Providence, Rhode Island-based Textron Inc. (TXT) is a global multi-industry company that manufactures aircraft, automotive engine components and industrial tools. The company has a market cap of $16.3 billion and operates through Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance segments.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” TXT fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the aerospace and defense industry.