Textron Systems Offers New Precision Survey Sensor on Aerosonde™ Small Unmanned Aircraft System
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
2019 Fact Book 1 38% Textron Aviation’S Share of Textron 2019 Revenues TEXTRON AVIATION Cessna Denalitm Cessna Longitude®
2 019 FACT BOOK ww Textron Inc. is a $13.6 billion multi-industry company with approximately 35,000 TOTAL REVENUE TOTAL REVENUE TOTAL REVENUE employees. The Company leverages its global network of aircraft, defense, BY SEGMENT BY TYPE BY REGION industrial, and finance businesses to provide customers with innovative products and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. Financial Highlights Dollars in millions, except per share data 2019 2018 Change Revenues $13,630 $13,972 (2)% Textron Commercial 76% U.S. 66% Aviation 38% International revenues % 34% 38% U.S. Government 24% Europe 14% Segment profit1 $ 1,270 $ 1,267 0% Industrial 28% Finance <1% Asia and Income from continuing operations—GAAP $ 815 $ 1,222 (33)% Bell 24% Australia 8% Adjusted income from continuing operations—Non-GAAP2 $ 870 $ 845 3% Textron Other 12% Manufacturing Group debt3 $ 3,124 $ 3,066 2% Systems 10% Shareholders’ equity $ 5,518 $ 5,192 6% Finance <1% Manufacturing Group debt-to-capital (net of cash)2 26% 29% Common Share Data Diluted EPS from continuing operations—GAAP $ 3.50 $ 4.83 (28)% Adjusted diluted EPS from continuing TOTAL REVENUE TOTAL REVENUE TOTAL REVENUE operations—Non-GAAP2 $ 3.74 BY$ SEGMENT3.34 12% BY TYPE BY REGION Dividends per share $ 0.08 $ 0.08 — Diluted average shares outstanding (in thousands) 232,709 253,237 (8)% Key Performance Metrics ROIC4 13.3% 13.0% Net cash provided by operating activities of continuing operations—Manufacturing Group—GAAP5 $ 960 $ 1,127 (15)% Manufacturing cash flow before pension contributions— Non-GAAP3, 5 $ 642 $ 784 (18)% Manufacturing pension contributions $ 51 $ Textron 52 (2)% Commercial 76% U.S. -
Form 10-K Textron Inc
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K [ x ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2018 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) Delaware 05-0315468 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 40 Westminster Street, Providence, RI 02903 (Address of principal executive offices) (Zip code) Registrant’s Telephone Number, Including Area Code: (401) 421-2800 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock — par value $0.125 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicat e by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ü No___ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No ü Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
2019 Annual Report
2019 ANNUAL REPORT ANNUAL REPORT 2 019 ANNUAL REPORT Textron’s Diverse Product Portfolio Textron is known around the world for its powerful brands of aircraft, defense and industrial products that provide customers with groundbreaking technologies, innovative solutions and first-class service. TEXTRON AVIATION BELL INDUSTRIAL TEXTRON SYSTEMS Citation Longitude® Bell V-280 Valor Tracker Off Road 800SX Ship-to-Shore Connector (SSC) Aerosonde® Small Unmanned Citation Latitude® Bell-Boeing MV-22 Osprey Arctic Cat RIOT 8000 Aircraft System Beechcraft AT-6 Wolverine Bell 360 Invictus E-Z-GO® RXV® ELiTETM RIPSAW® M5 LycomingTM iE2 Integrated Beechcraft® King Air® 350i Bell 525 Relentless Jacobsen TR330 Electronic Engine TRU Simulaton + Training Cessna SkyCourierTM Bell 429 Global Ranger Kautex Fuel Tank Full Flight Simulator Common Unmanned Surface DenaliTM Bell 505 Jet Ranger X Textron GSE TUGTM ALPHA 4 Vehicle (CUSV®) Textron’s Global Network of Businesses TEXTRON AVIATION Textron Aviation is home to the Beechcraft®, Cessna® and Hawker® aircraft brands and continues to be a leader in general aviation through two principal lines of business: aircraft and aftermarket. Aircraft includes sales of business jet, turboprop and piston aircraft, as well as special mission and military aircraft. Aftermarket includes commercial parts sales, maintenance, inspection and repair services. BELL Bell is a leading supplier of helicopters and related spare parts and services. Bell is the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 130 countries. INDUSTRIAL Our Industrial segment offers two main product lines: fuel systems and functional components produced by Kautex; and specialized vehicles such as golf cars, recreational and utility vehicles, aviation ground support equipment and professional mowers, manufactured by Textron Specialized Vehicles businesses. -
2014 FACT BOOK Textron Inc
