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<title>As filed with the Securities and Exchange Commission on November 13</title>
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<b><font SIZE="2">
<p ALIGN="CENTER">As filed with the Securities and Exchange Commission on
November 13, 2002</p>
<p ALIGN="RIGHT">Registration No. 333&#45;_____</p>
</font></b><font SIZE="4">
<p ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</font></p>
<font SIZE="4">
<p ALIGN="CENTER">Washington, D.C. 20549</p>
</font>
<p ALIGN="CENTER">______________</p>
<b><font SIZE="5">
<p ALIGN="CENTER">FORM S&#45;8<br>
</font></b><font SIZE="4">REGISTRATION STATEMENT<br>
under</font><br>
<font SIZE="4">THE SECURITIES ACT OF 1933<br>
<br>
</font><b><font SIZE="5">TEXTRON INC<br>
</font></b><font SIZE="2">(Exact Name of Registrant as Specified in Its Charter)<br>
<br>
</font><br>
</p>
<div align="center">
  <center>
<table CELLSPACING="1" CELLPADDING="1" WIDTH="590">
  <tr>
    <td WIDTH="50%" VALIGN="TOP"><b>
      <p>Delaware<br>
      </b><font SIZE="2">(State or Other Jurisdiction of<br>
      Incorporation or Organization)</p>
      </font>
      <p ALIGN="JUSTIFY">&nbsp;</td>
    <td WIDTH="50%" VALIGN="TOP"><b>
      <p>05&#45;0315468<br>
      </b><font SIZE="2">(I.R.S. Employer<br>
      Identification No.)</font></td>
  </tr>
</table>
  </center>
</div>
<font SIZE="2">
<p ALIGN="CENTER"><br>
<br>
</font><b><font SIZE="3">40 Westminster Street<br>
Providence, Rhode Island 02903</font></b><font SIZE="3"><br>
</font><font SIZE="2">(Address of Principal Executive Offices) (Zip Code)<br>
</font><font SIZE="1"><br>
</font><b><font SIZE="4">TEXTRON 1999 LONG&#45;TERM INCENTIVE PLAN</font></b><font SIZE="4"><br>
</font><font SIZE="2">(Full Title of the Plan)<br>
</font><br>
Michael D. Cahn<br>
Senior Associate General Counsel &#45; Securities<br>
Textron Inc.<br>
40 Westminster Street<br>
Providence, Rhode Island 02903<br>
<font SIZE="2">(Name and Address of Agent for Service)<br>
</font><b>401&#45;421&#45;2800</b><font SIZE="2"><br>
(Telephone Number, Including Area Code, of Agent for Service)<br>
</font><br>
<font SIZE="4">CALCULATION OF REGISTRATION FEE<br>
</p>
</font>
<div align="center">
  <center>
<table CELLSPACING="1" CELLPADDING="1" WIDTH="590">
  <tr>
    <td WIDTH="22%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Title of Securities to be Registered</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Amount to be Registered</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Proposed Maximum Offering Price Per Share</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Proposed Maximum Aggregate Offering Price</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p ALIGN="CENTER">Amount of Registration Fee</font></td>
  </tr>
  <tr>
    <td WIDTH="22%" VALIGN="TOP"><font SIZE="1">
      <p>Common Stock .125 per value</p>
      </font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p>5,000,000 shares</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p>$41.945</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p>$209,725,000</font></td>
    <td WIDTH="20%" VALIGN="TOP"><font SIZE="1">
      <p>$19,294.70</font></td>
  </tr>
</table>
  </center>
</div>
<p ALIGN="JUSTIFY">&nbsp;</p>
<font SIZE="3">
<p ALIGN="JUSTIFY">(1) Estimated in accordance with Rule 457(c) solely for the
purpose of calculating the reg&#45; istration fee, on the basis of the
average of the high and low prices per share of the Registrant&#39;s Common
Stock on the New York Stock Exchange Composite Tape on November 11, 2002.</p>
</font>
<p ALIGN="JUSTIFY">&nbsp;</p>
<font SIZE="2">
<p ALIGN="CENTER">&nbsp;</p>
</font><font SIZE="4">
<p ALIGN="CENTER">PART II<br>
INFORMATION REQUIRED IN THE<br>
REGISTRATION STATEMENT</p>
</font>
<p ALIGN="JUSTIFY">Item 3.&#160;&#160;&#160;&#160;&#160;
Incorporation of Documents by Reference</p>
<font SIZE="2">
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;</font>The
following documents are incorporated by reference in this registration
statement:</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;(a)&#160;&#160;&#160;&#160;&#160;Textron&#39;s
Annual Report on Form 10&#45;K for the fiscal year ended December 29, 2001.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;(b)&#160;&#160;&#160;&#160;&#160;All
other reports filed pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934 since the end of the fiscal year covered by the registrant
document referred to in (a) above.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;(c)&#160;&#160;&#160;&#160;&#160;The
descriptions of Textron&#39;s Common Stock and the associated Preferred
Stock Purchase Rights which are contained in registration statements filed under
