Textron (TXT) FY2025 results: revenue $14.8 billion, up 8.0% on the year

Textron is a multi-industry company built from aircraft, defense, industrial and finance businesses. Through 2025 it ran six segments: Textron Aviation, Bell, Textron Systems, Industrial and Textron eAviation on the manufacturing side, plus Finance, its captive lender. From the start of its 2026 fiscal year on 4 January 2026, the eAviation segment was broken up and its activities moved into the other segments, eliminating it as a separate reporting segment. Contracts with the US Government, including foreign military sales run through it, were approximately 27% of consolidated revenues in 2025, mostly at Bell and Textron Systems.

Textron Aviation

Textron Aviation builds and services Cessna and Beechcraft aircraft and services the Hawker brand of business jets, in two lines: aircraft, and aftermarket parts and services. The business jets are the Cessna Citation M2 Gen2, CJ3 Gen2, CJ4 Gen2, Ascend, Latitude and Longitude, with Gen3 versions of the light jets under development and due in service in 2027. The turboprops are the Beechcraft King Air 260, 360ER and 360 and the Cessna Caravan, Grand Caravan EX and SkyCourier; the Beechcraft Denali is still working towards FAA certification. Military trainers and defense aircraft are the Beechcraft T-6, used to train pilots from more than 40 countries, and the AT-6 light attack aircraft, and the piston line is the Cessna Skyhawk, Skylane, Turbo Skylane and Turbo Stationair HD. Support runs through more than 20 company service centres, more than 300 authorised independent ones, around-the-clock parts and over 80 mobile service units.

Bell

Bell supplies military and commercial helicopters and tiltrotor aircraft, which the filing describes as combining the benefits of helicopters and fixed-wing aircraft. The main US Government work is the MV-75, the next-generation tiltrotor for the Army's Future Long Range Assault Aircraft programme, won in December 2022 and moved into engineering and manufacturing development after Milestone B approval in 2024, with first prototype tests planned for 2026, plus production and support of the V-22 and the H-1. Commercial helicopters on offer are the 429, 407GXi, 412EPX and 505 Jet Ranger X, with the super medium 525 Relentless still in FAA certification. Bell supports an installed base of approximately 13,000 helicopters through eight company service centres, four parts distribution centres and approximately 85 independent centres in about 35 countries, and runs the Bell Training Academy at Fort Worth with satellites in Singapore and Spain, training roughly 2,000 pilots and 1,000 maintainers a year.

Textron Systems

Textron Systems builds and integrates products for military, government and commercial customers across defense, homeland security, aerospace and infrastructure protection. The list runs through electronic systems, advanced marine craft, piston aircraft engines under the Lycoming brand, weapons and components, unmanned aircraft systems, and armored and specialty vehicles both manned and unmanned. Named programmes include the Ship-to-Shore Connector, the US Navy's next generation of landing craft air cushion vehicles, and the Aerosonde family of unmanned aircraft. On the services side, Airborne Tactical Advantage Company provides live air-to-air and air-to-ship training for Navy, Marine and Air Force personnel.

Industrial

Industrial holds two businesses. Kautex, headquartered in Bonn, makes plastic fuel systems for cars and light trucks, including pressurised tanks for hybrids, clear-vision and cleaning systems for driver assistance cameras and sensors, tanks for the catalytic reduction systems that cut diesel emissions, and composite Pentatonic battery systems for electric vehicles; it runs over 30 plants in 13 countries and nine engineering and research locations. The filing states that Textron Specialized Vehicles sells under the E-Z-GO, TUG Technologies, Douglas Equipment, Premier, Safeaero, Ransomes, Jacobsen and Cushman brands: golf cars, utility and light transportation vehicles, aviation ground support equipment and turf-maintenance machinery, sold through independent distributors and dealers and factory direct, with E-Z-GO also refurbishing and reselling used golf cars.

The order book, and the rest

Backlog, which excludes unexercised options and indefinite-delivery contracts, stood at $18,823 million at 3 January 2026 against $17,908 million a year earlier: Textron Aviation $7,724 million, Bell $7,795 million and Textron Systems $3,304 million. The Finance segment, Textron Financial Corporation, lends mainly to buyers of new and pre-owned Textron Aviation aircraft and Bell helicopters, much of it cross-border for aircraft sold outside the United States, and it paid $183 million in 2025 to finance the manufacturing group's sales to third parties. There were approximately 34,000 employees at 3 January 2026, approximately 80% of them in the United States; approximately 7,700, or 29% of the US employees, most at Bell and Textron Aviation, are covered by collective bargaining agreements.

From Textron's annual report on Form 10-K for the year ended 3 January 2026. The filing

Written from the 10-K filed 11 February 2026: read the full 10-K.