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Textron Aviation Defense Secures First Contract to Deliver Beechcraft T-6 Texan II Integrated Training System to Japan
Businesswire· 2025-12-22 01:00
Core Points - Textron Aviation Defense LLC has finalized its first contract to deliver the Beechcraft T-6JP Texan II integrated training system to Japan's Air Self-Defense Force, including two aircraft and training materials, with deliveries scheduled for 2029 [1][2][3] - The T-6 Texan II is recognized as the world's most widely adopted integrated training system, with over 1,000 aircraft in service and more than 5 million flight hours logged, supporting pilot training across 15 nations [3][5][6] - The choice of the Beechcraft T-6 Texan II by Japan's Air Self-Defense Force reflects confidence in Textron Aviation Defense's military training systems [4][6] Company Overview - Textron Aviation Defense LLC is a subsidiary of Textron Aviation Inc., known for providing military flight trainers and integrated training systems, with a legacy of producing thousands of Beechcraft and Cessna aircraft since WWII [6][7] - The Beechcraft T-6 Texan II has been the leading integrated training system for over 20 years, characterized by low acquisition, operating, and sustainment costs, which enable rapid pilot production for global air forces [5][6] - Textron Inc. operates across multiple industries, leveraging its global network to provide innovative solutions and services, recognized for its powerful brands including Bell, Cessna, and Beechcraft [7]
Civil Air Patrol Expands Fleet With 15 New Cessna Aircraft to Support Lifesaving and Community Missions
Businesswire· 2025-12-15 16:00
Core Insights - Textron Aviation Inc. announced an order from Civil Air Patrol (CAP) for 15 additional piston-engine aircraft, including seven Cessna Skyhawk 172 and eight Cessna Skylane 182 models, scheduled for delivery throughout 2026, expanding CAP's fleet to over 500 Cessna aircraft nationwide [1][3] Company Overview - Textron Aviation has been a leader in aviation for over 95 years, offering a comprehensive portfolio that includes business jets, turboprops, high-performance pistons, and special mission products, with a workforce that has produced more than half of all general aviation aircraft worldwide [5] - The company is recognized for its reliable and versatile aircraft, which are chosen for various special operations, including air ambulance, intelligence, surveillance, reconnaissance, and utility transport [4][5] Civil Air Patrol (CAP) Mission - CAP operates as the U.S. Air Force Auxiliary and provides critical services for federal, state, and local agencies, with operations in all 50 U.S. states and over 1,400 communities [3][10] - In 2025, CAP is expected to enhance its capabilities significantly, having completed over 400 search and rescue missions and saved at least three dozen lives [7][10] Aircraft Performance and Capabilities - The new aircraft order is aimed at strengthening CAP's ability to respond quickly and effectively to emergencies, supporting community needs across the nation [2][4] - Textron Aviation's aircraft are designed to meet the demands of special missions, providing high performance and low operating costs, making them suitable for various critical operations [3][4]
Civil Air Patrol Expands Fleet With 15 New Cessna Aircraft to Support Lifesaving and Community Missions
Businesswire· 2025-12-15 16:00
Core Insights - Textron Aviation Inc. announced an order from Civil Air Patrol (CAP) for 15 additional piston-engine aircraft, including seven Cessna Skyhawk 172 and eight Cessna Skylane 182 models, scheduled for delivery throughout 2026, expanding CAP's fleet to over 500 Cessna aircraft nationwide [1][3] Company Overview - Textron Aviation has been a leader in aviation for over 95 years, producing a wide range of aircraft including business jets, turboprops, and special mission products, and has a comprehensive aviation product portfolio [5] - The company is known for its reliability, versatility, and performance, serving customers in over 170 countries [5] Civil Air Patrol (CAP) Operations - CAP operates as the U.S. Air Force Auxiliary and provides critical services including search and rescue, disaster relief, and support for military operations, leveraging a versatile fleet of aircraft and trained volunteers [10][11] - In 2025, CAP completed over 400 search and rescue missions, logged more than 100,000 flying hours, and recorded over 200 finds, demonstrating its effectiveness in emergency response [7] Aircraft Performance and Mission Support - Cessna aircraft are recognized for their reliability and versatility, making them suitable for various special missions including air ambulance, intelligence, surveillance, reconnaissance, and utility transport [3][4] - CAP's new aircraft order is aimed at enhancing its ability to respond quickly and effectively to community needs, showcasing the importance of reliable aviation solutions in critical operations [2][4]
Textron: A Hidden Valuation Gap Finally Ready To Close? (NYSE:TXT)
Seeking Alpha· 2025-12-04 12:44
Group 1 - Textron (NYSE: TXT) stock has remained flat, underperforming the S&P 500's 3.7% gain since the last report [2] - The aerospace and defense contractor is experiencing structural underperformance, despite receiving a buy rating [2] - The analyst, Dhierin-Perkash Bechai, specializes in aerospace, defense, and airline sectors, providing data-informed analysis to identify investment opportunities [2] Group 2 - The Aerospace Forum offers access to data analytics monitors and aims to discover investment opportunities in the aerospace, defense, and airline industry [2]
Textron: A Hidden Valuation Gap Finally Ready To Close?