the Securities Exchange Act of 1934, including any amendments or reports filed
for the purpose of updating such descriptions.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;All
documents subsequently filed by Textron and the Plan pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Securities Exchange Act of 1934, prior to the filing
of a post&#45;effective amendment which indicates that all securities
offered hereby have been sold or which deregisters all securities remaining
unsold, shall be deemed to be incorporated by reference herein and to be a part
hereof from the date of the filing of such documents.</p>
<p ALIGN="JUSTIFY">Item 4. Descriptions of Securities</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;Inapplicable.</p>
<p ALIGN="JUSTIFY">Item 5. Interests of Named Experts and Counsel</p>
<font SIZE="2">
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;</font>The
validity of the securities has been passed upon by Michael D. Cahn, Senior
Associate General Counsel&#45;Securities and Assistant Secretary for the
Company. Mr. Cahn is a full time employee of Textron Inc. and owns and holds
options to purchase, shares of Textron Common Stock.</p>
<p ALIGN="JUSTIFY">Item 6. Indemnification of Directors and Officers</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;As
authorized by Section 145 of the Delaware General Corporation Law, each director
and officer of Textron may be indemnified by Textron against expenses (including
attorney&#39;s fees, judgments, fines and amounts paid in settlement)
actually and reasonably incurred in connection with the defense or settlement of
any threatened, pending or completed legal proceedings in which he or she is
involved by reason of the fact that he or she is or was a director or officer of
Textron if he or she acted in good faith and in a manner that he or she
reasonably believed to be in or not opposed to the best interests of Textron and
with respect to any criminal action or proceeding, if he or she had no
reasonable cause to believe that his or her conduct was unlawful. If the legal
proceeding, however, is by or in the right of Textron, the director or officer
may not be indemnified in respect of any claim, issue or matter as to which he
or she shall have been adjudged to be liable to Textron unless and to the extent
that a court determines otherwise.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;Textron&#39;s
by&#45;laws require Textron to indemnify each officer and director to the
fullest extent permitted by law. In addition, Textron maintains
directors&#39; and officers&#39; liability policies.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;Article
Sixth of Textron&#39;s restated certificate of incorporation provides that,
to the fullest extent permitted by law, directors of Textron will not be liable
for monetary damages to Textron or its stockholders for breaches of their
fiduciary duties.</p>
<p ALIGN="JUSTIFY">Item 7. Exemption from Registration Claimed</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;
Inapplicable.</p>
<p ALIGN="JUSTIFY">Item 8. Exhibits</p>
<blockquote>
          <p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;&nbsp; 5&#160;&#160;&#160;&#160;&#160;Opinion
          and Consent of Michael D. Cahn, Senior Associate General
          Counsel&#45;Securities and Assistant Secretary of Textron.</p>
  <p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;23&#160;&#160;&#160;&#160;&#160;Consent
          of Ernst & Young LLP.</p>
          <p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;24&#160;&#160;&#160;&#160;&#160;Power
          of Attorney.</p>
</blockquote>
<p>Item 9. Undertakings</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;The
undersigned registrant hereby undertakes:</p>
        <p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;(1)&#160;&#160;&#160;&#160;&#160;To
        file, during any period in which offers or sales are being made, a
        post&#45;effective amendment to this registration statement:</p>
<blockquote>
  <blockquote>
    <blockquote>
      <blockquote>
        <p ALIGN="JUSTIFY">&nbsp;</p>
      </blockquote>
    </blockquote>
  </blockquote>
</blockquote>
<table CELLSPACING="1" CELLPADDING="1" WIDTH="884">
  <tr>
    <td WIDTH="129" VALIGN="TOP">
      <p ALIGN="RIGHT">(i)</td>
    <td WIDTH="741" VALIGN="TOP">
      <p ALIGN="JUSTIFY">To include any prospectus required by section 10(a)(3)
      of the Securities Act of 1933;</td>
  </tr>
  <tr>
    <td WIDTH="129" VALIGN="TOP">
      <p ALIGN="RIGHT">(ii)</td>
    <td WIDTH="741" VALIGN="TOP">
      <p ALIGN="JUSTIFY">To reflect in the prospectus any facts or events
