Calepin des entreprises international 2026 VA.pdf — page 205

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TEXTRON
Business trends
	
 Textron revenues remained stable at $13.7 billion (€12.7 billion) in 2024, up 0.1% year-on-year in local currency. 
Only the Bell division recorded a significant increase in revenue (+13.7%, and even +20.4% for its military 
activities), while revenues in the Textron Aviation and Textron Systems divisions remained relatively stable 
(+1.7% and -0.5% respectively). However, revenues in the Industrial division fell by 8.5%.
	
 The group is taking part in several tenders for U.S. Armed Forces programmes, including Advanced 
Reconnaissance Vehicle (ARV) with its Cottonmouth 6x6 amphibious reconnaissance vehicle, in partnership 
with Elbit Systems and competing with General Dynamics; and Unmanned Ground Commercial Robotic 
Vehicle (UGCRV) with its Ripsaw M3, in partnership with FLIR Systems and potentially against General 
Dynamics, McQ and Oshkosh Defense.
	
 Bell invested $632 million (€584 million) in December 2024 to build a factory dedicated to manufacturing 
components for the U.S. Army’s MV-75 future utility tiltrotor. Located in Alliance, Texas, the facility will be 
operational in 2028.
Home market
	
 The U.S. is Textron’s largest market, accounting for 71% of revenues in 2024. The goup is a key partner of 
the U.S. Armed Forces, thanks in particular to its monopoly in tiltrotor military aircraft with the V-22 Osprey 
(produced in partnership with Boeing) and the future MV-75.
	
 Textron Systems signed a $106 million (€98 million) contract in December 2024 with the U.S. Navy to supply 
mine clearance payload delivery systems (PDS). The contract includes the supply of spare parts and 
engineering services.
	
 In September 2025, Textron Systems won two five-year contracts to provide training services: a $555 million 
(€513 million) contract for U.S. Navy and U.S. Marine Corps pilots as part of the Fleet Fighter Jet Services (FJS) 
programme, and a $198 million (€183 million) contract for U.S. Marine Corps F-35 Lightning II fighter aircraft 
(Lockheed Martin) pilots as part of the ADAIR (Adversary Air Services) programme.
Export markets
	
 Textron generated 29% of its revenues from exports in 2024, mainly in Europe and Asia-Pacific.
	
 In December 2024, the Ministry of Defense of Japan selected Beechcraft’s T-6 Texan II as the future trainer 
aircraft for the Japan Air Self-Defense Force. Around 40 aircraft could be ordered under the designation T-6JP.
	
 In January 2025, Beechcraft received an order for seven King Air 260 trainer aircraft from SkyAlyne (a joint 
venture between CAE and KF Aerospace). These aircraft are intended for training Royal Canadian Air Force 
pilots as part of the FAcT (Future Aircrew Training) programme. Deliveries will begin in the first half of 2028.
	
 In June 2025, the Tunisian Air Force ordered 12 412EPX helicopters from Bell (a version developed in 
partnership with Subaru). The aircraft will be used for multirole military and security missions.
Technology and Innovation
	
 Self-financed R&D expenditure amounted to $491 million (€454 million) in 2024, representing 3.6% of revenues.
	
 In January 2025, Textron Systems introduced the Tsunami range of autonomous surface vessels, designed to 
meet the needs of the U.S. Department of Defense and its allies for a versatile fleet of unmanned multi-mission 
vessels.
	
 In April 2025, Textron Systems announced that its XM204 Top Attack anti-vehicle munition had received 
certification from the U.S. Army, enabling large-scale production and delivery to the U.S. Army and its allies.
STRATEGIC HIGHLIGHTS