Every material Form 8-K Textron has filed with the SEC since July 18, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Textron issued and sold $350 million principal amount of 5.500% Notes due March 15, 2032, under its existing S-3 shelf registration, with the underwriting agreement dated November 2, 2026. The filing is a debt financing that adds $350 million to the company's borrowings, and it does not report earnings, guidance or a change in operations.
Notes: $350 million principal amount, 5.500% coupon, due March 15, 2032
Issued November 4, 2026 under Form S-3 (No. 333-293711) and a prospectus supplement dated November 2, 2026
BofA Securities, Inc. and Citigroup Global Markets Inc. acted as underwriters' managers
Textron reported third-quarter 2026 GAAP EPS of $1.56, up from $1.31, and adjusted EPS of $1.76, up from $1.55, on revenue of $3.8 billion, up 4%. The company raised its full-year 2026 adjusted EPS outlook to $6.55 to $6.65 from $6.40 to $6.60, and its manufacturing cash flow outlook to $800 million to $900 million from $700 million to $800 million, citing U.S. Army approval of funding for the MV-75 Cheyenne program.
Q3 2026 adjusted EPS of $1.76 versus $1.55 a year earlier; GAAP EPS of $1.56 versus $1.31
Full-year 2026 GAAP EPS outlook raised to $5.64 to $5.74 from $5.39 to $5.59
Bell revenues fell 9% to $933 million, largely on lower MV-75 volume, while Textron Aviation revenues rose 14% to $1.7 billion
Textron returned $239 million to shareholders through share repurchases in the quarter
Textron reported second quarter 2026 diluted EPS of $1.42, up from $1.35, and revenue of $3.8 billion, up 3%, or $111 million. It also reiterated full-year 2026 guidance and said it has initiated a sale process for its Industrial segment. Manufacturing cash flow before pension contributions fell to $154 million from $336 million a year earlier.
Q2 adjusted EPS was $1.62, compared with $1.55 a year earlier; first-half revenue rose $500 million, or 7%.
Full-year 2026 GAAP EPS guidance of $5.39 to $5.59 and adjusted EPS guidance of $6.40 to $6.60 were reiterated.
Guidance assumes additional MV-75 Cheyenne funding; without it, adjusted EPS could fall $0.20 to $0.30.
Q2 manufacturing cash flow before pension contributions was $154 million, versus $336 million; the company returned $209 million through share repurchases.
Textron reported first-quarter 2026 revenue of $3.7 billion, up 12% from a year earlier, and diluted EPS of $1.25 versus $1.13. The company also said it intends to separate its Industrial segment, which includes Kautex and Textron Specialized Vehicles, from its aerospace and defense businesses, with completion targeted within 12 to 18 months and no assurance on timing or structure.
Revenue of $3.7 billion, up $389 million; diluted EPS $1.25 vs. $1.13; adjusted EPS $1.45 vs. $1.28
Manufacturing group cash use of $228 million before pension contributions, vs. $158 million a year earlier
Textron returned $168 million to shareholders through share repurchases in the quarter
Industrial separation options include a sale or a tax-free spin-off; completion targeted within 12 to 18 months
Textron's board elected Cristina Méndez, Executive Vice President and Chief Financial Officer of Otis Worldwide, as a director effective February 15, 2026. She will serve on the Audit and Nominating and Corporate Governance Committees, and the board determined she is independent under NYSE standards.
Méndez elected to the board on January 30, 2026, effective February 15, 2026
She is CFO of Otis Worldwide, where she was appointed in 2024
Serves on Audit Committee and Nominating and Corporate Governance Committee
Board determined she is independent under NYSE listing standards and qualifies as an audit committee financial expert
Textron reported fourth quarter 2025 revenue of $4.2 billion, up 16% from a year earlier, and adjusted earnings of $1.73 per share, up from $1.34. For full-year 2025, revenue was $14.8 billion, up 8%, and adjusted EPS was $6.10, up from $5.48. The company forecast 2026 revenue of about $15.5 billion and GAAP EPS of $5.39 to $5.59, or $6.40 to $6.60 on an adjusted basis.
Q4 2025 GAAP EPS was $1.33, up from $0.76; Q4 revenue was $4.2 billion, up 16%
Textron Aviation Q4 revenue rose 36% to $1.7 billion, with 49 jets delivered versus 32 a year earlier
Full-year 2025 manufacturing cash flow before pension contributions was $969 million, up from $692 million
2026 outlook includes manufacturing cash flow of $700 million to $800 million, reflecting increased investment at Bell for the MV-75 program
Textron reported third-quarter 2025 revenue of $3.6 billion, up 5%, and income from continuing operations of $1.31 per share, compared with $1.18 a year earlier. The company reiterated its full-year 2025 EPS outlook, so guidance was neither raised nor cut.
