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CRISTINA MÉNDEZ, the executive vice president and chief financial officer of Otis Worldwide Corp., has been elected to Textron’s board of directors. She will start Feb. 15. / COURTESY TEXTRON INC.

SEC filing of the week: Otis executive named to Textron’s board...

PROVIDENCE – Cristina Méndez, the executive vice president and chief financial officer at Otis Worldwide Corp., has been elected to Textron Inc.'s board of directors effective...

Textron’s year-end profit climbs 11.7% to $921M

PROVIDENCE – Textron Inc. on Wednesday reported a $921 million profit for 2025, up 11.7% from the $824 million one year prior.  Earnings per diluted...
LISA ATHERTON will be promoted to Textron Inc.'s CEO and president on Jan. 4, the Providence-based company says. COURTESY TEXTRON INC.

Textron names new CEO, reports $234M profit for Q3

PROVIDENCE – Textron Inc. has tabbed Lisa Atherton, chief of the company's Bell segment, to replace longtime Textron CEO and President Scott C. Donnelly...

Textron’s Q2 profit narrows to $245M

PROVIDENCE – Textron Inc. earned a $245 million profit in the second quarter, down from $259 million the year prior, the company said Thursday.  The...

Textron reports $207M profit in Q1, up 3% year over year

PROVIDENCE – Textron Inc. reported a $207 million net income in the first quarter of 2025, a 3% increase from $201 million last year. The...

Textron’s annual profit down 10.6% in 2024

PROVIDENCE – Textron Inc. on Wednesday reported that its net income for 2024 was $824 million, down 10.6% from the $922 million one year...

SEC filing of the week: Textron halts production of Powersports product...

PROVIDENCE – Textron Inc. has paused production of its of Powersports product line within its industrial segment’s specialized-vehicle business due to weak demand.  The maker...
TEXTRON INC. reported a $233 million profit for the third quarter of 2024, a decrease from the $269 million profit one year prior. / COURTESY TEXTRON INC.

Textron’s profit narrows to $223M in Q3; company cites strike as...

PROVIDENCE – Textron Inc. recorded a $223 million profit in the third quarter of 2024, a decrease from the $269 million profit one year...

Textron posts $259M profit in Q2

PROVIDENCE – Textron Inc. earned a $259 million profit in the second quarter, down from $263 million one year prior, the company said Thursday.  The...
TEXTRON INC. says its net income for 2023 was $921 million, an increase from $861 million one year prior. / COURTESY TEXTRON INC.

Textron reports $921M profit for 2023, up 7%

PROVIDENCE – Textron Inc. on Wednesday reported that its net income for 2023 was $921 million, an increase from $861 million one year prior.  Earnings...
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