Textron Core Information and Official Website Domain Name

Textron Inc. is a diversified American multinational corporation founded in 1923. Originally founded as a specialty yarn manufacturer, the company ranked 318th on the Fortune 500 list in 2023 with revenue of $12.869 billion. It operates in 25 countries and employs approximately 32,000 people. Its businesses span aircraft, defense and intelligence, industrial, and financial services, and include brands such as Bell Helicopter and Cessna Aircraft.

Founded by Roy Little, the company first transformed itself during World War II by producing parachutes. In 1953, it embarked on a diversification strategy, acquiring several companies. After 1985, it expanded into aviation services, and in the 1990s, it optimized its organizational structure through management reforms. Textron has been repeatedly listed on the Fortune 500 and Forbes Global 2000 lists.

Textron Inc. is a global diversified American corporation.

In 1923, 22-year-old Royal Little, a Harvard graduate and veteran of World War I, founded the Special Yarns Company with US$10,000. The company grew to 19 million spindles, successfully capturing a significant portion of the US synthetic yarn market.

By 1930, Special Yarns produced 4% of the nation's rayon supply and was renamed Atlantic Rayon. With the outbreak of World War II, in 1942, Atlantic Rayon invested US$100,000 to establish the Atlantic Parachute Company to produce parachutes for airborne troops. This decision significantly impacted the future Textron Corporation, transforming the company from a yarn manufacturer into a major textile manufacturing company. Within two years of its founding, Atlantic Rayon's sales tripled, and its workforce expanded from 900 to 3,000.

Company Name: Textron Inc.

Official Domain: textron.com

Domain Created: April 13, 1992

Country: United States

Headquarters: Providence, MD, USA

Founded: 1923

Founder: Roy Little