Accuracy
The information contained in these press releases and statements was accurate, in all material respects, at the time of issuance. However, Textron and its business units assume no obligation to update the information to reflect subsequent developments.
Textron Inc. consists of numerous subsidiaries and operating divisions which are collectively referred to on this website as Textron businesses or business units. The subsidiary corporations are charged with the day-to-day responsibility for their operations and are separate and distinct legal entities. Textron Aviation Inc., which has various subsidiaries, is wholly-owned by Textron Inc. Bell Helicopter Textron Inc. is a wholly owned subsidiary of Textron Inc. and consists of several subsidiaries and operating divisions. The Textron Systems group of businesses includes Avco Corporation (“Avco”), an indirect wholly-owned subsidiary of Textron Inc.; Textron Systems Corporation, an indirect wholly-owned subsidiary of Avco, which has various subsidiaries and other operations; and Lycoming Engines, an operating division of Avco. Textron Specialized Vehicles Inc. is a wholly-owned subsidiary of Textron Inc. Textron E-Z-GO LLC is wholly owned by Textron and Jacobsen is an unincorporated division of Textron Inc. Kautex conducts its business through a number of separately incorporated companies and other operations. Textron eAviation Inc. is a wholly-owned subsidiary of Textron Inc.; PIPISTREL’s business is conducted through three separately incorporated entities which are owned by an indirect subsidiary of Textron Inc.