secwatch / observer

TEXTRON INC — fact timeline

Source-grounded facts extracted from TEXTRON INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TXT TEXTRON INC JSON
Earnings Releases

TEXTRON INC reported the fiscal quarter ended April 4, 2026 results: revenue $3.7 billion, EPS $1.25 per share.

“(EX-99.1) --- Corporate Communications Department NEWS Release Textron Reports First Quarter 2026 Results; Announces Intent to Separate its Industrial Segment. • Revenues of $3.7 billion, up 12%, or $389 million, compared to the prior year • EPS of $1.25; adjusted EPS of $1.45, up from $1.28 in the prior year • Strong commercial order activity at Textron Aviation”
Governance Changes

TEXTRON INC: Amendment to by-laws to accommodate Executive Chairman role distinct from CEO (effective 2025-10-22).

“On October 22, 2025, the Board approved an amendment to the Company’s amended and restated by-laws (the “Amendment”) of the Company, to be effective immediately.”
Debt Financings

TEXTRON INC incurred revolving credit of $1.0 billion with JPMorgan Chase Bank, N.A. at Term Benchmark Margin which can range from 91 basis points to 130 basis points d maturing October 16, 2030.

“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.”

Rob Mionis was elected as Director at TEXTRON INC.

“the Board of Directors of Textron Inc. (“Textron”) elected Rob Mionis as a member of the Board effective March 1, 2025.”

David Rosenberg was appointed as Executive Vice President and Chief Financial Officer at TEXTRON INC.

“David Rosenberg, currently the Company’s Vice President – Investor Relations, has been appointed Executive Vice President and Chief Financial Officer to succeed Mr. Connor, effective March 1, 2025.”

Frank T. Connor departed as Executive Vice President and Chief Financial Officer at TEXTRON INC.

“Frank T. Connor, Executive Vice President and Chief Financial Officer, will be retiring from the Company effective February 28, 2025.”
Earnings Releases

TEXTRON INC reported first quarter 2024 results: EPS $1.03 per share.

“Textron Reports First Quarter 2024 Results • EPS of $1.03; adjusted EPS of $1.20, up from $1.05 from prior year”
Shareholder Votes

TEXTRON INC shareholders rejected Shareholder proposal regarding an independent board chairman at the 2024-04-24 meeting.

“The shareholder proposal regarding an independent board chairman was rejected by the following vote: For Against Abstain Broker Non-Vote 54,088,529 109,053,872 1,383,910 11,741,204”
Shareholder Votes

TEXTRON INC shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for 2024 at the 2024-04-24 meeting.

“The appointment of Ernst & Young LLP by the Audit Committee as Textron's independent registered public accounting firm for 2024 was ratified by the following vote: For Against Abstain 169,932,080 5,561,445 773,990”
Shareholder Votes

TEXTRON INC shareholders approved Advisory resolution to approve the compensation of our named executive officers at the 2024-04-24 meeting.

“The advisory (non-binding) resolution to approve the compensation of our named executive officers, as disclosed in our proxy statement, was approved by the following vote: For Against Abstain Broker Non-Vote 154,885,957 8,458,151 1,182,203 11,741,204”
Shareholder Votes

TEXTRON INC shareholders approved Proposed Textron Inc. 2024 Long-Term Incentive Plan at the 2024-04-24 meeting.

“The proposed Textron Inc. 2024 Long-Term Incentive Plan was approved by the following vote: For Against Abstain Broker Non-Vote 155,903,702 7,620,637 1,001,972 11,741,204”
Shareholder Votes

TEXTRON INC shareholders approved Election of Directors at the 2024-04-24 meeting.

