Textron Aviation

Textron Aviation Brings Peace-of-Mind Technology to the Beechcraft Denali Cockpit

Retrieved on: 
Monday, May 8, 2023
General Automotive, Chemicals, Plastics, Automotive Manufacturing, Other Energy, Insurance, Aerospace, Manufacturing, Automotive, Energy, Professional Services, Air, Defense, Transport, Contracts, Beechcraft Denali, G3000, Autoland, Multimedia, Aircraft, Certification, Textron Aviation, Textron, ATC, Flight operations quality assurance, NYSE, Catalysis, Airline, Jet fuel, Engineering

With customer input at the forefront of its product investments, Textron Aviation today announced it is bringing the revolutionary Garmin Emergency Autoland system to its new clean-sheet design Beechcraft Denali single-engine turboprop.

Key Points: 
  • With customer input at the forefront of its product investments, Textron Aviation today announced it is bringing the revolutionary Garmin Emergency Autoland system to its new clean-sheet design Beechcraft Denali single-engine turboprop.
  • View the full release here: https://www.businesswire.com/news/home/20230508005455/en/
    The Beechcraft Denali single-engine turboprop (Photo: Business Wire)
    The Beechcraft Denali aircraft is designed and will be manufactured by Textron Aviation Inc. , a Textron Inc. (NYSE:TXT) company.
  • The Garmin Emergency Autoland system is the world’s first certified system of its kind.
  • A passenger can activate the Emergency Autoland system by pressing a dedicated button in the cockpit.

Textron Reports First Quarter 2023 Results

Retrieved on: 
Thursday, April 27, 2023
Other Professional Services, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Finance, Other Transport, Professional Services, Air, Defense, Transport, Other Defense, Contracts, Other Manufacturing, Bell, FLRAA, Inc., System, Aviation, GAAP, Research, Shumerlya Special Vehicles Plant, Textron Aviation, H-1, Specialization, Access code, Webcast, NYSE, Video game, Arms industry, Internet service provider, Textron

Textron Inc. (NYSE: TXT) today reported first quarter 2023 net income of $0.92 per share, as compared to $0.88 per share in the first quarter of 2022.

Key Points: 
  • Textron Inc. (NYSE: TXT) today reported first quarter 2023 net income of $0.92 per share, as compared to $0.88 per share in the first quarter of 2022.
  • “In the quarter, we saw revenue growth at Aviation, Industrial and Systems,” said Textron Chairman and CEO Scott C. Donnelly.
  • Textron Aviation delivered 35 jets in the quarter, down from 39 last year, and 34 commercial turboprops, up from 31 in last year's first quarter.
  • Textron will host its conference call today, April 27, 2023 at 8:00 a.m. (Eastern) to discuss its results and outlook.

Textron Aviation celebrates milestone 400th delivery for Cessna Citation CJ4 Gen2

Retrieved on: 
Tuesday, April 25, 2023
Other Defense, Chemicals, Plastics, Contracts, Other Professional Services, Aerospace, Energy, Manufacturing, Insurance, Finance, Professional Services, Defense, Air, Military, Transport, Other Manufacturing, Other Energy, CJ4, Aviation, Citation, Cessna Citation family, Cessna CitationJet/M2, Multimedia, Textron Aviation, Textron, Flight operations quality assurance, Cessna, NYSE, Economics, Global Sales Law Project, Aircraft, Airline

Textron Aviation today announced the delivery of its 400th Citation CJ4 series aircraft to Koch Holdings of Easton, Pennsylvania.

Key Points: 
  • Textron Aviation today announced the delivery of its 400th Citation CJ4 series aircraft to Koch Holdings of Easton, Pennsylvania.
  • This milestone delivery for the Cessna Citation CJ4 series reinforces the Citation family as the world’s most popular line of business jets and demonstrates the company’s commitment to continued innovation for customers as exemplified in the latest Citation CJ4 Gen2 aircraft.
  • (Photo: Business Wire)
    Cessna Citation jets are designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • Thank you to everyone who made this milestone possible.”
    Textron Aviation employees and representatives from Koch Holdings celebrated this significant milestone with a special delivery ceremony at Textron Aviation headquarters in Wichita.

