TACAN

Textron Aviation Special Missions begins deliveries of U.S. Navy Beechcraft King Air 260 Multi-Engine Training System (METS) Aircraft

Retrieved on: 
Montag, April 22, 2024
Defense, Air, Transport, Aerospace, Manufacturing, Other Defense, Radio, Naval Air Systems Command, SSS, Navy, Intelligence, Aviation, Textron, Automation, T-44, UTD, METS, NAVAIR, Pegasus, Multimedia, TACAN, AOA, Textron Aviation, Beechcraft, Aircraft, Student, Government, ISR, Beechcraft King Air, Airline

Textron Aviation today announced it delivered the first two of up to 64 Multi-Engine Training System (METS) Beechcraft King Air 260 aircraft contracted by Naval Air Systems Command (NAVAIR) on January 25, 2023, following a full and open competition.

Key Points: 
  • Textron Aviation today announced it delivered the first two of up to 64 Multi-Engine Training System (METS) Beechcraft King Air 260 aircraft contracted by Naval Air Systems Command (NAVAIR) on January 25, 2023, following a full and open competition.
  • View the full release here: https://www.businesswire.com/news/home/20240419584909/en/
    Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy (Photo: Business Wire)
    The Beechcraft King Air is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • The aircraft, which will be known as the T-54A, replaces the Chief of Naval Air Training (CNATRA) fleet of T-44C Pegasus aircraft at Naval Air Station Corpus Christi.
  • A variant of the twin-engine and pressurized Beechcraft King Air 260, the T-54A will modernize the fleet and be more representative of follow-on fleet aircraft.

Textron Aviation Special Missions Beechcraft King Air 260 chosen as new U.S. Navy Multi-Engine Training System (METS)

Retrieved on: 
Donnerstag, Februar 16, 2023
Other Defense, Professional Services, General Automotive, Automotive, Defense, Insurance, Chemicals, Plastics, Air, Transport, Finance, Aerospace, Manufacturing, Aircraft, NAVAIR, Beechcraft King Air, Government, United States Coast Guard, E-2, AOA, T-44, Naval Air Systems Command, Radio, Textron Aviation, EP-3, Aviation, METS, E-6, MV-22, Student, Pegasus, CV-22, ISR, Beechcraft, Multimedia, United States Marine Corps, Virtual reality, TACAN, P-8, VA-42 (U.S. Navy), Airline, Atmosphere of Earth, United States Navy

View the full release here: https://www.businesswire.com/news/home/20230215005839/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230215005839/en/
    Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy (Photo: Business Wire)
    The contract award is for up to 64 King Air 260 aircraft, which will be known as the T-54A.
  • The initial Lot I award will procure 10 new Beechcraft King Air 260 commercial aircraft and associated support.
  • The Beechcraft King Air 260 aircraft acquired under the METS contract will replace the Chief of Naval Air Training (CNATRA) fleet of T-44C Pegasus aircraft.
  • “We are honored the U.S. Navy has again selected the Beechcraft King Air to fulfill its training needs,” said Bob Gibbs, vice president, Special Missions Sales for Textron Aviation.

Tel-Instrument Electronics Corp. Reports Financial Results for First Quarter FY 2023 and Receipt of Navy Upgrade Contract for the CRAFT Test Set

Retrieved on: 
Montag, August 15, 2022
Aerospace, Manufacturing, Defense, Engineering, Contracts, Electric Bond and Share Company v. Securities and Exchange Commission, Lockheed, Industry, CEO, TIC, ECP, Navy, Act, Growth, Lockheed Martin, U.S. Navy Diving Manual, Communication, Income, Engineering, Company, Army of the United States, Program, Radar, Private Securities Litigation Reform Act, Electronics, Transport, Nature, U.S. Securities and Exchange Commission, Uncertainty, TACAN, Intention, Operating cost, CRAFT, Goal, Software, Solution, SDR, Prime number, Mode, F-35, Gasoline

TIC also reported the receipt of a contract this week from the U.S. Navy to upgrade fielded CRAFT test sets to remove product obsolescence and add new capabilities.

Key Points: 
  • TIC also reported the receipt of a contract this week from the U.S. Navy to upgrade fielded CRAFT test sets to remove product obsolescence and add new capabilities.
  • This contract includes $2.9 million of non-recurring engineering (NRE) and provision for the upgrade of fielded Navy CRAFT test sets.
  • Revenues for the first quarter of FY 23 ended June 30, 2022, were $2.3 million, or 55%, of the prior year first quarter.
  • This product family includes two separate test sets designated as the AN/USM-708 (CRAFT 708) and AN/USM-719 (CRAFT 719) test sets.