1 EXHIBIT 21 TEXTRON INC. - SIGNIFICANT SUBSIDIARIES (AS OF MARCH 6, 2001) Set forth below are the names of certain subsidiaries of Textron Inc. Other subsidiaries, which considered in the aggregate, do not constitute a significant subsidiary, are omitted from such list. - ------------------------------------------------------------------------------------------------------------- ---------------------- NAME JURISDICTION - ------------------------------------------------------------------------------------------------------------- ---------------------- Avco Corporation Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Systems Corporation Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Turbine Engine Components Textron Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Avdel Cherry Textron Inc. New York - ------------------------------------------------------------------------------------------------------------- ---------------------- Bell Aircraft Services Company Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Bell Aerospace Services Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Edwards & Associates, Inc. Tennessee - ------------------------------------------------------------------------------------------------------------- ---------------------- Bell Helicopter Textron Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Burkland Textron Inc. Michigan - ------------------------------------------------------------------------------------------------------------- ---------------------- Cessna Aircraft Company Kansas - ------------------------------------------------------------------------------------------------------------- ---------------------- Cone Drive Operations Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- David Brown (Delaware) Holdings Corp. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Elco Textron Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Elco Anchor Wire Inc. Tennessee - ------------------------------------------------------------------------------------------------------------- ---------------------- Flexalloy Inc. Ohio - ------------------------------------------------------------------------------------------------------------- ---------------------- Greenlee Textron Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- HR Textron Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Energy Mfg. Co., Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- InteSys Technologies, Inc. Massachusetts - ------------------------------------------------------------------------------------------------------------- ---------------------- OmniQuip Textron International Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Lull International, Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- TRAK International, Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- RIFOCS Corp. California - ------------------------------------------------------------------------------------------------------------- ---------------------- Ring Screw Textron Inc. Michigan - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Atlantic Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Klauke Handels GmbH Austria - ------------------------------------------------------------------------------------------------------------- ---------------------- Maag Pump Systems Textron A.G. Switzerland - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Acquisition Limited England - ------------------------------------------------------------------------------------------------------------- ---------------------- Avdel plc/Avdel plc Inc. England/Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Ransomes Investment Corporation Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Ransomes America Corporation Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Cushman Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Ransomes Inc. Wisconsin - ------------------------------------------------------------------------------------------------------------- ---------------------- Steiner Turf Equipment Inc. Wisconsin - ------------------------------------------------------------------------------------------------------------- ---------------------- Ransomes plc England - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Fluid and Power Systems Holdings Limited England - ------------------------------------------------------------------------------------------------------------- ---------------------- David Brown Group plc England - ------------------------------------------------------------------------------------------------------------- ---------------------- David Brown Engineering Ltd. England - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Limited England - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Automotive MIP Limited England - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Automotive Limited England - ------------------------------------------------------------------------------------------------------------- ---------------------- Page 1 2 - ------------------------------------------------------------------------------------------------------------- ---------------------- NAME JURISDICTION - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Atlantic Inc. (continued) - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron International Holding, S.L. (98.38%; 0.90% - Textron Automotive Company Inc.; Spain 0.72% - Textron Automotive Overseas Investment Inc.) - ------------------------------------------------------------------------------------------------------------- ---------------------- Kautex Textron Benelux B.V.B.A. (99.9%; 1 share - Kautex Textron Iberica S.L.) Belgium - ------------------------------------------------------------------------------------------------------------- ---------------------- Kautex Textron Iberica S.L. Spain - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron France Holding S.A.R.L. (99.9%; 1 share - Textron Industries Management S.N.C.) France - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron France S.A.R.L. (99.9%; 1 share - Textron Industries Management S.N.C.) France - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Atlantic Holding GmbH (99.9%; 0.1% - Textron Atlantic Inc.) Germany - ------------------------------------------------------------------------------------------------------------- ---------------------- Kautex Textron Verwaltungs GmbH Germany - ------------------------------------------------------------------------------------------------------------- ---------------------- Kautex Textron GmbH & Co. K.G. (98%; 1% - Jacobsen E-Z-GO Textron GmbH Germany Rasenpflegesysteme; 1% - Deutsche Bank subsidiary) - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Verbindungstechnik Beteiligungs GmbH Germany - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Verbindungstechnik GmbH & Co. O.H.G. (99%; 1% - Jacobsen E-Z-GO Germany Textron GmbH Rasenpflegesysteme) - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Industries S.A.S. France - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Automotive Company Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- McCord Corporation Michigan - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Automotive Interiors Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Micromatic Operations Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Micro-Precision Operations Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Automotive Exteriors Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron FSC Inc. Barbados - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Financial Corporation Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Cessna Finance Corporation Kansas - ------------------------------------------------------------------------------------------------------------- ---------------------- Litchfield Financial Corporation Massachusetts - ------------------------------------------------------------------------------------------------------------- ---------------------- RFC Capital Corporation Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Systran Financial Services Holding Corporation Washington - ------------------------------------------------------------------------------------------------------------- ---------------------- Systran Financial Services Corporation Oregon - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Financial Canada Acceptance Corporation Ontario - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Financial Investment Corporation Rhode Island - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Funding Corporation Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Properties Inc. Delaware - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Canada Limited (64.5%; 35.5% - Textron Inc.) Canada - ------------------------------------------------------------------------------------------------------------- ---------------------- Bell Helicopter Canada International Inc. Canada - ------------------------------------------------------------------------------------------------------------- ---------------------- Kautex Corporation Nova Scotia - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Rhode Island Inc. Rhode Island - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron S.A. de C.V. (99%; 1% - Textron Atlantic Inc.) Mexico - ------------------------------------------------------------------------------------------------------------- ---------------------- Kautex Textron de Mexico, S.A. de C.V. Mexico - ------------------------------------------------------------------------------------------------------------- ---------------------- Textron Automotive Company de Mexico, S.A. de C.V. Mexico - ------------------------------------------------------------------------------------------------------------- ---------------------- Turbine Engine Components Textron (Santa Fe Springs Operations) Inc. California - ------------------------------------------------------------------------------------------------------------- ---------------------- Page 2