AINonline
• Jessica Reed
Textron plans to spin off Industrial segment, creating a pure-play aerospace and defense group anchored by Textron Aviation and
Textron Inc. says it will separate its Industrial segment, refocusing as a pure-play aerospace and defense company. The post-separation structure would leave Textron Aviation and Bell as the key aviation platforms, alongside defense-focused Textron Systems, as the company reports higher Q1 revenues and separation intent.
