Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Johnson Cheryl H
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2012
3. Issuer Name and Ticker or Trading Symbol
TEXTRON INC [TXT]
(Last)
(First)
(Middle)
40 WESTMINSTER STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive VP, Human Resources
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

PROVIDENCE, RI 02903
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 709.68
D
 
Common Stock 1,159.76
I
Held on behalf of the Reporting Person by the Textron Savings Plan (as of July 1, 2012)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) 08/01/2011 03/01/2017 Common Stock 623 $ 20.76 D  
Employee Stock Option (Right to Buy) 08/01/2011 02/28/2018 Common Stock 548 $ 20.76 D  
Employee Stock Option (Right to Buy)   (1) 03/01/2021 Common Stock 2,578 $ 26.25 D  
Employee Stock Option (Right to Buy)   (2) 03/01/2022 Common Stock 4,419 $ 27.76 D  
Cash-Settled Restricted Stock Units   (3)   (3) Common Stock 1,187 $ (4) D  
Cash-Settled Restricted Stock Units   (5)   (5) Common Stock 1,274 $ (4) D  
Cash-Settled Restricted Stock Units   (6)   (6) Common Stock 776 $ (4) D  
Cash-Settled Restricted Stock Units   (7)   (7) Common Stock 1,542 $ (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Johnson Cheryl H
40 WESTMINSTER STREET
PROVIDENCE, RI 02903
      Executive VP, Human Resources  

Signatures

/s/ Ann T. Willaman, Attorney-in-Fact 07/03/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The option vests in three (3) equal annual installments. The first installment became exercisable on March 1, 2012. The second and third installments will become exercisable on March 1, 2013 and March 1, 2014, respectively.
(2) The option vests in three (3) equal annual installments, beginning on March 1, 2013.
(3) Payable in cash in two (2) equal annual installments, beginning on March 1, 2013.
(4) Each cash-settled restricted stock unit is valued upon vesting based upon the value of one (1) share of Textron Inc. Common Stock.
(5) Payable in cash in three (3) equal annual installments, beginning on March 1, 2013.
(6) Payable in cash in four (4) equal annual installments, beginning on March 1, 2013.
(7) Payable in cash in three (3) equal annual installments, beginning on March 1, 2015.

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