Textron was founded in 1923 by Royal Little who invested ten thousand dollars into the company. The company was listed on the New York Stocks Exchange in 1947 after showering millions of dollars in revenues. Investors gave the firm more than one hundred thousand dollars to help purchase various factories for the company. Textron originally started in the small yarn and dyeing industry but later changed to high technology products. The firm purchased Bell Helicopter which produced advanced aircrafts and parts for aircrafts. Bell Helicopter came with three divisions; a space component, automatically landing systems, and military aircrafts. The stock of Textron tends to increase their war times due to a high demand for helicopters and other military vehicles. The firm has also received awards for being environmentally friendly. The stocks of the company increased after the company received a government award to produce laser weapons and aircraft for the military.