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Textron Takes the Prize; Innovative Ideas Recognized World-Wide

13 July 2000

Textron Takes the Prize; Innovative Ideas Recognized World-Wide

    PROVIDENCE, R.I. - Throughout the first half of 2000, Textron Inc. has collected accolades for innovative products and outstanding service world-wide. These awards demonstrate Textron's commitment to being one of the world's best managed companies by promoting innovation and achieving global leadership positions in each of its business units.

--   McCord Winn Textron, a leading supplier of modular fluid
     management systems, automotive windshield and headlamp washing
     systems, seating comfort systems and electro-mechanical
     components, was the winner of The 2000 Industrial Plastics
     Product Design Award for the design and development of the
     RITec(TM) (Reservoir Integration Technology) Fan Shroud
     Reservoir. The award was presented at the Society of Plastics
     Engineers 58th Annual Technical Conference held in Orlando,
     Florida on May 9, 2000. RITec integrates traditionally separate
     automotive components into one multi-functional part. This is the
     fifth award for a RITec innovation.

--   HR Textron, a provider of engineered motion control component and
     system solutions for a variety of factory automation, mobile
     equipment, automotive, aerospace and defense needs, received the
     Design News Excellence in Design Award for its model 27N Rotary
     Direct Drive Servovalve, which has applications ranging from
     automotive vehicle component testing to semiconductor
     manufacturing.

--   Mitsubishi Motor Manufacturing of America Inc., recognized Kautex
     Textron, a market leader in the development and manufacturing of
     blowmolded plastic products for automotive supply and packaging,
     with the Supplier Award, Production for their excellence in the
     areas of product quality, delivery and competitive value.

--   Mitsubishi also recognized Textron Automotive Company Trim
     (TAC-Trim), a leading worldwide supplier of automotive interior
     and exterior plastic components, for their effort and achievement
     in C.A.R.E., (Mitsubishi's Cost Avoidance and Reduction Effort).

--   TAC-Trim was also selected as one of General Motors' Supplier of 
     the Year award winners for the second consecutive year.

--   TAC-Trim also received Toyota's Value Improvement Excellence
     Award which is presented to 16 North American suppliers,
     recognizing outstanding performance in value improvement, cost
     reduction.

--   Textron Systems, a world leader in the production of sensor fuzed
     munitions, surveillance and aircraft landing systems, received
     the Bronze Award for their ProSpectra(TM) Grain Analyzer in the
     Best New Product category during the PITTCON(R) 2000 conference
     held in New Orleans, Louisiana. This conference is the world's
     largest annual display of new analytical instrumentation, at
     which over 4,000 exhibitors displayed products.

    Textron Inc. is an $11.6 billion, global multi-industry company with market-leading businesses in Aircraft, Automotive, Industrial and Finance. Textron has a workforce of over 68,000 employees and major manufacturing facilities in 30 countries. Textron is among Fortune magazine's "Global Most Admired Companies."