Textron Inc.'s Aviation business has experienced strong demand and it has improved its profitability. Therefore, we now expect its credit metrics will remain appropriate for the rating despite the mixed macroeconomic conditions across its business segments and its aggressive financial policy. We revised our outlook on Textron to stable from negative and affirmed our 'BBB' long-term issuer credit rating. The stable outlook reflects our expectation that the company's credit metrics will remain appropriate for the rating supported by continued strong aviation demand and its improved profitability, which will be slightly offset by management's financial policy. The stable outlook on Textron reflects our expectation that its credit metrics will remain appropriate for the current rating due to its stronger aviation demand
