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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No. 1)

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Preliminary Proxy Statement

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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

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Definitive Proxy Statement

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Definitive Additional Materials

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Soliciting Material Pursuant to §240.14a-12

Textron Inc.

(Name of Registrant as Specified In Its Charter)

 

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        Due to vendor error the headings for the S&P 500 and Peer Group in the legend and table of the Performance Graph were reversed. The corrected Performance Graph is set forth below.


PERFORMANCE GRAPH

        Set forth below is a stock performance graph which shows the change in market value of $100 invested on December 31, 1999, in Textron common stock, Standard & Poor's 500 Stock Index and a peer group index. The cumulative total shareholder return assumes dividends are reinvested. Textron is a global, multi-industry company with operations in five business segments — Bell, Cessna, Fastening Systems, Industrial and Finance. The peer group consists of 17 companies in comparable industries in the following Standard & Poor's 500 price index industry groups: aerospace/defense — The Boeing Company, General Dynamics Corporation, Lockheed Martin Corporation and Northrop Grumman Corporation; auto parts & equipment — ITT Industries, Inc.; defense electronics — Raytheon Company; diversified machinery — Dover Corporation; diversified manufacturing — Crane Co., Honeywell International, Inc., Illinois Tool Works Inc., Johnson Controls Inc., Tyco International LTD. and United Technologies Corporation; electrical equipment — Rockwell International Company; specialized manufacturing — Millipore Corporation, Pall Corp. and Parker Hannifin Corp. The companies in the indices are weighted by market capitalization.

GRAPHIC

 
  Dec. 31,
1999

  Dec. 31,
2000

  Dec. 31,
2001

  Dec. 31,
2002

  Dec. 31,
2003

  Dec. 31,
2004


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Textron Inc.   $ 100.00   $ 62.16   $ 56.89   $ 60.78   $ 83.38   $ 110.20
Peer Group   $ 100.00   $ 123.48   $ 113.43   $ 82.62   $ 109.84   $ 130.24
S&P 500   $ 100.00   $ 90.89   $ 80.09   $ 62.39   $ 80.29   $ 89.02

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PERFORMANCE GRAPH