      arising after the effective date of the registration statement (or the
      most recent post&#45;effective amendment thereof) which, individually
      or in the aggregate, represent a fundamental change in the information set
      for in the registration statement;</td>
  </tr>
  <tr>
    <td WIDTH="129" VALIGN="TOP">
      <p ALIGN="RIGHT">(iii)</td>
    <td WIDTH="741" VALIGN="TOP">
      <p ALIGN="JUSTIFY">To include any material information with respect to the
      plan of distribution not previously disclosed in the registration
      statement or any material change to such information in the registration
      statement;</td>
  </tr>
</table>
<i>
<p ALIGN="JUSTIFY">Provided, however, </i>that paragraphs (1)(i) and (1)(ii) do
not apply if the registration statement is on Form S&#45;3 or Form
S&#45;8, and the information required to be included in a
post&#45;effective amendment by those paragraphs is contained in periodic
reports filed by the registrant pursuant to section 13 or section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in the
registration statement.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;(2)&#160;&#160;&#160;&#160;&#160;That,
for the purpose of determining any liability under the Securities Act of 1933,
each such post&#45;effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;(3)&#160;&#160;&#160;&#160;&#160;To
remove from registration by means of a post&#45;effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The
undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, each filing of the
registrant&#39;s annual report pursuant to Section 13(a) or Section 15(d) of
the Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan&#39;s annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.</p>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Insofar
as indemnification for liabilities arising under the Securities Act of 1933 may
be permitted to directors, officers and controlling persons of the registrant
pursuant to the foregoing provisions, or otherwise, the registrant has been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred
or paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<blockquote>
  <blockquote>
    <blockquote>
      <blockquote>
        <blockquote>
          <font SIZE="4">
          <p ALIGN="CENTER">SIGNATURES</p>
          </font>
        </blockquote>
      </blockquote>
    </blockquote>
  </blockquote>
</blockquote>
<p ALIGN="JUSTIFY">&#160;&#160;&#160;&#160;&#160;Pursuant to
the requirements of the Securities Act of 1933, the registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for
filing on Form S&#45;8 and has duly caused this Registration Statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in the City
of Providence, and State of Rhode Island, on this 13<sup>th</sup> day of
November, 2002.</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<div align="center">
  <center>
<table CELLSPACING="1" CELLPADDING="1" WIDTH="740">
  <tr>
    <td WIDTH="386" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="340" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="386" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="340" VALIGN="TOP">
      <p>TEXTRON INC.</p>
      <p>(Registrant)</td>
  </tr>
  <tr>
    <td WIDTH="386" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="340" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="386" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT">&nbsp;</p>
      </font>
      <p ALIGN="RIGHT">By:</td>
    <td WIDTH="340" VALIGN="TOP"><u>
      <p>s/ Michael D. Cahn<br>
      </u>Michael D. Cahn<br>
      Senior Associate General Counsel&#45;<br>
      Securities and Assistant Secretary</td>
  </tr>
</table>
  </center>
</div>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<div align="center">
  <center>
<table CELLSPACING="1" CELLPADDING="1" WIDTH="754">
  <tr>
    <td WIDTH="310" VALIGN="TOP"><b><u>
      <p ALIGN="CENTER">Name</u></b></td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP"><b><u>
      <p ALIGN="CENTER">Title</u></b></td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="center">........................................................<br>
      (Lewis B. Campbell)</p>
    </td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p>Chairman, President and Chief Executive Officer<br>
      (principal executive officer)<br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">......................................................<br>
      (H. Jesse Arnelle)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="JUSTIFY">.........................................................&#160;&#160;&#160;&#160;&#160;&#160;</p>
