TEXTRON INC - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2007-12-11

Reporting Person: FRENCH TED R (Executive VP and CFO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-11	Common Stock	M	20000	$21.5781	Acquired	148608	Direct
2007-12-11	Common Stock	S	6000	$73.00	Disposed	142608	Direct
2007-12-11	Common Stock	S	1600	$72.99	Disposed	141008	Direct
2007-12-11	Common Stock	S	7000	$72.98	Disposed	134008	Direct
2007-12-11	Common Stock	S	600	$72.95	Disposed	133408	Direct
2007-12-11	Common Stock	S	500	$72.94	Disposed	132908	Direct
2007-12-11	Common Stock	S	600	$72.93	Disposed	132308	Direct
2007-12-11	Common Stock	S	600	$72.89	Disposed	131708	Direct
2007-12-11	Common Stock	S	700	$72.88	Disposed	131008	Direct
2007-12-11	Common Stock	S	200	$72.86	Disposed	130808	Direct
2007-12-11	Common Stock	S	100	$72.84	Disposed	130708	Direct
2007-12-11	Common Stock	S	500	$72.83	Disposed	130208	Direct
2007-12-11	Common Stock	S	900	$72.82	Disposed	129308	Direct
2007-12-11	Common Stock	S	200	$72.81	Disposed	129108	Direct
2007-12-11	Common Stock	S	300	$72.80	Disposed	128808	Direct
2007-12-11	Common Stock	S	200	$72.65	Disposed	128608	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-11	Employee stock option (right to buy)	$21.5781	M	20000	Disposed	2010-12-21	Common Stock (20000)	Direct

Security	Shares	Ownership
Common Stock	2548.187	Indirect

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2007.

F2: Issued pursuant to the Textron 1999 Long-Term Incentive Plan.