Textron

U.S. Army awards Textron Aviation contract for three Beechcraft King Air turboprops

Retrieved on: 
Tuesday, November 7, 2023
Government Technology, Aerospace, Manufacturing, Defense, Air, Transport, White House, Federal Government, Insurance, Other Defense, Contracts, Finance, Homeland Security, Professional Services, Other Energy, Public Policy, Government, Energy, Other Manufacturing, Military, Chemicals, Plastics, Textron Aviation, Cessna, NYSE, Redstone Arsenal, Foreign, COTS, AL, Foreign Military Sales, Cessna 408 SkyCourier, Acquisition, Beechcraft King Air, Multimedia, Aviation, United States Department of the Army, ISR, Fuerza, Textron, IDIQ, Army, FMS, Acceleration, Jet fuel

Textron Aviation today announced it has been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for Cessna SkyCourier , Cessna Grand Caravan EX , Beechcraft King Air 360 and Beechcraft King Air 260 turboprop aircraft in support of Foreign Military Sales (FMS).

Key Points: 
  • Textron Aviation today announced it has been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for Cessna SkyCourier , Cessna Grand Caravan EX , Beechcraft King Air 360 and Beechcraft King Air 260 turboprop aircraft in support of Foreign Military Sales (FMS).
  • The indefinite delivery, indefinite quantity (IDIQ) contract allows up to $100 million U.S. dollars for the acquisition of Textron Aviation aircraft over a five-year period.
  • View the full release here: https://www.businesswire.com/news/home/20231107736088/en/
    Beechcraft King Air 360 (Photo: Business Wire)
    The Cessna SkyCourier, Cessna Grand Caravan EX and Beechcraft King Air are designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • “We are honored the U.S. Army created this multiyear IDIQ contract with Textron Aviation, which provides the ability to rapidly procure COTS aircraft and modification for FMS allies and partner nations.”
    When government, military and commercial customers want airborne solutions for critical missions, they turn to Textron Aviation.

Textron Reports Third Quarter 2023 Results; Raises Full-Year EPS Outlook

Retrieved on: 
Thursday, October 26, 2023
Chemicals, Plastics, Automotive Manufacturing, Other Energy, Insurance, Aerospace, Manufacturing, Finance, Other Transport, Energy, Professional Services, Air, Defense, Transport, Other Defense, Textron Aviation, System, Shumerlya Special Vehicles Plant, NYSE, Bell, Textron, GAAP, Research, Growth, Inc., Webcast, Specialization, Access code, Aviation, Video game, Drug, Internet service provider

"At Aviation, we saw our strongest order quarter of the year with a 12% increase over the third quarter of 2022."

Key Points: 
  • "At Aviation, we saw our strongest order quarter of the year with a 12% increase over the third quarter of 2022."
  • Textron Aviation delivered 39 jets in the quarter, flat with last year, and 38 commercial turboprops, up from 33 in last year's third quarter.
  • Revenues at Textron Systems were $309 million, up $17 million from last year's third quarter, largely reflecting higher volume.
  • Textron will host its conference call today, October 26, 2023 at 8:00 a.m. (Eastern) to discuss its results and outlook.

Nano Dimension Announces Additional Governance Enhancements and Convening of an Extraordinary General Meeting of Shareholders

Retrieved on: 
Wednesday, October 18, 2023
Glass Lewis, Electronics, EGM, Annual general meeting, Mass meeting, United States Army Forces Command, Customer success, Institutional Shareholder Services, Army Forces Command (Germany), ADS, RET, Former Command House, ISS, Management, Cryptocurrency, Textron

Waltham, Mass., Oct. 18, 2023 (GLOBE NEWSWIRE) --  Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, today announced that it will hold an Extraordinary General Meeting of Shareholders (the “EGM”) on December 13th, 2023, at which shareholders will be asked to approve compensation for the Company’s Directors, including the Chairman of the Board and Nano Dimension’s Chief Executive Officer. In addition, Nano Dimension today announced the continuation of its corporate governance enhancements to further align the Company’s profile with gold standards and best practices based on shareholder feedback and input from governance experts, Institutional Shareholder Services and Glass Lewis, prior to the previous Annual General Meeting on September 7th, 2023.