      <p ALIGN="CENTER">(Teresa Beck)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="JUSTIFY">.........................................................&#160;&#160;&#160;&#160;&#160;&#160;</p>
      <p ALIGN="CENTER">(R. Stuart Dickson)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="JUSTIFY">.........................................................&#160;&#160;&#160;&#160;&#160;&#160;</p>
      <p ALIGN="CENTER">(Lawrence K. Fish)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="JUSTIFY">.........................................................&#160;&#160;&#160;&#160;&#160;&#160;</p>
      <p ALIGN="CENTER">(Joe T. Ford)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (Paul Gagn&#233;)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (John D. Macomber)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      Lord Powell of Bayswater KCMG)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (Brian H. Rowe)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (Sam F. Segnar)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (Martin D. Walker)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (Thomas B. Wheeler)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Director</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (Theodore R. French )</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Executive Vice President and Chief Financial Officer (principal financial
      officer)</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">*</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p ALIGN="CENTER">.........................................................<br>
      (Richard L. Yates)</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">
      <p><br>
      Vice President and Controller (principal accounting officer)</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p>*By:&#160;&#160;&#160;&#160;&#160;&#160;<u>/s/Michael
      D. Cahn</u></td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Michael
      D. Cahn</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="310" VALIGN="TOP">
      <p>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Attorney&#45;in&#45;fact</td>
    <td WIDTH="44" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="380" VALIGN="TOP">&nbsp;</td>
  </tr>
</table>
  </center>
</div>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<font SIZE="4">
<p ALIGN="CENTER">EXHIBIT INDEX</p>
</font>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<div align="center">
  <center>
<table CELLSPACING="1" CELLPADDING="1" WIDTH="729">
  <tr>
    <td WIDTH="253" VALIGN="TOP"><u>
      <p ALIGN="JUSTIFY">Exhibit No</u></td>
    <td WIDTH="462" VALIGN="TOP"><u>
      <p ALIGN="CENTER">Description</u></td>
  </tr>
  <tr>
    <td WIDTH="253" VALIGN="TOP">
      <p ALIGN="JUSTIFY">5</td>
    <td WIDTH="462" VALIGN="TOP">
      <p ALIGN="JUSTIFY">Opinion and Consent of Michael D. Cahn, Senior
      Associate General Counsel&#45;Securities and Assistant Secretary of
      Textron.</td>
  </tr>
  <tr>
    <td WIDTH="253" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="462" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="253" VALIGN="TOP">
      <p ALIGN="JUSTIFY">23</td>
    <td WIDTH="462" VALIGN="TOP">
      <p ALIGN="JUSTIFY">Consent of Ernst & Young LLP.</td>
  </tr>
  <tr>
    <td WIDTH="253" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="462" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="253" VALIGN="TOP">
      <p ALIGN="JUSTIFY">24</td>
    <td WIDTH="462" VALIGN="TOP">
      <p ALIGN="JUSTIFY">Power of Attorney.</td>
  </tr>
</table>
  </center>
</div>
<p ALIGN="JUSTIFY">&nbsp;</p>

</body>

</html>
[{"type": "S-8", "sequence": "1", "filename": "ltip.htm", "secsgml_size_bytes": 26663}]
{"company-data": {"conformed-name": "TEXTRON INC", "cik": "0000217346", "assigned-sic": "3720", "irs-number": "050315468", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-101180", "film-number": "02820360"}, "business-address": {"street1": "40 WESTMINSTER ST", "city": "PROVIDENCE", "state": "RI", "zip": "02903", "phone": "4014212800"}, "mail-address": {"street1": "40 WESTMINSTER ST", "city": "PROVIDENCE", "state": "RI", "zip": "02903"}, "former-company": {"former-conformed-name": "AMERICAN TEXTRON INC", "date-changed": "19710510"}}
As filed with the Securities and Exchange Commission on November 13
As filed with the Securities and Exchange Commission on
November 13, 2002
Registration No. 333-_____
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM S-8
REGISTRATION STATEMENT
under
THE SECURITIES ACT OF 1933
TEXTRON INC
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of
Incorporation or Organization)
05-0315468
(I.R.S. Employer
Identification No.)
