Pricing Supplement Dated: August 29, 1995
Rule 424 (b) (2)

                              
   (To Prospectus dated June 23, 1992) as supplemented by
          Prospectus Supplement dated July 6, 1992)

THESE  SECURITIES HAVE NOT BEEN APPROVED OR  DISAPPROVED  BY
THE   SECURITIES  AND  EXCHANGE  COMMISSION  OR  ANY   STATE
SECURITIES  COMMISSION NOR HAS THE SECURITIES  AND  EXCHANGE
COMMISSION  OR ANY STATE SECURITIES COMMISSION  PASSED  UPON
THE  ACCURACY  OR  ADEQUACY OF THIS PRICING SUPPLEMENT,  THE
PROSPECTUS SUPPLEMENT OR THE PROSPECTUS.  ANY REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE.

                              
                        TEXTRON INC.
          MEDIUM TERM NOTE SERIES C - FLOATING RATE


Trade Date:  8/29/95          Cusip #:  88320P AD 4
Principal  Amount:  $25,000,000       Net Proceeds to Issuer: $24,979,080.00
Specified  Currency:  U.S. Dollars    Selling Agent:   Morgan Stanley
Issue Price:    $                     Agent's Commission: $20,920.00
Issue Date:    9/1/95                 Initial Interest Rate: 5.8950%
Maturity Date:  10/1/96               (9/1/95-10/2/95)
Trade # 88CF


Form:              X       Book   Entry     or       _______
Certificate

Interest Rate Basis:     1 Month LIBOR +2

Interest  Payment  Dates:  First of each month  or  the  next
business day commencing 10/2/95
Spread (plus or minus):  1 Month LIBOR +2



Redemption:        X     The Notes cannot be redeemed  prior
to maturity.