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 *
Bohlen Kenneth C
  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 Vice President
(Last)
(First)
(Middle)
TEXTRON INC., 2301 EAGLE PARKWAY, SUITE 250
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2007
(Street)

FORT WORTH, TX 76177
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 10/22/2007   M   10,360 A $ 22.7813 57,144 D  
Common Stock 10/22/2007   M   11,456 A $ 28.215 68,600 D  
Common Stock 10/22/2007   S   10,690 D $ 66 57,910 D  
Common Stock 10/22/2007   S   3,700 D $ 66.01 54,210 D  
Common Stock 10/22/2007   S   1,500 D $ 66.011 52,710 D  
Common Stock 10/22/2007   S   4,510 D $ 66.02 48,200 D  
Common Stock 10/22/2007   S   1,100 D $ 66.021 47,100 D  
Common Stock 10/22/2007   S   100 D $ 66.03 47,000 D  
Common Stock 10/22/2007   S   116 D $ 66.031 46,814 D  
Common Stock 10/22/2007   S   100 D $ 66.041 46,784 D  
Common Stock               9,038.565 I Held on behalf of the Reporting Person by the Textron Savings Plan as of September 30, 2007.

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 $ 22.7813 10/22/2007   M     10,360 12/13/2001 12/12/2010 Common Stock 10,360 $ 0 (1) 20,000 D  
Employee Stock Option - Right to Buy $ 28.215 10/22/2007   M     11,456 02/12/2005 02/11/2014 Common Stock 11,456 $ 0 (1) 15,658 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Bohlen Kenneth C
TEXTRON INC.
2301 EAGLE PARKWAY, SUITE 250
FORT WORTH, TX 76177
      Executive Vice President  

Signatures

 Ann T. Willaman, Attorney-in-Fact   10/24/2007
**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) Issued pursuant to the Textron 1999 Long-Term Incentive Plan.
 
Remarks:
All share numbers and prices have been adjusted to reflect Textron Inc.'s two-for-one Common Stock split which occurred on August 24, 2007.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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