Celebrating A Century Of Innovation
Through economic depressions and downturns, wars, consumer trends and shifting military priorities, Textron has evolved from its roots as Special Yarns Corporation in 1923 into one of the world’s leading aerospace and defense companies.
While synthetic yarns seemingly have nothing in common with business, the thread that runs through our past 100 years is innovation. Indeed, this has been the guiding force throughout our history. We transitioned from a yarn spinning operation to manufacturing parachutes for the U.S. Army in World War II. Following the war, we pivoted to textiles and fashion for the growing consumer market. We developed the multi-industry company model, becoming known as the world’s first conglomerate. Today, we are a $12.9 billion global company with more than 34,000 makers, doers and innovators. Always at the forefront of change.
For a detailed list of Textron’s milestones through the decades, visit our Company History page.