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Textron reports 6% Q1 profit boost; will separate industrial segment

PROVIDENCE – Textron Inc. on Thursday reported first-quarter profit of $220 million and announced its intent to separate its industrial segment.  The first-quarter profit was...
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...

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...
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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