Textron to Separate Industrial Arm in Shift to Aerospace Focus

Textron plans to separate its industrial segment to focus on its core aerospace and defense business. Textron TXT 1.86%increase; green up pointing triangle plans to separate its industrial segment and focus on its core aerospace business. The Providence, R.I., company said Thursday it will explore options for the industrial unit, including a potential sale or tax-free spinoff into a publicly traded company. The separation is meant to allow Textron to focus on growing its aerospace and defense business, anchored by its Cessna and Beechcraft aviation brands, as well as its rotorcraft brand Bell. The core part of the company is expected to generate more than $12 billion in revenue this year. Industrial meanwhile is projected to bring in $3 billion in revenue. The industrial business is composed of the plastic fuel systems brand Kautex and Textron's specialized vehicles maker. Textron aims to complete the separation within 12 to 18 months, it said. It will continue to operate the industrial segment during that time. Textron separately posted a profit of $220 million, or $1.25 a share, in the first quarter, compared with $207 million, or $1.13 a share, the year before. Sales rose 12% to $3.70 billion. Within industrial, quarterly revenue was down 1% to $786 million. The industrial business had lower sales partly due to a $55 million disposition of the powersports business in April 2025, Textron said.