2014 FACT BOOK Textron Inc. is a $13.9 billion multi-industry company with approximately 34,000 employees. The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Beechcraft, Bell Helicopter, Cessna, E-Z-GO, Greenlee, Hawker, Jacobsen, Kautex, Lycoming, Textron Systems, Textron Financial Corporation and TRU Simulation + Training. KEY EXECUTIVES SCOTT C. DONNELLY FRANK T. CONNOR Scott C. Donnelly was named chief Frank T. Connor joined Textron as executive executive officer in December 2009 and vice president and chief financial officer in chairman of the board in September 2010. August 2009. Connor came to Textron after Donnelly joined Textron as executive vice a 22-year career at Goldman, Sachs & Co. president and chief operating officer in where he was most recently managing June 2008 and was promoted to president director and head of Telecom Investment in January 2009. Prior to joining Textron, Banking. Prior to that, he served as Donnelly was president and CEO for Goldman, Sachs & Co.’s chief operating General Electric (GE) Aviation. officer of Telecom, Technology and Media Scott C. Donnelly Frank T. Connor Investment Banking. Chairman, President and Executive Vice President Chief Executive Officer and Chief Financial Officer Scott A. Ernest John L. Garrison Jr. Ellen M. Lord J. Scott Hall R. Danny Maldonado Textron Aviation Bell Helicopter Textron Systems Segment Industrial Segment Finance Segment President and CEO President and CEO President and CEO President and CEO President and CEO Revenue by Segment Revenue by Customer Type Revenue by Geography Textron Aviation 33% Commercial 65% U.S. -
Download the Printable 96-Page 2020 Annual Report
2020 ANNUAL REPORT TEXTRON’S DIVERSE PRODUCT PORTFOLIO Textron is known around the world for its powerful brands of aircraft, defense and industrial products that provide customers with groundbreaking technologies, innovative solutions and first-class service. TEXTRON AVIATION BELL INDUSTRIAL TEXTRON SYSTEMS Citation Longitude® Bell V-280 Valor Tracker Off Road 800SX Ship-to-Shore Connector (SSC) Aerosonde® Small Unmanned Citation Latitude® Bell Boeing MV-22 Osprey Blast-M Arctic Cat Aircraft System Beechcraft® AT-6 Wolverine® Bell 360 Invictus E-Z-GO® RXV® ELiTETM RIPSAW® M5 LycomingTM iE2 Integrated Beechcraft® King Air® 360 Bell 525 Relentless Jacobsen Eclipse 360 Elite Electronic Engine Cessna SkyCourier® Bell 429 Global Ranger Kautex Fuel Tank ATAC’s Mirage F1B Fighter Jet Common Unmanned Surface Beechcraft® King Air® 260 Bell 505 Jet Ranger X Textron GSE TUGTM ALPHA 1 Vehicle (CUSV®) TEXTRON’S GLOBAL NETWORK OF BUSINESSES TEXTRON TEXTRON AVIATION BELL INDUSTRIAL SYSTEMS FINANCE Textron Aviation is home Bell is a leading supplier Our Industrial segment Textron Systems’ Our Finance segment, to the Beechcraft®, of helicopters and offers two main product businesses provide operated by Textron Cessna® and Hawker® related spare parts lines: fuel systems and innovative solutions to Financial Corporation aircraft brands and and services. Bell functional components the defense, aerospace (TFC), is a commercial continues to be a leader is the pioneer of the produced by Kautex; and general aviation finance business that in general aviation revolutionary tiltrotor and specialized vehicles markets. Product lines provides financing through two principal aircraft. Globally such as golf cars, include unmanned solutions for purchasers lines of business: recognized for world- recreational and utility systems, advanced of Textron products, aircraft and aftermarket. -
Textron Systems Australia Business Overview
AIC INDUSTRY ENGAGEMENT COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 1 Textron Systems Australian Industry Engagement LAND 129 Phase 3 SEA 129 Phase 5 JACK KORMAS MANAGING DIRECTOR OCTOBER 2019 COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 3 COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 4 TEXTRON Leading Businesses BELL TEXTRON AVIATION TEXTRON SYSTEMS INDUSTRIAL FINANCE Bell Helicopter Cessna Aircraft Unmanned Systems Marine & Land Systems Textron Specialized Vehicles Textron Financial Weapon & Sensor Support Solutions Systems Beechcraft Electronic Systems Jacobsen Lycoming Engines Hawker Geospatial Solutions Kautex TRU Simulation + Training Airborne Tactical Solutions Advanced Information Solutions 23% 35% 11% 30% 1% 2018 Revenue: $14.0 Billion COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 5 TEXTRON SYSTEMS AUSTRALIA Overview COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 6 TEXTRON SYSTEMS AUSTRALIA Scope of potential contract Project LAND 129 Phase 3 (L129-3) • Scope: Will replace and enhance the existing Shadow 200 v1 TUAS capability operated by 20th Surveillance and Target Acquisition Regiment (20 STA Regt). • Requirement: The project will grow the capability to provide a third sub-unit (Battery) and provide an enduring capability effect that enables 24/7 intelligence, surveillance and reconnaissance (ISR) coverage. The TUAS capability should integrate with existing and future in-service systems in order to disseminate information and intelligence to required personnel. • Opportunity: Textron to offer Aerosonde system including Air Vehicle, Launch and Recovery System, GCS, Training, etc. COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. -
