The industrial giant Textron has the attributes – favorable and unfavorable – of having been around for a long time. It doesn’t have to loudly hype its technological and product viability to excite investors, it doesn’t have to stand up an organization from nothing, and it has a balance sheet and engineering bench that would make any newcomer envious. It also is weighed down by the institutional inertia, silos and competing internal priorities and executive attention spans that come with a sprawling aerospace conglomerate, antithetical to the fast-moving and creative startups.
