Latest news with #TextronInc
Business Wire
4 days ago
- Automotive
- Business Wire
Textron Aviation Announces Additional Garmin Avionics Upgrade Option for Cessna Citation CJ1
WICHITA, Kan.--(BUSINESS WIRE)-- Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced customers can now upgrade their Cessna Citation CJ1 with the all-Garmin retrofit solution following Federal Aviation Administration (FAA) supplemental type certification (STC). Customers can have the upgrade installed at any of the company's global service network locations to add significant technological advances and new capabilities to their aircraft. The Garmin avionics upgrade — including the new, larger 12-inch G600 TXi flight display, TXi EIS, GTN™ 750Xi GPS/NAV/COMM and GFC™ 600 digital autopilot — is a cutting-edge solution for the CJ1 cockpit. The system offers situational awareness features such as Stabilized Approach monitoring and aural V-speed alerting during takeoff. Optionally, the upgrade can also include Garmin's GWX™ 8000 StormOptix™ weather radar, GDL® 60 datalink for the PlaneSync™ connected aircraft management system and more. 'At Textron Aviation, we're committed to enhancing customers' aircraft no matter where it is in its lifecycle, and offering the all-Garmin retrofit solution for the Cessna Citation CJ1 delivers on that commitment,' said Brian Rohloff, senior vice president, Customer Support. 'The upgrade enhances the in-flight experience, offering the latest technology available today to support pilots as missions and technology evolve.' The Cessna Citation CJ1 light jet holds up to eight occupants, has a range of 1,266 nm and received certification in 2000. Textron Aviation produced nearly 200 CJ1s until 2005. As the original equipment manufacturer of the aircraft, Textron Aviation can offer the OEM-certified upgrade of the Cessna Citation CJ1 avionics that maintains the system integrity as originally certified. Customers can have the upgrade installed at a Textron Aviation service center. About Textron Aviation Customer Support Textron Aviation, through its Beechcraft and Cessna brands, is renowned for its unrivaled global service network dedicated to complete life-cycle support. In addition to its expansive company-owned footprint, Textron Aviation's jet and turboprop customers have access to a global network of more than 300 authorized service facilities. Textron Aviation also offers a mobile support program featuring more than 40 mobile service units and on-site service technicians and support. Find additional information about Textron Aviation's service programs at About Textron Aviation We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit | | About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.
National Post
15-07-2025
- Automotive
- National Post
Cessna Grand Caravan EX to Feature New Executive Interior Options, Expanding Opportunities for Elevated Missions
Article content WICHITA, Kan. — The legendary Cessna Grand Caravan EX will now feature three new executive interior schemes for customers to select when designing their aircraft cabin. The Lunar, Obsidian and Saddle Sport interiors join the existing Canyon and Savanna schemes, providing a broader range of standard choices. The new interior options are available to customers starting this month and allow them to further tailor the interior of their aircraft based on their personal preference or mission. Article content The Cessna Grand Caravan EX is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company. Article content Premium versions of each of the new interiors are also available, featuring quilted seat stitching and plush carpet, providing an elevated aesthetic to the cabin. Article content 'The Cessna Caravan family continues to prove its excellence as one of the most versatile aircraft in the industry,' said Lannie O'Bannion, senior vice president, Sales & Marketing. 'Drawing from direct conversations with customers, these cabin enhancements are designed to elevate comfort and provide a more enjoyable cabin experience.' Article content In addition to the enhanced flight deck announced last year for the Cessna Caravan and Grand Caravan EX, both aircraft will now include eight USB-C chargers on the cabin sidewall as standard features. Each charger includes two ports, providing a total of 16 charging points to keep passengers powered and connected in flight. Celebrating 40 years of adventures Article content The introduction of the new interiors aligns with the company's celebration of the 40th anniversary of the Cessna Caravan single-engine utility turboprop. Aviation enthusiasts can view the new Lunar Premium interior cabin along with the added cabin USB-C plugs in the 40 th anniversary Cessna Grand Caravan EX demonstrator aircraft which will be at the company's static display (Booth #78) at EAA AirVenture