Investor Fact Book Textron
INVESTOR FACT BOOK TEXTRON Textron Inc. is a $10.5 billion multi-industry company operating in 25 countries with approximately 32,000 employees. The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, E-Z-GO, Greenlee, Jacobsen, Kautex, Lycoming, Textron Systems and Textron Financial Corporation. Textron Inc. consists of numerous subsidiaries and operating divisions. Please refer to the back cover for legal entity structure. Key Executives Scott C. Donnelly Frank T. Connor Chairman and Executive Vice President and Chief Executive Officer Chief Financial Officer Scott C. Donnelly was named chief executive officer Frank Connor joined Textron as executive vice in December 2009 and chairman of the board in president and chief financial officer in August 2009. September 2010. Donnelly joined Textron as executive Connor came to Textron after a 22-year career at vice president and chief operating officer in June 2008 Goldman, Sachs & Co. where, most recently, he was and was promoted to president in January 2009. Prior managing director and head of Telecom Investment to joining Textron, Donnelly was president and CEO for Banking. Prior to that, he served as Goldman, Sachs & General Electric (GE) Aviation. He also held various Co.’s chief operating officer of Telecom, Technology other management positions since joining GE in 1989. -
2014 Annual Report Textron’S Global Network of Businesses
2014 ANNUAL REPORT TEXTRON’S GLOBAL NETWORK OF BUSINESSES BELL HELICOPTER TEXTRON SYSTEMS TEXTRON AVIATION INDUSTRIAL FINANCE Bell Helicopter is one of the Textron Systems’ businesses Textron Aviation is home to Our Industrial segment offers Our Finance segment, leading suppliers of provide innovative solutions the iconic Beechcraft, three main product lines: operated by Textron helicopters and related spare to the defense, aerospace Cessna and Hawker brands, fuel systems and functional Financial Corporation (TFC), parts and services in the and general aviation and continues to lead components produced by is a commercial finance world. Bell is the pioneer of markets. Product lines general aviation through two Kautex; specialized vehicles business that provides the revolutionary tiltrotor include unmanned systems, principal lines of business: and equipment manufactured financing solutions for aircraft and has delivered armored vehicles, advanced aircraft sales and aftermarket. by the Textron Specialized purchasers of Textron more than 35,000 aircraft to marine craft, intelligent Aircraft sales include Vehicles businesses and products, primarily Textron customers around the world. battlefield and surveillance business jet, turboprop and Jacobsen; and tools and Aviation aircraft and Bell Greater than 29% of all systems, intelligence piston aircraft, as well as test equipment made by helicopters. For more than helicopters in operation software solutions, piston special mission and military the Textron Tools & Test five decades, TFC has played today carry the Bell brand, engines, simulation, training aircraft. Aftermarket includes companies. a key role for Textron including both military and and other defense and parts sales, maintenance, customers around the globe. commercial applications. aviation mission support inspection and repair products and services. -
Textron Systems Australia
Textron Systems Australia Land Forces 2021 Bringing Australian SME's into the International Textron Systems UAS supply chain JACK KORMAS MANAGING DIRECTOR COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 2 JUNE 20211 TEXTRON Leading Businesses BELL TEXTRON AVIATION TEXTRON SYSTEMS INDUSTRIAL FINANCE Textron Specialized Vehicles Textron Financial Unmanned Systems Marine & Land Systems Weapon & Sensor Support Solutions Greenlee Systems Electronic Systems Lycoming Engines Jacobsen Geospatial Solutions TRU Simulation + Kautex Training Airborne Tactical Solutions Advanced Information Solutions 23% 35% 11% 30% 1% 2020 Revenue: $15.0 Billion COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 2 TEXTRON A History of Aviation Leadership Lycoming Textron Systems Since 1929 Since 1985 Powers more than half the worlds general More than 1,000,000 unmanned system aviation rotary-wing and fixed-wing fleet. flight hours Beechcraft / Cessna / Hawker Bell Helicopter Since 1927 Since 1935 Over 250,000 aircraft worldwide today Fire commercially certified helicopter and over 35,000 aircraft worldwide COMPANY PROPRIETARY © 2019 Textron Systems Australia Pty Ltd. All rights reserved. 3 TEXTRON SYSTEMS AUSTRALIA History • 1995 – Aerosonde formed • 1997 – First 24 hour flight • 1998 – Trans-Atlantic flight • 1999 – Operation in Alaska (5 years) • 2003 – Australian Coast Guard project • 2003 – Solomon Islands Deployment ADF • 2005 – Hurricane Ophelia surveillance – Weatherscout program – Singapore -