Seeking Alpha· 2025-12-04 12:44
Group 1 - Textron (NYSE: TXT) stock has remained flat, underperforming the S&P 500's 3.7% gain [2] - The aerospace and defense contractor is experiencing structural underperformance [2] - The analyst provides insights into the aerospace, defense, and airline industry, highlighting significant growth prospects [2] Group 2 - The investing group, The Aerospace Forum, aims to discover investment opportunities in the aerospace, defense, and airline sectors [2] - The group offers access to data analytics monitors to inform investment decisions [2]
Jörg Rautenstrauch Named President and CEO of Textron Specialized Vehicles Inc.; Rob Scholl to Assume New Role as Bell Chief Commercial Officer
Businesswire· 2025-11-24 15:00
Core Points - Jörg Rautenstrauch has been appointed as the new president and CEO of Textron Specialized Vehicles, taking over from Rob Scholl [1] - Rob Scholl will transition to the role of chief commercial officer at Bell [1]
Cessna Citation Ascend Achieves FAA Certification, Bringing Advanced Features to the Most Popular Midsize Business Jet Family
Businesswire· 2025-11-06 13:15
Core Points - The Cessna Citation Ascend has achieved FAA type certification, marking a significant milestone for Textron Aviation, with entry into service expected later this year [2][3] - The aircraft features an entirely new cockpit, improved performance, and a luxurious flat floor cabin, enhancing versatility and flexibility for customers [2][3] - The successful flight test program included over 1,000 flight hours and numerous certification tests [2][3] Aircraft Specifications - The Citation Ascend is equipped with Garmin G5000 avionics and powered by two Pratt & Whitney Canada PW545D engines, providing a maximum speed of 441 knots (817 km/h) and a maximum range of 1,940 nautical miles (3,593 km) [4] - The aircraft has a full fuel payload capacity of 900 pounds (408 kg) [4] - It includes an unattended Honeywell RE100 [XL] Auxiliary Power Unit (APU) for efficient pre-flight preparation [5] Cabin Features - The cabin can be configured for up to 12 passengers and offers luxurious amenities similar to the Cessna Citation Latitude and Longitude, including a flat floor for enhanced legroom [6] - Advanced acoustic treatment ensures a quiet environment, with cabin sound levels comparable to driving a car on the highway [8] - The cabin features larger windows (approximately 15% larger) for increased natural light and includes multiple charging ports and wireless control for lighting and entertainment [9][10] Technology and Innovation - The aircraft incorporates autothrottle technology to reduce pilot workload and enhance flight safety [7] - It features three large, 14-inch ultra high-resolution displays, synthetic vision technology, and advanced weather detection systems [7] - Connectivity options include standard GoGo U.S. Avance L3 Max Wi-Fi and optional U.S. Avance L5 Wi-Fi for global communication [10]
Textron Aviation Defense Announces Wichita Production Plans for Beechcraft M-346N If Awarded U.S. Navy's UJTS Contract
Businesswire· 2025-10-28 15:00
Core Points - Textron Aviation Defense plans to assemble the Beechcraft M-346N in Wichita, Kansas, if awarded the U.S. Navy's UJTS contract, emphasizing its commitment to advanced jet training systems for the Navy [1][4] - The company expects to invest over $38 million to modernize more than 50,000 square feet of manufacturing space, creating approximately 100 direct manufacturing jobs in Wichita [2][4] - The Beechcraft M-346N is designed as a low-risk, operationally proven integrated training system, featuring advanced capabilities for naval training [3][5] Company Overview - Textron Aviation Defense has a legacy of supporting the U.S. government with training aircraft for over 85 years, highlighting its historical significance in Wichita [3][8] - The M-346N is equipped with advanced technology, including fully digital flight controls, a fly-by-wire system, and innovative safety features like the Automatic Ground Collision Avoidance System [5][6] - The U.S. Navy is expected to announce the contract award in January 2027, and Textron Aviation Defense believes it is well-positioned to meet the Navy's training needs [4][8]
