Stull, Stull & Brody Announces Class Action on Behalf of Shareholders of Textron Inc.

NEW YORK, NY--(Marketwire - August 14, 2009) - Attorney Advertising. Notice is hereby given
that a class action has been commenced in the United States District Court
for the District of Rhode Island on behalf of purchasers of Textron Inc.
("Textron" or the "Company") (NYSE: TXT) securities during the period July
17, 2007 through January 29, 2009 (the "Class Period").

Stull, Stull & Brody has substantial experience representing employees who
suffered losses from purchases of their employer's stock in their 401(k)
plans. If you purchased Textron stock through your Textron retirement
account and have information or would like to learn more about these
claims, please contact us.

The complaint charges Textron and certain of its officers and directors
with violations of the Securities Exchange Act of 1934. Textron is a
manufacturer of aircraft and industrial products. The complaint alleges
that during the Class Period defendants issued materially false and
misleading statements regarding the Company's condition and profitability
by repeatedly publicizing record "backlogs" of unfilled customer orders for
its Cessna Aircraft brand products, and by making positive statements about
the Company's Finance segment. The complaint alleges that those statements
were materially false and misleading because defendants misrepresented
and/or failed to disclose the following adverse facts, among others: (i)
that Textron was accepting orders for business jets from a growing number
of customers that were mere startup and/or financially distressed fleet
operators who neither intended nor possessed the financial resources to pay
for or take delivery of aircraft during 2008 - 2009 and beyond, which
materially inflated Textron's "backlog" of unfilled orders for the
Company's Cessna segment, which, in turn, materially overstated the
Company's current financial condition and future prospects; (ii) that
hundreds of orders for future business-jet production reported as "backlog"
at Cessna were subject to deferral and cancellation, causing the Company to
overstate its projected fiscal 2008 - 2009 business-jet production and to
initiate costly production cutbacks and worker reduction programs which
eroded Textron's revenues and earnings; (iii) that the Company's Finance
segment had incurred material losses in the fair market value of its
finance receivables and other financial assets, and these unrealized market
losses were omitted from or misrepresented in the Company's periodic
reports of earnings and income; and (iv) that Textron's credit ratings were
deteriorating in light of its Finance segment's losses and the additional
debt the Company would incur in connection with its Finance segment's
distressed asset base.

As alleged in the complaint, the Company's stock price declined after the
Company announced at the end of the Class Period that an estimated $30
million in restructuring costs would be incurred by the Company's Cessna
segment due to production cutbacks and worker layoffs planned for the first
quarter of 2009. Upon this announcement, the price of Textron's common
stock fell to $8.83 per share, to close at $9.05 per share, representing a
one-day decline of $4.19 per share or 31%.

Plaintiff seeks to recover damages on behalf of himself and all other
individual and institutional investors who purchased Textron securities
between July 17, 2007 and January 29, 2009, excluding defendants and their
affiliates.

If you purchased Textron securities between July 17, 2007 through January
29, 2009, you may, not later than October 12, 2009, request that the Court
appoint you as lead plaintiff for the class. A lead plaintiff is a
representative party that acts on behalf of other class members in
directing the litigation, and you must meet certain legal requirements to
serve as a lead plaintiff.

If you wish to discuss this action or have any questions concerning this
notice or your rights or interests with respect to these matters, please
contact Tzivia Brody, Esq. at Stull, Stull & Brody by e-mail at
NY@aol.com">SSBNY@aol.com, by calling toll-free 1-800-337-4983, or by fax to
1-212-490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street,
New York, NY 10017. You can also visit our website at www.ssbny.com.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.