Textron’s aviation segment, led by Cessna and Beechcraft, shipped 220 jet and turboprop aircraft in Q4 compared with 195 a year earlier, while Bell helicopter deliveries climbed 18% to 80 units. On the defense side, Textron Systems secured $1.1 billion in new awards during the quarter, lifting its service and unmanned systems backlog by 15% year‐over‐year to $8.0 billion. Margin expansion of 50 basis points is expected in both segments, underpinned by productive factory utilization and favorable program mix. Textron’s fourth‐quarter results are expected to benefit from a 12% year‐over‐year increase in deliveries across its aviation and defense businesses and a program backlog that rose to $16.5 billion as of December 31. Analysts forecast consolidated revenue of approximately $3.2 billion for the quarter, driven by higher unit volumes and modest pricing gains. Free cash flow conversion is projected to improve by 200 basis points versus the prior year, reflecting working‐capital efficiencies and disciplined capital spending. Textron’s Specialized Vehicles unit unveiled the 2027 E-Z-GO Liberty this week, featuring Samsung SDI lithium‐ion traction batteries with an eight‐year warranty, a 10-inch infotainment touchscreen, and IntelliScreen™ vehicle performance tuning. The model will be available from authorized dealers this summer and is forecast to contribute an incremental $50 million in annualized revenue by 2027. Street-legal low‐speed vehicle (LSV) certification is expected to expand addressable markets in resort and residential communities.