NEW YORK (S&P Global Ratings) Nov. 2, 2026--S&P Global Ratings today assigned its ‘BBB’ issue-level rating to Textron Inc.’s proposed $350 million senior unsecured notes, in line with the company’s existing senior unsecured debt. We expect it will use the proceeds to repay its existing $350 million of 3.65% notes maturing in 2027. Our ‘BBB’ issuer credit rating and stable outlook on Textron are unchanged. We view the transaction as leverage neutral and thus expect credit metrics to remain comfortably within our expectations. We expect stable revenue growth over the next 12-24 months, driven by robust government spending in the Bell and Systems segments and resilient demand within Textron Aviation. Bell segment growth is underpinned by a strong $7.5 billion