Textron (TXT)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-07-08
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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Results of Operations and Financial Condition On April 30, 2026, Textron Inc. (“Textron” or the "Company") issued a press release announcing its financial results for the fiscal quarter ended April 4, 2026. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and resul…
Other Events. On April 30, 2026, Textron announced its intent to separate its Industrial segment, composed of Kautex and Textron Specialized Vehicles, 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…
Director — Cristina Méndez: Cristina Méndez was elected as a new Director of Textron Inc.
Results of Operations and Financial Condition On January 28, 2026, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter and year ended January 3, 2026. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results o…
Other Events On October 31, 2025, Textron Inc. (“Textron”) issued and sold $500,000,000 principal amount of its 4.950% Notes due March 15, 2036 (the “Notes”) pursuant to its Registration Statement on Form S-3 (No. 333-269915), including the related Prospectus dated February 22, 2023, as supplemented by the Prospectus Supplement dated October 28, 2025. The exhibits to this Current Report on Form 8-K are hereby incorporated by reference in such Registration Statement.
Results of Operations and Financial Condition On October 23, 2025, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter ended September 27, 2025. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results of oper…
President and Chief Executive Officer — Lisa M. Atherton: Lisa M. Atherton was promoted to President and CEO of Textron Inc., succeeding Scott C. Donnelly.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement On October 16, 2025, Textron Inc. (“Textron”) entered into a senior unsecured revolving credit facility (the “Facility Agreement”) with the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, in an aggregate principal amount of $1.0 billion. Textron may elect to increase the aggregate amount of commitments under…
Entry into a Material Definitive Agreement.
Termination of a Material Definitive Agreement.
Results of Operations and Financial Condition On July 24, 2025, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter ended June 28, 2025. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results of operations i…
Results of Operations and Financial Condition On April 24, 2025, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter ended March 29, 2025. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results of operations…
Director — Rob Mionis: Election of Rob Mionis as a member of the Board of Directors.
Other Events On February 13, 2025, Textron Inc. (“Textron”) issued and sold $500,000,000 principal amount of its 5.500% Notes due May 15, 2035 (the “Notes”) pursuant to its Registration Statement on Form S-3 (No. 333-269915), including the related Prospectus dated February 22, 2023, as supplemented by the Prospectus Supplement dated February 10, 2025. The exhibits to this Current Report on Form 8-K are hereby incorporated by reference in such Registration Statement.
Results of Operations and Financial Condition On January 22, 2025, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter and year ended December 28, 2024. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results…
Cost Associated with Exit or Disposal Activities
Other Events Textron Inc. is pursuing strategic alternatives for its Powersports product line within the Industrial segment’s Textron Specialized Vehicles (TSV) business. The consumer end market demand for powersports products continues to remain soft. As a result, and in conjunction with its annual operating plan process, TSV has begun to pause production of its powersports products as Textron’s management reviews strategic alternatives for the business. Upon completion of limited production…
Results of Operations and Financial Condition On October 24, 2024, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter ended September 28, 2024. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results of oper…
Chief Financial Officer (CFO) — Frank T. Connor and David Rosenberg: Frank T. Connor is retiring as CFO, and David Rosenberg has been appointed to succeed him.
Results of Operations and Financial Condition On July 18, 2024, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter ended June 29, 2024. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results of operations i…
Results of Operations and Financial Condition On April 25, 2024, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter ended March 30, 2024. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results of operations…
Costs Associated with Exit or Disposal Activities On April 24, 2024, the Board of Directors approved the expansion of Textron’s 2023 restructuring plan, from the previously announced range of $115 million to $135 million in pre-tax special charges to a range of $165 million to $170 million, to further reduce operating expenses through headcount reductions. In the first quarter of 2024, both the Shadow and Future Attack Reconnaissance Aircraft programs were cancelled at the Textron Systems and…
Results of Operations and Financial Condition On January 24, 2024, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter and year ended December 30, 2023. This press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investors regarding Textron’s financial condition and results…
Material Impairments. On November 28, 2023, the Board of Directors of Textron Inc. approved a restructuring plan developed by management in connection with the Company’s annual operating plan process. The plan will reduce operating expenses through headcount reductions at the Industrial, Bell and Textron Systems segments. In the Industrial segment, the plan includes headcount reductions at Textron Specialized Vehicles, resulting from lower demand for certain of our powersports products which…
Costs Associated with Exit or Disposal Activities.
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