40 Westminster Street
Providence, Rhode Island 02903
(Address of Principal Executive Offices) (Zip Code)
TEXTRON 1999 LONG-TERM INCENTIVE PLAN
(Full Title of the Plan)
Michael D. Cahn
Senior Associate General Counsel - Securities
Textron Inc.
40 Westminster Street
Providence, Rhode Island 02903
(Name and Address of Agent for Service)
401-421-2800
(Telephone Number, Including Area Code, of Agent for Service)
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered
Amount to be Registered
Proposed Maximum Offering Price Per Share
Proposed Maximum Aggregate Offering Price
Amount of Registration Fee
Common Stock .125 per value
5,000,000 shares
$41.945
$209,725,000
$19,294.70
(1) Estimated in accordance with Rule 457(c) solely for the
purpose of calculating the reg- istration fee, on the basis of the
average of the high and low prices per share of the Registrant's Common
Stock on the New York Stock Exchange Composite Tape on November 11, 2002.
PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT
Item 3.     
Incorporation of Documents by Reference
The
following documents are incorporated by reference in this registration
statement:
(a)     Textron's
Annual Report on Form 10-K for the fiscal year ended December 29, 2001.
(b)     All
other reports filed pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934 since the end of the fiscal year covered by the registrant
document referred to in (a) above.
(c)     The
descriptions of Textron's Common Stock and the associated Preferred
Stock Purchase Rights which are contained in registration statements filed under
the Securities Exchange Act of 1934, including any amendments or reports filed
for the purpose of updating such descriptions.
All
documents subsequently filed by Textron and the Plan pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Securities Exchange Act of 1934, prior to the filing
of a post-effective amendment which indicates that all securities
offered hereby have been sold or which deregisters all securities remaining
unsold, shall be deemed to be incorporated by reference herein and to be a part
hereof from the date of the filing of such documents.
Item 4. Descriptions of Securities
Inapplicable.
Item 5. Interests of Named Experts and Counsel
The
validity of the securities has been passed upon by Michael D. Cahn, Senior
Associate General Counsel-Securities and Assistant Secretary for the
Company. Mr. Cahn is a full time employee of Textron Inc. and owns and holds
options to purchase, shares of Textron Common Stock.
Item 6. Indemnification of Directors and Officers
As
authorized by Section 145 of the Delaware General Corporation Law, each director
and officer of Textron may be indemnified by Textron against expenses (including
attorney's fees, judgments, fines and amounts paid in settlement)
actually and reasonably incurred in connection with the defense or settlement of
any threatened, pending or completed legal proceedings in which he or she is
involved by reason of the fact that he or she is or was a director or officer of
Textron if he or she acted in good faith and in a manner that he or she
reasonably believed to be in or not opposed to the best interests of Textron and
with respect to any criminal action or proceeding, if he or she had no
reasonable cause to believe that his or her conduct was unlawful. If the legal
proceeding, however, is by or in the right of Textron, the director or officer
may not be indemnified in respect of any claim, issue or matter as to which he
or she shall have been adjudged to be liable to Textron unless and to the extent
that a court determines otherwise.