Danny Maldonado Named President & CEO of Bell
Businesswire· 2025-10-28 14:30
Core Points - Danny Maldonado has been appointed as the president & CEO of Bell, effective January 4, 2026, succeeding Lisa Atherton who will take over as president & CEO of Textron Inc. on the same date [1][7] - Maldonado has a strong background in leadership roles within Textron, including his current position as chief commercial officer (CCO) of Bell and previous roles at Textron Financial Corp. and Bell's executive vice president of sales and marketing [2][3] - Textron Chairman and CEO Scott Donnelly emphasized Maldonado's proven leadership and success at Bell, highlighting the importance of his role during a critical time for the MV-75 program and ongoing investments in commercial helicopter programs [3] Company Overview - Textron Inc. is a multi-industry company with a diverse portfolio that includes aircraft, defense, industrial, and finance businesses, recognized for its brands such as Bell, Cessna, and Beechcraft [3] - The company reported revenues of $13.7 billion and a net income of $1.2 billion for the year 2024 [5][10]
Textron Q3 Earnings Beat Estimates, Revenues Improve Y/Y
ZACKS· 2025-10-23 14:01
Core Insights - Textron Inc. reported third-quarter 2025 adjusted earnings of $1.55 per share, exceeding the Zacks Consensus Estimate of $1.47 by 5.4% and reflecting a 10.7% increase from $1.40 in the same quarter last year [1][8] - Total revenues for the company were $3.6 billion, falling short of the Zacks Consensus Estimate of $3.71 billion by 2.8%, but showing a 4.9% increase from $3.43 billion in the previous year [2][8] Textron's Revenues - The company achieved total revenues of $3.6 billion, which was below expectations but represented a 4.9% year-over-year growth [2][8] Segmental Performance of Textron - **Textron Aviation**: Revenues increased by 10% year-over-year to $1.5 billion, driven by higher volumes in Citation jets and commercial turboprops, with a backlog of $7.7 billion [3][8] - **Bell**: Revenues reached $1 billion, also up 10% year-over-year, supported by increased military revenues, with a backlog of $8.2 billion [4][8] - **Textron Systems**: Revenues were $307 million, a slight increase from the previous year, with a backlog of $3.2 billion [5] - **Industrial**: Revenues declined by $79 million to $761 million due to the divestiture of the Powersports business [5] - **Textron eAviation**: Revenues totaled $5 million, down from $6 million in the prior year [5] - **Finance**: Revenues increased to $26 million from $12 million in the year-ago quarter [6] Textron's Financials - As of September 27, 2025, cash and cash equivalents were $1.45 billion, up from $1.39 billion at the end of 2024 [7] - Cash generated from operating activities in the first nine months of 2025 was $629 million, compared to $561 million in the same period last year [9] - Capital expenditures were $210 million, slightly down from $211 million in the prior year [9] - Long-term debt increased to $3.04 billion from $2.89 billion at the end of 2024 [9] Textron's Guidance - The company expects adjusted earnings to be in the range of $6.00 to $6.20 per share, with the Zacks Consensus Estimate at $6.15 per share [10] Textron's Zacks Rank - Textron currently holds a Zacks Rank 2 (Buy) [11]