Key Points: 
  • With these changes, Nano Dimension’s Board has been reduced, since September 2023, from nine to seven directors, with all six non-executive directors being independent.
  • Yoav Stern, CEO of Nano Dimension, commented, “We intend to continue corporate governance enhancements with refreshed Board composition and Board rightsizing, as well as recruiting unique and highly qualified additions to our present leadership.
  • Today’s announcement is a continuation of these efforts, as we have considered feedback from our shareholders and independent governance experts.
  • His strength and commitment over so many years is part and parcel of what Nano Dimension’s spirit is today.

Textron Declares Quarterly Dividend

Retrieved on: 
Wednesday, October 25, 2023
Other Defense, Other Energy, Professional Services, Energy, Automotive, Defense, Other Manufacturing, Chemicals, Plastics, Insurance, Other Automotive, Finance, Aerospace, Manufacturing, Common stock, NYSE, Textron, Holding company, Security (finance)

The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.

Key Points: 

The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.
All dividends will be paid on January 1, 2024 to holders of record at the close of business on December 15, 2023.

Textron Aviation announces Hahn Air as Citation CJ3 Gen2 European launch customer

Retrieved on: 
Tuesday, October 24, 2023
Other Defense, Other Energy, Professional Services, Energy, Defense, Insurance, Chemicals, Plastics, Air, Transport, Finance, Aerospace, Manufacturing, Textron Aviation, NYSE, Multimedia, Textron, National Business Aviation Association, Cessna Citation Latitude, Atmosphere of Earth, Citation, Cessna Citation family, Hahn Air, Aircraft, Aviation, Airline

Textron Aviation today announced that Hahn Air has entered into a purchase agreement to be the European launch customer for the just-announced Cessna Citation CJ3 Gen2 .

Key Points: 
  • Textron Aviation today announced that Hahn Air has entered into a purchase agreement to be the European launch customer for the just-announced Cessna Citation CJ3 Gen2 .
  • View the full release here: https://www.businesswire.com/news/home/20231024909345/en/
    Photo of representatives from Textron Aviation and Hahn Air (left to right: Ron Draper, Textron Aviation; Captain Daniel Rudas, Hahn Air) (Photo: Business Wire)
    The Cessna Citation CJ3 Gen2 and Cessna Citation Latitude are designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • The new Citation Latitude and CJ3 Gen2 will replace Hahn Air’s existing Citation Latitude and CJ3+.
  • “We are proud to continue our long-lasting relationship with Textron Aviation,” said Captain Daniel Rudas, general manager and COO, Hahn Air.

Textron Aviation Customer Support Leads the Way in Elevating Aviation Safety Standards With FAA Acceptance for Safety Management System

Retrieved on: 
Tuesday, October 17, 2023
General Automotive, Chemicals, Plastics, Other Energy, Insurance, Aerospace, Manufacturing, Finance, Automotive, Energy, Professional Services, Air, Defense, Transport, Other Defense, Textron Aviation, SMS, Cessna, NYSE, Federal Aviation Administration, Safety management system, Maintenance, Multimedia, Aviation, Beechcraft, Textron, AOG, Customer support, Safety, Corporation, FAA, 3D printing, Risk management, Exhibition, Hawker

Textron Aviation announced today during the 2023 National Business Aviation Association Convention and Exhibition (NBAA-BACE) that its Customer Support organization received acceptance from the Federal Aviation Administration (FAA) for its Corporate Enterprise Safety Management System (SMS) at its Wichita and Indianapolis locations.

