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.