德事隆 2024年度报告

GLOBALNETWORK OFBUSINESSES Textron is known around the world for its powerful brandsof aircraft, defense and industrial products that providecustomers with groundbreaking technologies, innovativesolutions and first-class service. TEXTRON AVIATION Textron Aviation is home to the Beechcraft® and Cessna® aircraft brands and is a leader in general aviation through two principalproduct lines: aircraft and aftermarket parts and services. Aircraft includes sales of business jets, turboprop aircraft, military trainerand defense aircraft and piston engine aircraft. Aftermarket parts and services includes commercial parts sales and maintenance,inspection and repair services, and advanced flight training devices.nd Cessna® aircraft brands and is a leader in general aviation through two principalnd services. Aircraft includes sales of business jets, turboprop aircraft, military trainert. Aftermarket parts and services includes commercial parts sales and maintenance,flight training devices. BELL Bell is a leading supplier of military and commercial helicopters, tiltrotor aircraft and related spare parts and services. Bell suppliesadvanced military helicopters and tiltrotors to the U.S. Government and non-U.S. military customers and commercially certifiedhelicopters to corporate, private, law enforcement, utility, public safety, emergency medical helicopter operators, and U.S. and foreigngovernments. Bell provides support and service for an installed base of approximately 13,000 helicopters. INDUSTRIAL Our industrial segment designs and manufactures a variety of products within the Kautex and Textron Specialized Vehicles businesses.Kautex is a leader in designing and manufacturing plastic fuel systems for automobiles and light trucks, along with other automotivesystems and components. Textron Specialized Vehicles products include golf cars, off-road utility vehicles, powersports products, lighttransportation vehicles, aviation ground support equipment, professional turf-maintenance equipment and specialized turf-care vehicles. TEXTRON SYSTEMS Textron Systems’ businesses develop, manufacture and integrate products and services for U.S. and international military,government and commercial customers to support defense, homeland security, aerospace, infrastructure protection and othercustomer missions. Product and service offerings include electronic systems and solutions, advanced marine craft, piston aircraftengines, live military air-to-air and air-to-ship training, weapons and related components, unmanned aircraft systems and bothmanned and unmanned armored and specialty vehicles. TEXTRON eAVIATION Textron eAviation is focused on research and development initiatives related to sustainable aviation solutions and includes Pipistrel, amanufacturer of light aircraft. Pipistrel offers a family of light aircraft and gliders with both electric and combustion engines. Pipistrel’sVelis Electro is the world’s first, and currently only, electric aircraft to receive full type certification from the European Union AviationSafety Agency and from the UK Civil Aviation Authority. In 2024, the FAA granted a light-sport aircraft airworthiness exemption for thePipistrel Velis Electro, allowing flight training in an electric aircraft within the United States. FINANCE Our Finance segment, operated by Textron Financial Corporation (TFC), is a commercial finance business that provides financingsolutions primarily to purchasers of new and pre-owned aircraft and Bell helicopters. For more than 60 years, TFC has played a keyrole for Textron customers around the globe. SELECTEDYEAR-OVER-YEARFINANCIAL DATA FELLOW SHAREHOLDERS , 2024 WAS A YEAR OF ACHIEVEMENTS AND CHALLENGES FOR OUR COMPANY.We saw strong demand for our commercialproducts at Textron Aviation and Bell and made progresson several important military programs, including achievingMilestone B approval on the Future Long Range Assault Aircraft(FLRAA) program. As a result of robust demand in our aerospaceand defense businesses, we ended the year with a total companybacklog of $17.9 billion, up $4 billion from 2023.l SCOTT C. DONNELLYChairman andChief Executive Office We faced a strike at Textron Aviation and difficult end markets in our Industrial segment. While the strike was unfortunateand adversely impacted the business’s ability to meet its production and delivery schedules during the latter part of the year,we were able to continue to work with suppliers, resulting in improved parts flow that should improve plant efficiency in thefuture. We have reached agreement with our employee union on a new five-year contract. To address the challenges in ourIndustrial segment, we focused on our cost structure and began a strategic review of the powersports product line. DEVELOPING AND REFRESHING COMMERCIAL PRODUCTS Throughout the year, Textron Aviation continued to see strong demand across all product lines. Backlog grew throughout theyear, ending at $7.8 billion, an increase