Key Points: 
  • Textron Aviation announced today during the 2023 National Business Aviation Association Convention and Exhibition (NBAA-BACE) that its Customer Support organization received acceptance from the Federal Aviation Administration (FAA) for its Corporate Enterprise Safety Management System (SMS) at its Wichita and Indianapolis locations.
  • This recognition reinforces Textron Aviation’s commitment to high quality standards in the aviation industry.
  • View the full release here: https://www.businesswire.com/news/home/20231017748107/en/
    Photo of representatives from Textron Aviation Customer Support and FAA (left to right: Ken Mull, Textron Aviation; Bobby Warren, FAA; Joe Gonsalves, FAA; Brian Rohloff, Textron Aviation; Brandon Doramus, Textron Aviation) (Photo: Business Wire)
    Beechcraft, Cessna and Hawker customers receive factory-direct support , maintenance and modifications by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, through its global network of service and part centers, mobile service units and 24/7 1CALL AOG support.
  • “Our customers can have full confidence that Textron Aviation is leading the way in adoption of safety management systems in the general aviation industry,” said Brian Rohloff, senior vice president of Customer Support.

U.S. Army 4-Star General (Ret.) Michael X. Garrett Appointed to Nano Dimension’s Board of Directors

Retrieved on: 
Tuesday, October 17, 2023
Defense Superior Service Medal, Textron, Army, Commanding officer, NYSE, Retirement, United States Army Forces Command, American Battle Monuments Commission, Distinguishing, Cook County Board of Commissioners, Commander, Fayetteville State University, Organization, Ranger, Running, United States Army, United States Department of the Army, 75th Ranger Regiment, United States Army Alaska, United States Army Central, United States Joint Forces Command, Commissioner, First Command Financial Services, Army Forces Command (Germany), Ben Griffin (British Army soldier), Distinguished Service Medal (U.S. Army), General Garrett, Electronics, RET, Management, Gasoline, Paratrooper, Command

Waltham, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, today announced that 4-Star General (Ret.) Michael X. Garrett has been appointed as a member of its Board of Directors, effective as of October 15th, 2023. General Garrett is a retired United States Army four-star general with nearly 40 years of service, most recently serving as Commanding General, United States Army Forces Command (“FORSCOM”), the largest command in the U.S. Army, from March 2019 until his retirement in July 2022.

Key Points: 
  • Michael X. Garrett has been appointed as a member of its Board of Directors, effective as of October 15th, 2023.
  • General Garrett is a retired United States Army four-star general with nearly 40 years of service, most recently serving as Commanding General, United States Army Forces Command (“FORSCOM”), the largest command in the U.S. Army, from March 2019 until his retirement in July 2022.
  • General Garrett’s 38-year active military career culminated in three years commanding U.S. Army Forces Command and its 750,000 combat and support personnel across the United States, from 2019-2022.
  • Dr. Nissan-Cohen Chairman, and Yoav Stern, CEO issued a joint statement: “We are honored to add General Garrett to our Board.

Beechcraft King Air 360 reaches 100th delivery, continuing the legacy of the world’s most popular business turboprop

Retrieved on: 
Tuesday, October 17, 2023
Chemicals, Plastics, Other Defense, Aerospace, Energy, Manufacturing, Insurance, Finance, Oncology, Professional Services, General Health, Defense, Air, Transport, Other Energy, Health, Multimedia, Beechcraft King Air, Flight operations quality assurance, NYSE, Family, Global Sales Law Project, Contract research organization, UCLA, Aircraft, Cancer, Patient, Aviation, CBCC, Textron, Textron Aviation, Beechcraft, Airline, Hospital

Textron Aviation today announced the delivery of the 100th Beechcraft King Air 360 turboprop to Comprehensive Blood and Cancer Center (CBCC), a longtime Textron Aviation customer.

Key Points: 
  • Textron Aviation today announced the delivery of the 100th Beechcraft King Air 360 turboprop to Comprehensive Blood and Cancer Center (CBCC), a longtime Textron Aviation customer.
  • This delivery further solidifies the Beechcraft King Air's place as the world's most popular family of business turboprop aircraft.
  • View the full release here: https://www.businesswire.com/news/home/20231017966539/en/
    Textron Aviation Delivers the 100th King Air 360 (Photo: Business Wire)
    The Beechcraft King Air 360/360ER is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • “We are excited about the increased capability the King Air 360 will give us to globally expand our cancer care delivery and research.”
    Nearly 7,800 Beechcraft King Air turboprops have been delivered to customers around the world since 1964, making it the world’s best-selling business turboprop family.

