Apr 202523
Textron sells Textron Powersports
Buyer: Undisclosed buyer
The Powersports business within Textron Specialized Vehicles, including the Arctic Cat brand and its operations
$16 millionClosed Apr 23, 2025
Company
Textron Inc.
Textron is a multi-industry company with aircraft, defense, industrial and finance businesses serving customers worldwide. ↗
| Headquarters | Providence, RI ↗ |
|---|---|
| Founded | 1923 ↗ |
| Leadership | Scott Donnelly, Chairman and Chief Executive Officer ↗ |
| Employees | approximately 34,000 ↗ |
| Revenue | $13.7 billion (fiscal 2024) ↗ |
| Department of War obligations | $4.0 billion in prime contracts since fiscal 2022 ↗ |
| Shares | TXT ↗ |
Products
- Bell builds the MV-75 tiltrotor for the U.S. Army's Future Long Range Assault Aircraft program and produces and supports the V-22 tiltrotor and H-1 helicopters. ↗
- Bell's commercial helicopters include the 429, 407GXi, 412EPX and 505 Jet Ranger X. ↗
- Textron Systems builds the Ship-to-Shore Connector, the U.S. Navy's next generation of Landing Craft Air Cushion vehicles. ↗
- Textron Systems makes the Aerosonde family of unmanned aircraft systems for commercial and military operations. ↗
- Textron Systems makes piston aircraft engines under the Lycoming brand. ↗
- Textron Aviation builds the Beechcraft T-6 trainer, used to train pilots from more than 40 countries, and the AT-6 light attack aircraft. ↗
- Textron Aviation builds Cessna Citation business jets, including the Citation Ascend, Latitude and Longitude. ↗
- Textron Aviation builds the Beechcraft King Air turboprops and the Cessna Caravan family. ↗
- Kautex makes plastic fuel systems for automobiles and light trucks. ↗
- Pipistrel builds the Velis Electro, an electric light aircraft with European Union Aviation Safety Agency and UK Civil Aviation Authority type certification. ↗
Customers
- The U.S. Army is the customer for Bell's MV-75 tiltrotor, awarded in December 2022. ↗
- The U.S. Navy buys the Ship-to-Shore Connector, and added $480 million of units in fiscal 2025. ↗
- ATAC provides live air-to-air and air-to-ship training for U.S. Navy, Marine and Air Force personnel, with a five-year, $475 million U.S. Navy fighter jet services contract. ↗
Deals since 2020
May 202415
Textron eAviation GmbH buys Amazilia Aerospace
A developer of digital flight control, flight guidance and vehicle management systems for civil manned and unmanned aircraft, based in Munich, Germany
UndisclosedClosed
Mar 202217
Textron buys Pipistrel
A company focused on electrically powered aircraft, based in Slovenia and Italy
$239 millionClosed Apr 15, 2022
Nov 202025
Textron sells TRU Simulation + Training Canada
Buyer: Undisclosed buyer
Manufactured and maintained flight simulators for commercial airlines
$38 millionClosed Jan 25, 2021
Jan 202006
Textron buys Premiair Aviation Maintenance
An Australian Maintenance, Repair and Overhaul (MRO) service provider
UndisclosedClosed
Other acquisitions
Our coverage
- IndustryTextron raises outlook with MV-75 funding now approvedTextron says its higher forecasts reflect MV-75 funding approval and associated contract modifications. Its July outlook already assumed the funding; Bell’s quarterly program volume fell.
- Industry · Naval aviation trainingSNC exits Navy T-45 replacement competition, Breaking Defense reportsBreaking Defense reports SNC declined to bid under the Navy’s contract structure, leaving Textron’s M-346N as the service’s “one true competitor.”
- Budget · Army aviationTextron warns MV-75 production award could slip, Breaking Defense reportsA continuing resolution could delay the Army award and lift Textron’s estimated funding-delay costs to $110 million to $150 million, Breaking Defense reports.