Form 10-K Textron Inc
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K [ x ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 2, 2016 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) Delaware 05-0315468 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 40 Westminster Street, Providence, RI 02903 (Address of principal executive offices) (Zip code) Registrant’s Telephone Number, Including Area Code: (401) 421-2800 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock — par value $0.125 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ü No___ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No ü Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
Download the Printable 100-Page 2019 Annual Report
2019 ANNUAL REPORT ANNUAL REPORT 2 019 ANNUAL REPORT Textron’s Diverse Product Portfolio Textron is known around the world for its powerful brands of aircraft, defense and industrial products that provide customers with groundbreaking technologies, innovative solutions and first-class service. TEXTRON AVIATION BELL INDUSTRIAL TEXTRON SYSTEMS Citation Longitude® Bell V-280 Valor Tracker Off Road 800SX Ship-to-Shore Connector (SSC) Aerosonde® Small Unmanned Citation Latitude® Bell-Boeing MV-22 Osprey Arctic Cat RIOT 8000 Aircraft System Beechcraft AT-6 Wolverine Bell 360 Invictus E-Z-GO® RXV® ELiTETM RIPSAW® M5 LycomingTM iE2 Integrated Beechcraft® King Air® 350i Bell 525 Relentless Jacobsen TR330 Electronic Engine TRU Simulation + Training Cessna SkyCourierTM Bell 429 Global Ranger Kautex Fuel Tank Full Flight Simulator Common Unmanned Surface DenaliTM Bell 505 Jet Ranger X Textron GSE TUGTM ALPHA 4 Vehicle (CUSV®) Textron’s Global Network of Businesses TEXTRON AVIATION Textron Aviation is home to the Beechcraft®, Cessna® and Hawker® aircraft brands and continues to be a leader in general aviation through two principal lines of business: aircraft and aftermarket. Aircraft includes sales of business jet, turboprop and piston aircraft, as well as special mission and military aircraft. Aftermarket includes commercial parts sales, maintenance, inspection and repair services. BELL Bell is a leading supplier of helicopters and related spare parts and services. Bell is the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 130 countries. INDUSTRIAL Our Industrial segment offers two main product lines: fuel systems and functional components produced by Kautex; and specialized vehicles such as golf cars, recreational and utility vehicles, aviation ground support equipment and professional mowers, manufactured by Textron Specialized Vehicles businesses. -
UNMANNED SYSTEMS VOICE of INDUSTRY Education and Workforce Development Summit, Virginia Tech
UNMANNED SYSTEMS VOICE OF INDUSTRY Education and Workforce Development Summit, Virginia Tech. March 15, 2016 Jim Glowacki Director, Business Product Support Textron Systems, Unmanned Systems [email protected] This presentation does not contain technical data subject to U.S. Export Regulations. The commodities depicted may require U.S. government approval for export. 410-628-3441 © 2016 Textron Inc., Textron Systems Corporation, AAI Corporation, Overwatch Systems, Ltd., Avco Corporation, and TRU Simulation + Training, Inc. All rights reserved. Textron Inc. Leading Businesses Textron Aviation Bell Textron Systems Industrial Finance • Cessna Aircraft • Bell Helicopter • Textron Systems • Textron Specialized • Textron Financial • Lycoming Engines Vehicles • Beechcraft • TRU Simulation • Textron Tools & Test • Hawker + Training • Jacobsen • Kautex 36% 26% 11% 26% 1% 2015 Revenue: $13B+ © 2016 Textron Inc., Textron Systems Corporation, AAI Corporation, Overwatch Systems, Ltd., Avco Corporation, and TRU Simulation + Training, Inc. All rights reserved. 2 Protection Systems & Reentry Vehicles Textron Systems Businesses Advanced Information Solutions Electronic Systems Geospatial Solutions Lycoming Engines Marine & TRU Simulation + Land Systems Support Solutions Training Weapon & Unmanned Systems Sensor Systems © 2016 Textron Inc., Textron Systems Corporation, AAI Corporation, Overwatch Systems, Ltd., Avco Corporation, and TRU Simulation + Training, Inc. All rights reserved. 3 Protection Systems & Reentry Vehicles 28+ Years of Proud Unmanned