Textron Aviation names flyExclusive fleet launch customer for newly-announced Citation CJ3 Gen2

Retrieved on: 
Monday, October 16, 2023
Other Defense, Professional Services, Alternative Energy, Energy, Defense, Chemicals, Plastics, Insurance, Air, Transport, Automotive Manufacturing, Finance, Aerospace, Manufacturing, Multimedia, Flight operations quality assurance, NYSE, Global Sales Law Project, Cessna, Citation, Aircraft, Travel, Henderson Executive Airport, Aviation, Cessna Citation Sovereign, Cessna Citation X, Textron, National Business Aviation Association, News, Henderson, Textron Aviation, NBAA, Cessna Citation family, Airline

Textron Aviation , a Textron Inc. (NYSE:TXT) company, today announced that flyExclusive has been named the fleet launch customer for the Cessna Citation CJ3 Gen2 .

Key Points: 
  • Textron Aviation , a Textron Inc. (NYSE:TXT) company, today announced that flyExclusive has been named the fleet launch customer for the Cessna Citation CJ3 Gen2 .
  • View the full release here: https://www.businesswire.com/news/home/20231016424092/en/
    Cessna Citation CJ3 Gen2 flyExclusive (Photo: Business Wire)
    "We are thrilled to announce flyExclusive as the fleet launch customer for the Citation CJ3 Gen2, the latest addition to the industry-leading Citation family,” said Lannie O’Bannion, senior vice president, Global Sales and Flight Operations.
  • flyExclusive operates a fleet of Cessna Citation jets including Citation X, Citation Sovereign, Citation Excel/ XLS, Citation CJ3 /CJ3+ and Citation Encore / Encore+ aircraft models.
  • “We take pride in being the fleet launch customer for the Citation CJ3 Gen 2, building on our decades-long relationship with Textron Aviation.

Textron Aviation Continues Investment in Bestselling Cessna Citation Business Jets With Introduction of New Cessna Citation CJ3 Gen2

Retrieved on: 
Monday, October 16, 2023
Transportation, Chemicals, Plastics, Automotive Manufacturing, Other Energy, Aerospace, Travel, Manufacturing, Finance, Energy, Professional Services, Air, Defense, Transport, Other Defense, Multimedia, Flight operations quality assurance, NYSE, Garmin G3000, Plant, SAF, Customer experience, Wind, Global Sales Law Project, Cessna, Mechanics, Citation, Aviation biofuel, Cessna CitationJet/M2, Aircraft, Electricity, Henderson Executive Airport, Water supply, Textron Aviation, Aviation, Environment, Textron, Coffee, National Business Aviation Association, Henderson, CJ3, Relaxation, Cessna Citation family, Ice, Beechcraft, Jet fuel, Airline, Baggage

Textron Aviation today announced the newest Cessna Citation business jet in the company’s legendary lineup — the Cessna Citation CJ3 Gen2.

Key Points: 
  • Textron Aviation today announced the newest Cessna Citation business jet in the company’s legendary lineup — the Cessna Citation CJ3 Gen2.
  • View the full release here: https://www.businesswire.com/news/home/20231015108812/en/
    Cessna Citation CJ3 Gen2 (Photo: Business Wire)
    The Cessna Citation CJ3 Gen2 is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • “The Cessna Citation CJ3 Gen2 is our most comprehensive Gen2 product announcement yet, offering customers proven performance, leading edge technology and an unmatched cabin experience,” said Ron Draper, President and CEO, Textron Aviation.
  • “We look forward to exceeding their expectations again with the new Cessna Citation CJ3 Gen2.”
    Like all Cessna and Beechcraft turbine products, the Citation CJ3 Gen2 will be able to operate using Sustainable Aviation Fuel (SAF).