helicopter explainer.
Textron Revenue and Financial Results
Revenue rose 8% in 2025 to $14.8 billion, and net income was $921 million against $824 million in 2024. Adjusted earnings were $6.10 per share, and manufacturing cash flow before pension contributions was $969 million. Textron forecast 2026 revenue of about $15.5 billion in January.
| Period | Revenue | Earnings |
|---|---|---|
| Fiscal 2024 | $13.7B (Wikipedia) | Net income $824M; adjusted EPS $5.48 |
| Fiscal 2025 | $14.8B (+8%) | Net income $921M; adjusted EPS $6.10; manufacturing cash flow $969M |
| Q2 2026 | $3.83B (+3%) | Net income $248M; EPS $1.42; adjusted EPS $1.62 |
| 2026 outlook | About $15.5B | GAAP EPS $5.39 to $5.59; adjusted EPS $6.40 to $6.60 |
| Segment | Revenue | Segment profit | Backlog |
|---|---|---|---|
| Textron Aviation | $1.544B | $165M | $8.0B |
| Bell | $1.074B | $75M | $7.5B |
| Textron Systems | $347M | $44M | $3.3B |
| Industrial | $848M | $59M | — |
First-half revenue was up $500 million, or 7%, and the company said it had started a sale process for the Industrial segment.
Textron History Timeline
| Year | Event |
|---|---|
| 1923 | Royal Little founds Special Yarns Company in Boston |
| 1947 | Company listed on the NYSE |
| 1953 | Conglomerate strategy begins with the purchase of Burkart Manufacturing |
| 1960 | Acquires Bell Aerospace and E-Z-GO |
| 1984 | Buys Avco for $1.4 billion |
| 2014 | Completes the Beechcraft acquisition, agreed in 2013 for $1.4 billion |
| 2017 | Acquires Arctic Cat for $247 million; V-280 Valor first flight in December |
| 2022 | Buys Pipistrel for $235 million; Army picks Bell for FLRAA in December |
| 2026 | Lisa Atherton becomes CEO on 4 January |
Recent Textron Contracts and Developments
In September 2026 Bell began production of Nigeria’s first AH-1Z helicopters. Our report on the Nigeria AH-1Z Viper order describes 12 aircraft, a Bell airframe contract of $455 million and full delivery scheduled for early 2029, making Nigeria the first African operator.
Beechcraft King Air aircraft also feature in defence work, such as a $39.6 million Navy deal for Philippine Coast Guard King Air 350 aircraft handled by Technology Service Corp. Textron’s US rival on Navy shipbuilding and combat vehicles is covered in the General Dynamics profile.
Textron FAQ
Where is Textron headquartered?
Providence, Rhode Island.
How many employees does Textron have?
About 34,000 worldwide at 3 January 2026, according to its 2025 annual report.
What was Textron’s revenue in 2025?
$14.8 billion, up 8% from 2024.
Who is the CEO of Textron?
Lisa M. Atherton, who took over on 4 January 2026. Scott Donnelly is executive chairman.
Does Textron own Cessna and Beechcraft?
Yes. Both brands sit within Textron Aviation, which also services the Hawker brand.
What is the Bell V-280 Valor?
A tiltrotor demonstrator that led to the US Army’s MV-75 Cheyenne II, selected in December 2022 to replace the UH-60 Black Hawk.
Which helicopters does Bell make for the military?
The H-1 helicopter family including the AH-1Z Viper, the V-22 Osprey tiltrotor and, in development, the MV-75.
Is Textron selling a business?
Textron said in July 2026 that it had initiated a sale process for its Industrial segment.
- Textron – Form 10-K for fiscal year ended 3 January 2026 (SEC)
- Textron – Fourth Quarter 2025 Results, 28 January 2026
- Textron – Second Quarter 2026 Results (SEC Form 8-K exhibit)
- Wikipedia – Textron; Bell MV-75 Cheyenne II
- Defence and Tech – Nigeria AH-1Z, King Air 350