Epg handout final

Epg handout final

• 1.
  Electrical Products Group Conference ScottC. Donnelly Chairman, President and CEO
• 2.
  www.textron.com Certain statements intoday’s discussion will be forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or project revenues, income, returns or other financial measures. These forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the risks and uncertainties set forth under our full disclosure located at the end of this presentation and included in our SEC filings. 2 Forward-Looking Information
• 3.
  www.textron.com 3 Textron Aviation Aircraft Aftermarket Military Bell Military Commercial Industrial Kautex SpecializedVehicles Textron Systems Unmanned Systems Marine & Land Systems TRU Simulation + Training Finance Textron Financial Textron World Class OEM 2017 Revenues - $14.2B 33% 23% 30 % 13% 1%
• 4.
  www.textron.com 4 Textron Aviation AircraftSales 65% 2017 Revenues - $4.7B Aftermarket 35% New product focus, extensive service footprint Citation Longitude Cessna Denali Cessna SkyCourier
• 5.
  www.textron.com 5 Bell Military V-22 OspreyAH-1Z Viper UH-1Y Venom Military Installed Base: ~3,000 ~$2.1B 62% 2017 Revenues - $3.3B Commercial ~$1.2B 38% 412 Huey II Commercial Installed Base: ~10,000 407 429 505
• 6.
  www.textron.com 6 Industrial Innovation, costproductivity and market expansion 2017 Revenues - $4.3B Kautex $2.3B Textron Specialized Vehicles $1.5B
• 7.
  www.textron.com 7 Textron Systems 2017Revenues - $1.8B Unmanned Systems 39% • U.S. Army Program • 1 Million+ Flight Hours • 9+ Hours of Endurance • Offers off‐road and  urban maneuverability • Aimed at shielding  troops from roadside  blasts Armored Combat  Vehicles  • Program of record: 73  crafts & ~$4B through  2025 • Marine & Land Systems  awarded first 9 crafts • Capable of landing on  over 80 percent of  world’s shorelines • General Aviation  Simulation • Training Centers • Air Transport & Military  Simulation • Mission & Maintenance  Training TRU Simulation +  Training Ship‐to‐Shore® SHADOW ® V2 • Government  Contracted Air  Adversarial Services Textron Airborne  Solutions Marine & Land Systems 25% Simulation, Training & Other 36%
• 8.
  www.textron.com Certain statements inthis release and other oral and written statements made by us from time to time are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which may describe strategies, goals, outlook or other non-historical matters, or project revenues, income, returns or other financial measures, often include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “guidance,” “project,” “target,” “potential,” “will,” “should,” “could,” “likely” or “may” and similar expressions intended to identify forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. In addition to those factors described in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q under “Risk Factors”, among the factors that could cause actual results to differ materially from past and projected future results are the following: Interruptions in the U.S. Government’s ability to fund its activities and/or pay its obligations; changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; changes in foreign military funding priorities or budget constraints and determinations, or changes in government regulations or policies on the export and import of military and commercial products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries; our Finance segment’s ability to maintain portfolio credit quality or to realize full value of receivables; performance issues with key suppliers or subcontractors; legislative or regulatory actions, both domestic and foreign, impacting our operations or demand for our products; our ability to control costs and successfully implement various cost-reduction activities; the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; pension plan assumptions and future contributions; demand softness or volatility in the markets in which we do business; cybersecurity threats, including the potential misappropriation of assets or sensitive information, corruption of data or, operational disruption; difficulty or unanticipated expenses in connection with integrating acquired businesses; and the risk that acquisitions do not perform as planned, including, for example, the risk that acquired businesses will not achieve revenue and profit projections. 8 Forward-Looking Information