Adjusted EPS was $1.55 for the quarter, versus $1.40 a year earlier; GAAP EPS was $1.31 versus $1.18.
Revenue rose $175 million year over year, led by higher revenue at Textron Aviation and Bell.
Full-year 2025 GAAP EPS outlook of $5.19 to $5.39 and adjusted EPS outlook of $6.00 to $6.20 were reiterated.
Manufacturing cash flow before pension contributions was $281 million, versus $147 million, and $206 million was returned through share repurchases in the quarter.
Textron's board appointed Lisa Atherton, president and CEO of the Bell segment, as president and CEO and a board member, effective January 4, 2026, succeeding Scott Donnelly. Donnelly will become Executive Chairman on the same date, and the board amended the bylaws to allow an executive chairman who is an executive officer. The filing gives compensation terms for both executives, which shareholders can review in the attached letter agreement.
Lisa Atherton succeeds Scott Donnelly as CEO and joins the board, effective January 4, 2026.
Donnelly becomes Executive Chairman on January 4, 2026, with a base salary of $1.485 million and target incentive pay of 170% of salary.
Atherton's base salary is $1.3 million, with target annual incentive pay of 150% of salary and a 2026 long-term incentive award with a target value of $10 million.
The board approved a bylaw amendment on October 22, 2025, effective immediately, to accommodate an executive chairman role.
Textron entered a $1.0 billion senior unsecured revolving credit facility on October 16, 2025, with JPMorgan Chase Bank, N.A. as administrative agent. The filing says the new facility replaces the existing 5-year credit agreement, which was terminated early, and that its terms are substantially the same as the facility it replaces.
Facility size is $1.0 billion, with an option to increase commitments to up to $1.3 billion, and runs to October 16, 2030, subject to up to two one-year extensions.
The facility replaces the 2022 5-year credit agreement, which was scheduled to expire October 21, 2027.
At Textron's current S&P and Moody's ratings (BBB and Baa2), the Base Rate Margin is 14 basis points and the quarterly facility fee is 11 basis points.
Covenants include a maximum 65% ratio of consolidated indebtedness to consolidated capitalization, and a change of control triggers an event of default.
Textron reported second quarter 2025 revenue of $3.7 billion, up 5.4% or $189 million from a year earlier, and adjusted EPS of $1.55 versus $1.54. GAAP EPS was flat at $1.35, and GAAP income from continuing operations fell to $245 million from $260 million. The company reiterated its full-year 2025 EPS outlook and raised its manufacturing cash flow outlook to $900 million to $1.0 billion, up $100 million.
Q2 revenue $3.7 billion, up 5.4% or $189 million; Bell revenue up $222 million to $1.0 billion
Q2 GAAP EPS $1.35, flat; adjusted EPS $1.55 versus $1.54 a year earlier
2025 manufacturing cash flow before pension contributions now expected at $900 million to $1.0 billion, up $100 million; GAAP EPS outlook of $5.19 to $5.39 reiterated
Textron returned $214 million to shareholders through share repurchases in Q2 and $429 million year to date
Textron reported first quarter 2025 net income of $1.13 per share, up from $1.03 a year earlier, and adjusted EPS of $1.28, up from $1.20. Revenue rose $171 million to $3.3 billion, and the company reaffirmed its 2025 outlook. Shareholders also received $215 million in share repurchases during the quarter, while manufacturing operations used $114 million in operating cash.
GAAP EPS of $1.13 vs. $1.03 a year earlier; adjusted EPS of $1.28 vs. $1.20
Revenues of $3.3 billion, up $171 million from the first quarter of 2024
Net cash used by manufacturing operating activities of $114 million, vs. a $30 million use a year earlier
2025 GAAP EPS outlook of $5.19 to $5.39 and adjusted EPS outlook of $6.00 to $6.20 reiterated
Textron's board elected Rob Mionis, President and CEO of Celestica Inc., as a director effective March 1, 2025. He will sit on the Audit Committee and the Organization and Compensation Committee, adding a senior supply chain and aerospace operator to oversight of financial reporting and executive pay.
