TEXTRON INC — Director's Dealing 2008

Jan 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2007-12-31

Reporting Person: ARNELLE JESSE (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-31	Deferred Stock Units	$0	A	240.1	Acquired		Common Stock (240.1)	Direct
2007-12-31	Deferred Stock Units	$0	A	127.452	Acquired		Common Stock (127.452)	Direct

Footnotes

F1: Each deferred stock unit is valued based upon the value of one (1) share of Textron Inc. Common Stock.

F2: Payable in cash upon the conclusion of Reporting Person's service on the Textron Inc. Board of Directors.