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 *
BUTLER JOHN D
   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., 40 WESTMINSTER STREET		 3. Date of Earliest Transaction (Month/Day/Year)
12/31/1999
(Street)

PROVIDENCE, RI 02903		 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

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
Phantom Stock (1) 12/31/1999   A   164.401     (2)   (2) Common Stock 164.401 (3) 340.955 (4) D  
Phantom Stock (1) 12/31/2000   A   242.111     (2)   (2) Common Stock 242.111 (5) 595.441 (4) D  
Phantom Stock (1) 12/31/2001   A   302.696     (2)   (2) Common Stock 302.696 (6) 919.707 (4) D  
Phantom Stock (1) 12/31/2002   A   303.856 (7)     (2)   (2) Common Stock 303.856 (7) (7) 1,257.481 (4) D  
Phantom Stock (1) 12/31/2003   A   135.586 (8)     (2)   (2) Common Stock 135.586 (8) (8) 1,438.471 (4) D  
Phantom Stock (1) 12/31/2004   A   156.249 (9)     (2)   (2) Common Stock 156.249 (9) (9) 1,627.896 (4) D  
Phantom Stock (1) 12/31/2005   A   233.89 (10)     (2)   (2) Common Stock 233.89 (10) (10) 1,894.99 (4) D  
Phantom Stock (1) 12/31/2006   A   191.099 (11)     (2)   (2) Common Stock 191.099 (11) (11) 2,121.232 (4) D  
Phantom Stock (1) 07/31/2007   A   95.774 (12)     (2)   (2) Common Stock 95.774 (12) (12) 2,234.155 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BUTLER JOHN D
TEXTRON INC.
40 WESTMINSTER STREET
PROVIDENCE, RI 02903		       Executive VP  

Signatures

 /s/ Ann T. Willaman, Attorney-in-Fact   12/04/2007
**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) Each share of phantom stock is valued based upon the value of one (1) share of Textron Inc. Common Stock.
(2) Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc.
(3) Price per share ranges from $72.40 to $92.24.
(4) Acquired pursuant to the Supplemental Savings Plan for Textron Key Executives; total includes phantom shares acquired in dividend reinvestment transactions not required to be reported.
(5) Price per share ranges from $45.26 to $66.49.
(6) Price per share ranges from $34.98 to $57.77.
(7) Monthly contributions made during FY2002 as follows: 166.226 shares between 1-1-02 and 7-31-02 at prices ranging from $40.07 to $50.71 per share; 27.774 shares on 8-31-02 @ $39.03/share; 29.821 shares on 9-30-02 @ $36.35/share; 28.799 shares on 10-31-02 @ $37.64/share; 25.512 shares on 11-30-02 @ $42.49/share; and 25.724 shares on 12-31-02 @ $42.14/share.
(8) Monthly contributions made during FY2003 as follows: 27.753 shares on 1-31-03 @ $42.05/share; 31.145 shares on 2-28-03 @ $37.47/share; 36.872 shares on 3-31-03 @ $31.65/share; and 39.816 shares on 4-30-03 @ $29.31 per share.
(9) Monthly contributions made during FY2004 as follows: 10.943 shares on 1-31-04 @ $56.75/share; 9.599 shares on 2-29-04 @ $55.11/share; 9.853 shares on 3-31-04 @ $53.69/share; 9.682 shares on 4-30-04 @ $54.64/share; 9.824 shares on 5-31-04 @ $53.85/share; 9.2 shares on 6-30-04 @ $57.50/share; 13.506 shares on 7-31-04 @ $58.79/share; 16.799 shares on 8-31-04 @ $62.98/share; 16.764 shares on 9-30-04 @ $63.11/share; 16.143 shares on 10-31-04 @ $65.54/share; 14.822 shares on 11-30-04 @ $71.38/share; and 19.114 shares on 12-31-04 @ $73.40/share.
(10) Monthly contributions made during FY2005 as follows: 14.684 shares on 1-31-05 @ $70.69/share; 21.911 shares on 2-28-05 @ $75.47/share; 17.496 shares on 3-31-05 @ $76.94/share; 18 shares on 4-30-05 @ $74.79/share; 17.48 shares on 5-31-05 @ $77.01/share; 17.574 shares on 6-30-05 @ $76.60/share; 26.385 shares on 7-31-05 @ $76.53/share; 18.352 shares on 8-31-05 @ $73.35/share; 19.28 shares on 9-30-05 @ $69.82/share; 18.982 shares on 10-31-05 @ $70.92/share; 17.772 shares on 11-30-05 @ $75.75/share; and 25.974 shares on 12-31-05 @ $77.74/share.
(11) Monthly contributions made during FY2006 as follows: 16.644 shares on 1-31-06 @ $78.57/share; 15.41 shares on 2-28-06 @ $84.86/share; 14.324 shares on 3-31-06 @ $91.30/share; 14.242 shares on 4-30-06 @ $91.82/share; 13.978 shares on 5-31-06 @ $93.55/share; 22.251 shares on 6-30-06 @ $88.15/share; 14.5 shares on 7-31-06 @ $90.18/share; 14.904 shares on 8-31-06 @ $87.74/share; 15.606 shares on 9-30-06 @ $83.80/share; 14.52 shares on 10-31-06 @ $90.06/share; 14.08 shares on 11-30-06 @ $92.87/share; and 20.64 shares on 12-31-06 @ $95.04/share.
(12) Monthly contributions made between January and July 2007 as follows: 13.588 shares on 1-31-07 @ $94.83/share; 13.456 shares on 2-28-07 @ $95.76/share; 14.252 shares on 3-31-07 @ $90.40/share; 13.322 shares on 4-30-07 @ $96.72/share; 12.34 shares on 5-31-07 @ $104.42/share; 17.742 shares on 6-30-07 @ $108.94/share; and 11.074 shares on 7-31-07 @ $116.36/share.
 
Remarks:
The numbers of shares and share prices reported hereby have not been adjusted to reflect Textron Inc.'s two-for-one Common Stock split which occurred on August 24, 2007.

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