in Oshkosh, Wisconsin, from July 21 to 27. This aircraft features a special paint scheme celebrating its 40 th year of flight. Article content About the Cessna Caravan family of aircraft Article content The Cessna Caravan and Grand Caravan EX cockpits currently feature Garmin's G1000 NXi avionics with the latest technology and connectivity. Article content The Cessna Caravan family of aircraft are versatile, highly practical aircraft used for a wide range of global missions, providing dependable service around the world for four decades. More than 3,100 Cessna Caravan aircraft have been delivered into more than 100 countries since the aircraft was introduced. With over 25 million flight hours amassed worldwide, Caravans fulfill roles for a multitude of missions, ranging from flight training to recreation, commuter airlines to VIP transport, cargo carriers and humanitarian missions. The Grand Caravan EX aircraft is known for its dependable and efficient performance by regional airlines, charter operators, cargo carriers and special missions operators worldwide. The aircraft offers an impressive output of 867 horsepower and a rate of climb of 1,275 feet per minute. Article content We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit | | Article content About Textron Inc. Article content Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: Article content Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Heaven Cedeno Article content Article content Article content Article content
Business Wire
15-07-2025
- Automotive
- Business Wire
Cessna Grand Caravan EX to Feature New Executive Interior Options, Expanding Opportunities for Elevated Missions
WICHITA, Kan.--(BUSINESS WIRE)--The legendary Cessna Grand Caravan EX will now feature three new executive interior schemes for customers to select when designing their aircraft cabin. The Lunar, Obsidian and Saddle Sport interiors join the existing Canyon and Savanna schemes, providing a broader range of standard choices. The new interior options are available to customers starting this month and allow them to further tailor the interior of their aircraft based on their personal preference or mission. The Cessna Grand Caravan EX is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company. Premium versions of each of the new interiors are also available, featuring quilted seat stitching and plush carpet, providing an elevated aesthetic to the cabin. 'The Cessna Caravan family continues to prove its excellence as one of the most versatile aircraft in the industry,' said Lannie O'Bannion, senior vice president, Sales & Marketing. 'Drawing from direct conversations with customers, these cabin enhancements are designed to elevate comfort and provide a more enjoyable cabin experience.' In addition to the enhanced flight deck announced last year for the Cessna Caravan and Grand Caravan EX, both aircraft will now include eight USB-C chargers on the cabin sidewall as standard features. Each charger includes two ports, providing a total of 16 charging points to keep passengers powered and connected in flight. Celebrating 40 years of adventures The introduction of the new interiors aligns with the company's celebration of the 40th anniversary of the Cessna Caravan single-engine utility turboprop. Aviation enthusiasts can view the new Lunar Premium interior cabin along with the added cabin USB-C plugs in the 40 th anniversary Cessna Grand Caravan EX demonstrator aircraft which will be at the company's static display (Booth #78) at EAA AirVenture in Oshkosh, Wisconsin, from July 21 to 27. This aircraft features a special paint scheme celebrating its 40 th year of flight. About the Cessna Caravan family of aircraft The Cessna Caravan and Grand Caravan EX cockpits currently feature Garmin's G1000 NXi avionics with the latest technology and connectivity. The Cessna Caravan family of aircraft are versatile, highly practical aircraft used for a wide range of global missions, providing dependable service around the world for four decades. More than 3,100 Cessna Caravan aircraft have been delivered into more than 100 countries since the aircraft was introduced. With over 25 million flight hours amassed worldwide, Caravans fulfill roles for a multitude of missions, ranging from flight training to recreation, commuter airlines to VIP transport, cargo carriers and humanitarian missions. The Grand Caravan EX aircraft is known for its dependable and efficient performance by regional airlines, charter operators, cargo carriers and special missions operators worldwide. The aircraft offers an impressive output of 867 horsepower and a rate of climb of 1,275 feet per minute. Learn more about the Cessna Caravan at About Textron Aviation We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit | | About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.