Global Top 5 Business Jet OEMs Comparative SWOT & Strategy Focus to 2027: Rising Demand for Private Travel Since the Pandemic Fuels the Sector - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 25, 2023
Other Travel, Air, Transportation, Transport, Travel, Textron, Fed, Pipistrel, Business jet, Original equipment manufacturer, Aviation, Business, Bombardier Global 7500, Dassault Aviation, Textron Aviation, Acquisition, SVB, UBS, Juxtaposition, Comparative, Recession, Embraer, Airline, Renewable energy, Bombardier

The "Comparative SWOT & Strategy Focus - 2023-2027 - Global Top 5 Business Jet OEMs - Gulfstream, Bombardier, Dassault Aviation, Textron Aviation, Embraer" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Comparative SWOT & Strategy Focus - 2023-2027 - Global Top 5 Business Jet OEMs - Gulfstream, Bombardier, Dassault Aviation, Textron Aviation, Embraer" report has been added to ResearchAndMarkets.com's offering.
  • The same could have a significant bearing on the industry over near term given that business aviation is strongly correlated with macroeconomic swings and corporate profits.
  • Bombardier's release of environmental product declaration on its latest Global 7500 and Challenger 3500 business jets outlining the quantified environmental impact of its jets through various phases of their lifecycle is a testimony to the significance of the seriousness of the sustainability challenges being faced by business aviation.
  • The report provides detailed analysis on the OEMs, including, comprehensive analysis of business portfolio and strategic market positioning, overall strategy focus, key strategies & plans for medium term, financial analysis and a detailed Comparative SWOT analysis against the backdrop of a complex & challenging macroeconomic environment, emerging rapid shifts in the geopolitical dynamics and technological leapfrogging.

Global Top 5 Business Jet OEMs Market Report 2023: Featuring Gulfstream Aerospace, Bombardier, Dassault Aviation, Textron Aviation and Embraer - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 19, 2023
Air, Transport, Aerospace, Manufacturing, Textron, Fed, Pipistrel, Business jet, Original equipment manufacturer, Aviation, Business, ISR, Bombardier Global 7500, Dassault Aviation, Textron Aviation, SWOT, Acquisition, SVB, UBS, Recession, Embraer, Airline, Renewable energy, Bombardier

The "Global Top 5 Business Jet OEMs - Annual Strategy Dossier - 2023 - Key Strategies, Plans, SWOT, Trends & Growth Avenues and Market Outlook - Gulfstream, Bombardier, Dassault Aviation, Textron Aviation, Embraer" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Top 5 Business Jet OEMs - Annual Strategy Dossier - 2023 - Key Strategies, Plans, SWOT, Trends & Growth Avenues and Market Outlook - Gulfstream, Bombardier, Dassault Aviation, Textron Aviation, Embraer" company profile has been added to ResearchAndMarkets.com's offering.
  • The Global Business Jet Market is juxtaposed between a contrasting demand & supply side scenarios with the demand side on a clear surge marked by robust order intake, huge order backlogs and strong book-to-bill ratios, even almost 2:1 in many cases.
  • The same could have a significant bearing on the industry over near term given that business aviation is strongly correlated with macroeconomic swings and corporate profits.
  • The report also projects market evolution for the Global Business Jet market over medium term with analysis of emerging market scenario, demand dynamics, key market & technology trends, issues & challenges, key growth domains and potential growth opportunities

IS&S receives Production Order for its GPS Unit from Boeing for the T-7A Red Hawk Trainer

Retrieved on: 
Monday, April 3, 2023
Aerospace, Technology, Manufacturing, Satellite, Software, Military, Government Technology, Other Defense, Defense, Contracts, Hardware, Aircraft, Communication, GPS, ISSC, Boeing, T-7A, Pilatus Aircraft, No. 1 Remote Sensor Unit RAAF, FAA, IS, Textron Aviation, Jet trainer, Global Positioning System, WAAS, LPV, OEM, SBAS, PVT, RAIM, NYSE, BA, Satellite navigation device, Naval Aviation Warfighting Development Center

Innovative Solutions & Support (IS&S) (NASDAQ: ISSC) received a production order from The Boeing Company (NYSE: BA) to provide its Global Positioning System (GPS) Sensor Units for the Boeing T-7A Red Hawk trainer.

Key Points: 
  • Innovative Solutions & Support (IS&S) (NASDAQ: ISSC) received a production order from The Boeing Company (NYSE: BA) to provide its Global Positioning System (GPS) Sensor Units for the Boeing T-7A Red Hawk trainer.
  • Deliveries will begin in July 2023 with additional options for continuous deliveries throughout the life of the current U.S. Air Force Program.
  • IS&S is proud to serve a broad array of aerospace customers with increasingly sophisticated and technically advanced products such as our GPS Sensor Unit.
  • The Boeing T-7A Red Hawk is an all-new advanced pilot training system that will train the next generation of fighter and bomber pilots for decades to come.

