Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
HOWELL MARY L
  2. Issuer Name and Ticker or Trading Symbol
TEXTRON INC [TXT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive VP
(Last)
(First)
(Middle)
TEXTRON INC., 1111 PENNSYLVANIA AVENUE, SUITE 400
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2007
(Street)

WASHINGTON, DC 20004
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/20/2007   M   16,666 A $ 74.9375 47,871 D  
Common Stock 04/20/2007   M   20,631 A $ 73.0313 68,502 D  
Common Stock 04/20/2007   M   20,928 A $ 56.43 89,430 D  
Common Stock 04/20/2007   S   58,225 D $ 102.34 (1) 31,205 D  
Common Stock               4,363.632 I Held on behalf of Reporting Person by the Textron Savings Plan (as of April 20, 2007).
Common Stock               272 I Held by Reporting Person's son.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option - Right to Buy $ 74.9375 04/20/2007   M     9,000 12/10/1999 12/09/2008 Common Stock 9,000 $ 0 (2) 9,000 D  
Employee Stock Option - Right to Buy $ 74.9375 04/20/2007   M     7,666 12/10/2000 12/09/2008 Common Stock 7,666 $ 0 (2) 1,334 D  
Employee Stock Option - Right to Buy $ 73.0313 04/20/2007   M     11,000 12/15/2000 12/14/2009 Common Stock 11,000 $ 0 (3) 11,000 D  
Employee Stock Option - Right to Buy $ 73.0313 04/20/2007   M     9,631 12/15/2001 12/14/2009 Common Stock 9,631 $ 0 (3) 1,369 D  
Employee Stock Option - Right to Buy $ 56.43 04/20/2007   M     7,567 02/12/2005 02/11/2014 Common Stock 7,567 $ 0 (3) 15,133 D  
Employee Stock Option - Right to Buy $ 56.43 04/20/2007   M     7,567 02/12/2006 02/11/2014 Common Stock 7,567 $ 0 (3) 7,566 D  
Employee Stock Option - Right to Buy $ 56.43 04/20/2007   M     5,794 02/12/2007 02/11/2014 Common Stock 5,794 $ 0 (3) 1,772 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HOWELL MARY L
TEXTRON INC.
1111 PENNSYLVANIA AVENUE, SUITE 400
WASHINGTON, DC 20004
      Executive VP  

Signatures

 Ann T. Willaman, Attorney-in-Fact   04/23/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) Price reported is weighted average price per share of transaction effected at prices ranging from $102.00 to $102.83.
(2) Issued pursuant to the Textron 1994 Long-Term Incentive Plan.
(3) Issued pursuant to the Textron 1999 Long-Term Incentive Plan.

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