“The following persons were elected to serve as directors until the next annual shareholders’ meeting and received the following votes: For Against Abstain Broker Non-Vote Scott C. Donnelly 158,758,767 4,817,123 950,421 11,741,204 Richard F. Ambrose 161,764,179 1,877,755 884,377 11,741,204 Kathleen M. Bader 157,286,378 6,236,010 1,003,923 11,741,204 R. Kerry Clark 156,072,478 7,440,354 1,013,479 11,741,204 Michael X. Garrett 160,743,018 2,829,637 953,656 11,741,204 Deborah Lee James 160,140,907 3,496,208 889,196 11,741,204 Thomas A. Kennedy 161,792,462 1,803,471 930,378 11,741,204 Lionel L. Nowell III 160,848,227 2,723,555 954,529 11,741,204 James L. Ziemer 159,179,254 4,420,321 926,736 11,741,204 Maria T. Zuber 147,127,510 16,527,082 871,719 11,741,204”
Restructurings & Charges

TEXTRON INC announced a restructuring with charges of $25 million to $30 million affecting Textron Systems, Bell, Industrial (approximately 1,500 positions).

“of the 2023 restructuring plan, we have incurred $140 million in pre-tax special charges and now expect to incur severance costs in the second quarter of 2024 in the range of $25 million to $30 million. Headcount reductions for the plan are now expected to total approximately 1,500 positions, representing 4% of our global workforce. We estimate that remaining”
Governance Changes

TEXTRON INC: Amended and restated By-Laws to address universal proxy rules and corporate governance matters (effective 2024-02-21).

“On February 21, 2024, the Board of Directors of Textron Inc. (“Textron” or the “Company”) amended and restated the Company’s By-Laws (the “By-Laws”), to be effective immediately.”
Earnings Releases

TEXTRON INC reported the fiscal quarter and year ended December 30, 2023 results: EPS $1.01 per share. Guidance initiated.

“Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter and year ended December 30, 2023.”
Restructurings & Charges

TEXTRON INC announced a restructuring with charges of $115 million to $135 million affecting Industrial, Bell and Textron Systems segments (approximately 725 positions).

“of lower demand, which we anticipate will continue. In the fourth quarter of 2023, we expect to incur pre-tax special charges related to this restructuring plan in the range of $115 million to $135 million. We estimate severance and related costs to be in the range of $35 million to $45 million, and asset impairment charges to be in the range of $80 million to $90”
Earnings Releases

TEXTRON INC reported third quarter 2023 results: EPS $1.35 per share. Guidance raised.

“Textron Reports Third Quarter 2023 Results; Raises Full-Year EPS Outlook”
Earnings Releases

TEXTRON INC reported the fiscal quarter ended July 1, 2023 results: EPS $1.30 per share. Guidance raised.

“Textron Inc. (NYSE: TXT) today reported second quarter 2023 income from continuing operations of $1.30 per share”

Michael X. Garrett was elected as Director at TEXTRON INC.

“On June 22, 2023, the Board of Directors of Textron Inc. (“Textron”) elected Michael X. Garrett as a member of the Board effective July 1, 2023.”
Earnings Releases

TEXTRON INC reported the fiscal quarter ended April 1, 2023 results: EPS $0.92 per share.

“Textron Inc. (NYSE: TXT) today reported first quarter 2023 net income of $0.92 per share, as compared to $0.88 per share in the first quarter of 2022.”
Earnings Releases

TEXTRON INC reported full year 2022 results: EPS $4.01 per share. Guidance initiated.

“Full year 2022 income from continuing operations was $4.01 per share”
Earnings Releases

TEXTRON INC reported fourth quarter 2022 results: EPS $1.07 per share. Guidance initiated.

“Textron Inc. (NYSE: TXT) today reported fourth quarter 2022 income from continuing operations of $1.07 per share”

Thomas A. Kennedy was elected as member of the Board at TEXTRON INC.

“On December 6, 2022, the Board of Directors of Textron Inc. (“Textron”) elected Thomas A. Kennedy as a member of the Board effective January 1, 2023.”
Earnings Releases

TEXTRON INC reported the fiscal quarter ended October 1, 2022 results: EPS $1.06 per share. Guidance reaffirmed.

“On October 27, 2022, Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter ended October 1, 2022.”

Richard F. Ambrose was elected as member of the Board at TEXTRON INC.

“On February 23, 2022, the Board of Directors of Textron Inc. (“Textron”) elected Richard F. Ambrose as a member of the Board effective April 1, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.