AINonline
• Jessica Reed
Textron to separate its Industrial segment, creating a pure-play aerospace and defense company anchored by Textron Aviation and
Textron says it intends to separate its Industrial segment from its core aerospace and defense businesses, aiming to sharpen strategic and operational focus and enhance long-term stakeholder value. Textron Aviation’s performance and Bell’s Army contract expansion are cited as supporting the shift toward a cleaner aerospace-and-defense portfolio.