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

Retrieved on: 
Thursday, February 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.

Textron Aviation Adds to Growing List of Options for Cessna SkyCourier With Introduction of New Gravel Kit

Retrieved on: 
Tuesday, February 7, 2023
Air, Transport, Aerospace, Manufacturing, FAA, Cessna 408 SkyCourier, Aviation, Textron, Federal Aviation Administration, Certification, Cessna, Organization, Multimedia, NYSE, Government, Law enforcement, Aircraft, Textron Aviation, Airline

Textron Aviation today announced it is now offering a gravel kit for its new twin-engine, large-utility Cessna SkyCourier turboprop that gives customers the flexibility to operate their aircraft in and out of unimproved runways around the world.

Key Points: 
  • Textron Aviation today announced it is now offering a gravel kit for its new twin-engine, large-utility Cessna SkyCourier turboprop that gives customers the flexibility to operate their aircraft in and out of unimproved runways around the world.
  • First deliveries of the SkyCourier with the installed option will commence later this month.
  • View the full release here: https://www.businesswire.com/news/home/20230207006012/en/
    The Cessna SkyCourier is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company.
  • The clean-sheet design aircraft achieved Federal Aviation Administration (FAA) type certification in March 2022 with first deliveries following just two months later.

Textron Reports Fourth Quarter 2022 Results; Announces 2023 Financial Outlook

Retrieved on: 
Wednesday, January 25, 2023
Contracts, Finance, Air, Transport, Chemicals, Plastics, Automotive Manufacturing, Professional Services, Aerospace, Manufacturing, Defense, Aircraft, Shumerlya Special Vehicles Plant, Textron, Investment, Specialization, Citation, Industrial, NYSE, Future Long-Range Assault Aircraft, Bell, H-1, GAAP, Webcast, Textron Aviation, System, Aviation, Research, Access code, Donnelly (surname), Growth, Inc., U.S. Army Corps of Engineers, Europe District, Video game, Airline, Pharmaceutical industry, Arms industry

For 2023, Textron will begin reporting earnings per share on an adjusted basis to exclude LIFO inventory provision and intangible amortization expense, both non-cash items, effective with the first quarter 2023 financial results.

Key Points: 
  • For 2023, Textron will begin reporting earnings per share on an adjusted basis to exclude LIFO inventory provision and intangible amortization expense, both non-cash items, effective with the first quarter 2023 financial results.
  • Revenues at Textron Systems were $314 million, compared to $313 million in last year's fourth quarter.
  • Finance segment revenues were $11 million, and profit was $5 million in the fourth quarter of 2022.
  • Textron will host its conference call today, January 25, 2023 at 8:00 a.m. (Eastern) to discuss its results and outlook.

Global Top 5 Business Jet Manufacturers Report 2022-2023 Featuring Gulfstream, Bombardier, Dassault, Textron Aviation, and Embraer - Key Issues, Challenges, Risks & Strategic Outlook to 2032

Retrieved on: 
Saturday, January 21, 2023
Internal, Assessment, Utility, Textron Aviation, Harness, SFAS, External, Nature, Responsiveness, Business jet, EFAS, Embraer, SWOT, Cyclically adjusted price-to-earnings ratio, Strategic planning, Marketing, Risk management, Management, Retail, Bombardier, Dassault Group

DUBLIN, Jan. 21, 2023 /PRNewswire/ -- The "Strategic Factor Analysis Summary (SFAS) Framework Analysis - 2022-2023 - Global Top 5 Business Jet Manufacturers - Gulfstream, Bombardier, Dassault, Textron Aviation, Embraer" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 21, 2023 /PRNewswire/ -- The "Strategic Factor Analysis Summary (SFAS) Framework Analysis - 2022-2023 - Global Top 5 Business Jet Manufacturers - Gulfstream, Bombardier, Dassault, Textron Aviation, Embraer" report has been added to ResearchAndMarkets.com's offering.
  • The report provides a holistic SFAS framework analysis, developed by Wheelen & Hunger, on each of the Global Top 5 Business Jet manufacturers based on an analysis of each company's strategic positioning and its degree of responsiveness to its internal & external environment respectively.
  • The objective of the analysis is to assess as to how favorably is each company positioned and how responsive it is to the nature, degree & pace of changes taking place within its internal and external environment respectively.
  • These strategic factors are then ranked based on the strategic significance & potential degree of impact along-with each respective company's corresponding degree of responsiveness to these factors.