Board elected Rob Mionis on February 26, 2025, effective March 1, 2025
Mionis has been Celestica's CEO since 2015; Celestica generated $9.7 billion in 2024 revenue
Previously CEO of StandardAero from 2006 to 2013 and held senior roles at Honeywell
Will serve on the Audit Committee and the Organization and Compensation Committee
Textron reported fourth-quarter 2024 income from continuing operations of $0.76 per share, down from $1.01 a year earlier, and adjusted EPS of $1.34 versus $1.60. For full-year 2025, it forecast GAAP EPS of $5.19 to $5.39 and adjusted EPS of $6.00 to $6.20, compared with full-year 2024 adjusted EPS of $5.48. Shareholders face weaker recent results, including a $53 million special charge and a $38 million inventory charge tied to the powersports pause, alongside a higher outlook.
Q4 2024 revenue was $3.613 billion, down from $3.892 billion; Textron Aviation revenue fell $242 million on the strike-related production disruption
Full-year 2024 GAAP EPS was $4.34, down from $4.57; adjusted EPS was $5.48, down from $5.59
2025 revenue is forecast at approximately $14.7 billion, up from $13.7 billion in 2024
Textron repurchased $1.1 billion of stock in 2024 and expects 2025 manufacturing cash flow before pension contributions of $800 million to $900 million
Textron said it is reviewing strategic alternatives for its Powersports product line within Textron Specialized Vehicles and has begun pausing production amid soft consumer demand. The company raised its total pretax special charges under its 2023 restructuring plan and expects a $30 million to $40 million inventory write-down, which it estimates will reduce 2024 Adjusted earnings per share by about $0.12 to $0.16.
Total pretax special charges under the 2023 restructuring plan now expected at $190 million to $205 million, up from $165 million to $170 million, with the $25 million to $35 million increase tied to contract termination costs.
Inventory valuation charge of $30 million to $40 million expected, reducing 2024 Adjusted EPS by about $0.12 to $0.16.
Powersports production to be paused indefinitely in the first half of 2025, after limited runs to fill customer commitments.
Restructuring charges to be recorded in the fourth quarter of 2024; additional cash outlays of $25 million to $35 million expected mainly in the first half of 2025.
Textron reported third-quarter 2024 revenue of $3.43 billion, up from $3.34 billion a year earlier, but adjusted earnings per share fell to $1.40 from $1.49 after a four-week strike at Textron Aviation. The company cut its full-year 2024 adjusted EPS outlook to $5.40-$5.60 from $6.20-$6.40 and lowered its manufacturing cash flow outlook, which matters to shareholders because it reduces expected earnings for the year.
GAAP EPS from continuing operations was $1.18 versus $1.35 a year earlier; adjusted EPS was $1.40 versus $1.49
Textron Aviation revenue and segment profit were hit by the IAM strike, which ended with a new five-year contract ratified on October 20
2024 manufacturing cash flow before pension contributions is now expected at $650 million to $750 million, down from $0.9 billion to $1.0 billion
Textron returned $215 million to shareholders through share repurchases in the third quarter and $890 million year to date
Textron announced that Chief Financial Officer Frank Connor will retire effective February 28, 2025. David Rosenberg, the company's Vice President of Investor Relations, will succeed him as Executive Vice President and Chief Financial Officer effective March 1, 2025, with an annual base salary of $850,000 and a target incentive of 100% of salary. For shareholders, this is a planned transition of the top finance role, with the new CFO previously serving as CFO of Textron Aviation from 2018 to 2023 per the filing.
Frank T. Connor, Executive Vice President and CFO, retires effective February 28, 2025
David Rosenberg, currently Vice President of Investor Relations, becomes EVP and CFO effective March 1, 2025
Rosenberg's compensation: $850,000 annual base salary, 100% target annual incentive, 250% target long-term incentive award
Scott Hegstrom, VP Strategy and Mergers & Acquisitions, becomes VP Investor Relations effective March 1, 2025
Textron reported second-quarter 2024 results with total revenues of $3.5 billion, up from $3.4 billion a year earlier, and GAAP income from continuing operations of $1.35 per share versus $1.30. Adjusted EPS rose to $1.54 from $1.46, and the company returned $358 million to shareholders through share repurchases in the quarter, though segment profit fell to $343 million from $352 million.
Total revenues were $3,527 million, up from $3,424 million; Textron Aviation and Bell revenue increased while Industrial revenue fell $112 million.
GAAP EPS from continuing operations was $1.35 versus $1.30; adjusted EPS was $1.54 versus $1.46.
Segment profit was $343 million versus $352 million a year earlier; Industrial segment profit fell to $42 million from $79 million.
Net cash from operating activities of the manufacturing group was $383 million, compared with $314 million last year; share repurchases totaled $358 million in the quarter.
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