Textron

Textron produces key components for US nuclear armed intercontinental ballistic missiles.

Nuclear Weapons |  Investments (years compared) (2021) (2020) (2019)

Company Profile

Textron is a US-based multi-industry company engaged in aircraft, military, industrial and finance businesses. 1 Textron brands include Cessna, Beechcraft, Bell, Artic Cat and more.2 The company is produces key components for the US Minuteman missiles and is involved in the production of the Sentinel, the new US Ground Based Strategic Deterrent. In the financial year ending 31 December 2021, Textron reported revenues of $12.4 billion 3

Stock exchange listing

NYSE: TXT

Contact information

Textron World Headquarters
40 Westminster Street
Providence, RI 02903
U.S.A.
Phone: +1 (401) 421-2800
Website: https://www.textron.com/
Facebook: https://www.facebook.com/#!/Textron.Inc
Instagram: https://instagram.com/textron/
LinkedIn: https://www.linkedin.com/company/textron
Twitter: https://twitter.com/Textron
YouTube: http://www.youtube.com/textroninc

Nuclear weapons

Textron Systems was awarded a contract in 2014 for multiprobe antennas for the Minuteman missiles. The contract has a $66.1 million potential value and is expected to continue until at least July 2029.4

Textron also has a contract for Mod 5F midsections for the Minuteman Missiles. Initially awarded in 2014, the contract is expected to continue until at least March 2024 with an estimated total value of about $39.9 million.5

Textron Systems will be involved in developing the missile payload integration for the Sentinel, the new US Ground Based Strategic Deterrent.6

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2022 Investments

2022

[table id=62 /]
2021 Investments

2021

43 Financial institutions made $13,661 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

50 Financial institutions made $12,076 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2019 Investments

2019

Financial institutions made $12,076.1 million available in the research period January 2017-2019.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2017, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2018. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

Last updated: 2023-07-06 14:58:08

Notes

  1. Company (2022) | Textron. Available at:  https://www.textron.com/About/Company.
  2. Textron‘s powerful brands (2022) | Textron. Available at: https://www.textron.com/.
  3. ‘Textron 2021 Annual report’, Textron (2022), p. 1. Available at:  https://s1.q4cdn.com/535492436/files/doc_financials/2021/ar/Textron_Annual_Report_2021.pdf.
  4. Contracts for July 12 2019, 2022 (2019) U.S. Department of Defense. Available at: https://www.defense.gov/News/Contracts/Contract/Article/1903937/  (Accessed: 18 October 2022);
    CONTRACT to TEXTRON SYSTEMS CORPORATION  | USAspending, 27 September 2013. Available at: https://www.usaspending.gov/award/CONT_AWD_FA820414C0011_9700_-NONE-_-NONE-  (Accessed: 18 October 2022).
  5. CONTRACT to TEXTRON SYSTEMS CORPORATION | USAspending, 6 March 2014. Available at: https://www.usaspending.gov/award/CONT_IDV_FA820414D0001_9700  (Accessed: 10 October 2022).
  6. Mehta, Aaron,‘Northrop teams with Lockheed on ICBM replacement. Here’s who else is involved’, Defense News, 16 September 2019. Available at: https://www.defensenews.com/digital-show-dailies/afa-air-space/2019/09/16/northrop-teams-with-lockheed-on-icbm-replacement-heres-who-else-is-involved/