Textron's
by-laws require Textron to indemnify each officer and director to the
fullest extent permitted by law. In addition, Textron maintains
directors' and officers' liability policies.
Article
Sixth of Textron's restated certificate of incorporation provides that,
to the fullest extent permitted by law, directors of Textron will not be liable
for monetary damages to Textron or its stockholders for breaches of their
fiduciary duties.
Item 7. Exemption from Registration Claimed
Inapplicable.
Item 8. Exhibits
5     Opinion
          and Consent of Michael D. Cahn, Senior Associate General
          Counsel-Securities and Assistant Secretary of Textron.
23     Consent
          of Ernst & Young LLP.
24     Power
          of Attorney.
Item 9. Undertakings
The
undersigned registrant hereby undertakes:
(1)     To
        file, during any period in which offers or sales are being made, a
        post-effective amendment to this registration statement:
(i)
To include any prospectus required by section 10(a)(3)
      of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events
      arising after the effective date of the registration statement (or the
      most recent post-effective amendment thereof) which, individually
      or in the aggregate, represent a fundamental change in the information set
      for in the registration statement;
(iii)
To include any material information with respect to the
      plan of distribution not previously disclosed in the registration
      statement or any material change to such information in the registration
      statement;
Provided, however,
that paragraphs (1)(i) and (1)(ii) do
not apply if the registration statement is on Form S-3 or Form
S-8, and the information required to be included in a
post-effective amendment by those paragraphs is contained in periodic
reports filed by the registrant pursuant to section 13 or section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in the
registration statement.
(2)     That,
for the purpose of determining any liability under the Securities Act of 1933,
each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(3)     To
remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.
The
undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of
the Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.
Insofar
as indemnification for liabilities arising under the Securities Act of 1933 may
be permitted to directors, officers and controlling persons of the registrant
pursuant to the foregoing provisions, or otherwise, the registrant has been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred
or paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of
such issue.
SIGNATURES
Pursuant to
the requirements of the Securities Act of 1933, the registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in the City
of Providence, and State of Rhode Island, on this 13
th
day of
November, 2002.
TEXTRON INC.
(Registrant)
By:
s/ Michael D. Cahn
Michael D. Cahn
Senior Associate General Counsel-
Securities and Assistant Secretary
Name
Title
*
........................................................
(Lewis B. Campbell)
Chairman, President and Chief Executive Officer
(principal executive officer)
Director
*
......................................................
(H. Jesse Arnelle)
Director
*
.........................................................
(Teresa Beck)
Director
*
.........................................................
(R. Stuart Dickson)
Director
*
.........................................................
(Lawrence K. Fish)
Director
*
.........................................................
(Joe T. Ford)
Director
*
.........................................................
(Paul Gagné)
Director
*
.........................................................
(John D. Macomber)
Director
*
.........................................................
Lord Powell of Bayswater KCMG)
Director
*
.........................................................
(Brian H. Rowe)
Director
*
.........................................................
(Sam F. Segnar)
Director
*
.........................................................
(Martin D. Walker)
Director
*
.........................................................
(Thomas B. Wheeler)
Director
*
.........................................................
(Theodore R. French )
Executive Vice President and Chief Financial Officer (principal financial
      officer)
*
.........................................................
(Richard L. Yates)
Vice President and Controller (principal accounting officer)
*By:
/s/Michael
      D. Cahn
Michael
      D. Cahn
Attorney-in-fact
EXHIBIT INDEX
Exhibit No
Description
5
Opinion and Consent of Michael D. Cahn, Senior
      Associate General Counsel-Securities and Assistant Secretary of
      Textron.
23
Consent of Ernst & Young LLP.
24
Power of Attorney.