Business Wire
08-07-2025
- Business
- Business Wire
Connectivity as Versatile as the Aircraft, Starlink High-Speed Internet Now Available for Cessna Caravan
WICHITA, Kan.--(BUSINESS WIRE)-- Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced an additional high-speed internet connectivity solution for the Cessna Citation Caravan following the Federal Aviation Administration's (FAA) issuance of AeroMech's Supplemental Type Certificate (STC) for Starlink high-speed internet connectivity. AeroMech's STC utilizes Starlink's constellation of Low Earth Orbit (LEO) satellites to provide more reliable connectivity over land, water and remote areas, where traditional in-flight Wi-Fi may not have service. 'The Cessna Caravan is so versatile, it can go almost anywhere, and Textron Aviation understands the importance of providing a connectivity solution in more of the places our customers want to go," said Brian Rohloff, senior vice president, Customer Support. "The Caravan recently celebrated its 40th anniversary and offering Starlink high-speed connectivity upgrade continues to provide customers with the latest technology, no matter where the aircraft is in its lifecycle.' Customers can schedule the upgrade for installation at North American Textron Aviation Service Centers and select International Service Centers. AeroMech's STC utilizes a Starlink Aviation Kit, consisting of an Aero Terminal (Antenna), Power Supply Unit (PSU), two Wireless Access Points (WAPs), harnessing and only requires power input from the aircraft. Learn more about the upgrade here. About Textron Aviation service Textron Aviation, through its Beechcraft and Cessna brands, is renowned for its unrivaled global service network dedicated to complete life-cycle support. In addition to its expansive company-owned footprint, Textron Aviation's jet and turboprop customers have access to a global network of more than 300 authorized service facilities. Textron Aviation also offers a mobile support program featuring more than 40 mobile service units and on-site service technicians and support. Find additional information about Textron Aviation's service programs at About Textron Aviation We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit | | About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: About Starlink Starlink delivers high-speed, low-latency internet to users all over the world. As the world's first and largest satellite constellation using a low Earth orbit, Starlink delivers broadband internet capable of supporting streaming, online gaming, video calls and more. Starlink is engineered and operated by SpaceX. As the world's leading provider of launch services, SpaceX is leveraging its deep experience with both spacecraft and on-orbit operations to deploy the world's most advanced broadband internet system. Learn more at Follow Starlink on X Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.
Yahoo
07-07-2025
- Business
- Yahoo
Textron Inc (TXT): A Bull Case Theory
We came across a bullish thesis on Shailesh Kumar, MBA's Substack. In this article, we will summarize the bulls' thesis on TXT. Textron Inc's share was trading at $76.61 as of 18th June. TXT's trailing and forward P/E were 17.25 and 12.38 respectively according to Yahoo Finance. Photo by NASA on Unsplash Textron Inc. (TXT) is a diversified industrial conglomerate operating across multiple sectors, primarily aerospace and defense. The company's aviation division, Textron Aviation, is known for manufacturing and servicing Cessna and Beechcraft aircraft, catering to both private and commercial markets. Bell, another core segment, produces helicopters and tilt-rotor aircraft for commercial use and the military, establishing Textron as a key player in vertical lift technologies. Textron Systems further strengthens the company's defense profile with its production of uncrewed aircraft, armored vehicles, and simulation and training solutions for military and commercial clients. In addition to its aerospace and defense presence, Textron Industrial houses Kautex, a leading manufacturer of plastic fuel systems for internal combustion and hybrid vehicles, along with other subsidiaries that produce specialized vehicles such as golf carts and ATVs. This diversified structure allows Textron to capture revenue from a broad range of industries, providing some insulation from cyclical fluctuations in any single market. While the current geopolitical environment, marked by increased global defense spending, could act as a tailwind for Textron's military-focused businesses, especially Bell and Textron Systems, the stock does not appear to be attractively valued at present. Despite having exposure to several high-growth and strategically important areas, including defense technologies and business aviation, the valuation premium limits the immediate upside potential. As a result, while Textron's long-term positioning may be strong, the current entry point does not offer a compelling risk/reward balance, making it a pass for now despite the favorable macro backdrop. Previously we covered a on Huntington Ingalls Industries, Inc. (HII) by Student of Value in April 2025, which highlighted the company's dominant role in U.S. naval shipbuilding, its expanding Mission Technologies segment, and long-term growth potential tied to unmanned underwater vehicles. The company's stock price has depreciated approximately by 25% since our coverage. This is because fixed-price contracts and labor issues impacted margins and cash flow visibility. The thesis still stands as management's margin recovery plans, $48 billion backlog, and strategic positioning in emerging naval technologies offer long-term upside. Shailesh Kumar, MBA shares a similar view on the defense sector but emphasizes Textron's diversified exposure across aviation and defense rather than a concentrated naval focus. Inc. is on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 328 hedge fund portfolios held AMZN at the end of the first quarter, which was 339 in the previous quarter. While we acknowledge the risk and potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
