Textron Stock Price, News & Analysis

Textron Aviation's Cessna SkyCourier Combi configuration has received certification from Brazil's National Civil Aviation Agency (ANAC), with Cleiton Táxi Aéreo (CTA) becoming the first South American operator. CTA has ordered two SkyCourier aircraft, with the first already delivered and the second expected in 2026. The aircraft features a versatile design that can be converted between a 19-passenger, 9-passenger with cargo (Combi), or full freighter configuration. The delivered unit includes a gravel kit for unpaved runway operations. CTA, which began operations with a Cessna 210 Centurion in 1995, has a history of operating various Textron aircraft for charter services in the Amazon region. The SkyCourier, which celebrated its fifth anniversary since first flight in 2020, has been in service since 2022 and has achieved notable milestones including first deliveries to Canada and orders from the Marshall Islands.

Textron Aviation has expanded its Flight Data Monitoring (FDM) service options for Cessna Citation business jets and Cessna SkyCourier aircraft equipped with Aircraft Recording System (AReS). Through the LinxUs data reporting ecosystem, customers can now use GE Aerospace's C-FOQA service as their fourth provider option, alongside Acron Aviation, ForeFlight, and Safran Electronics & Defense. The LinxUs FDM Program enables wireless data transfer without additional equipment, providing real-time monitoring of aircraft systems and proactive identification of operational optimization opportunities. The system's fault isolation capabilities allow for immediate response to in-flight events by pre-positioning necessary service resources.

Textron Aviation has announced the first delivery of its Cessna Citation Longitude super-midsize business jet to a customer in Costa Rica, marking its debut in Central America. The long-time Citation customer plans to utilize the aircraft for both business and personal purposes.

The Citation Longitude, designated as the flagship of the Citation family, is designed to excel in pilot experience, passenger comfort, and overall performance. The aircraft's extended range and speed capabilities enable convenient long-distance travel. Currently, there are over 100 Cessna turbine aircraft in Central America, including more than 30 Cessna Citation business jets.

Textron Aviation has secured a significant fleet order from Aerolíneas Ejecutivas (ALE), Mexico's leading business aviation company, for up to 12 Cessna Citation business jets. The order includes a mix of Citation Latitude, Citation CJ3 Gen2, and Citation CJ3 Gen3 aircraft, with initial deliveries of four aircraft (two Citation Latitudes and two Citation CJ3 Gen2) scheduled for 2026.

The aircraft will be operated under ALE's fractional ownership division, MexJet, which pioneered Mexico's first pre-paid flight hour program. ALE, a longtime Citation operator, currently maintains Citation Latitude and Citation CJ3+ aircraft in its fleet.

Textron Aviation (NYSE: TXT) has opened its second Plane Healthy Wellness Center & Pharmacy at its east headquarters in Wichita, Kansas. The facility will serve over 9,500 employees and their dependents, offering affordable and comprehensive healthcare services. The first wellness center, opened in 2022 at the west Wichita campus, has demonstrated significant success with over 19,000 visits and 32,000 prescriptions filled last year, achieving a Net Promoter Score of 90.

The new center, operated by Premise Health, provides primary care, urgent care, pharmacy with drive-through access, physical therapy, radiology, mental health services, wellness coaching, and condition management. Virtual appointments are also available during business hours at the same cost as in-person visits.

[ "Expansion of healthcare services demonstrates investment in employee welfare", "High utilization of first wellness center with 19,000+ visits and 32,000+ prescriptions in 2022", "Exceptional Net Promoter Score of 90, significantly above industry average of 58", "Potential for reduced healthcare costs for the company through on-site services" ]

Textron Aviation celebrates the 5-year anniversary of the first flight of the Cessna SkyCourier, a twin-engine utility turboprop aircraft. Since its maiden flight on May 17, 2020, the SkyCourier has proven its versatility in air freight, passenger transport, humanitarian missions, and special operations worldwide. To support growing operations, Textron is expanding its production flight test hangar in Wichita, Kansas by 52,000 square feet, adding six new hangar bays. The aircraft has achieved significant milestones including FAA type certification in March 2022 and subsequent certifications across multiple countries. Notable features include optional gravel and combi conversion kits, enabling operations on unimproved runways and simultaneous passenger-cargo transport.

Textron Aviation achieved a significant milestone in the Cessna Citation CJ4 Gen3 flight test program with the successful first flight of its second test aircraft (P1). The 3-hour and 29-minute flight reached a maximum altitude of 45,000 feet and speed of 305 knots, focusing on avionics, human factors, and interiors testing.

The CJ4 Gen3 business jet, announced at NBAA-BACE 2024, features next-generation Garmin G3000 PRIME avionics and boasts the most standard features in its class. Following the prototype's first flight in 2024, this second test article advances the program toward its planned 2026 service entry.

V2X Inc. (NYSE: VVX) has announced a strategic collaboration with Bell Textron Inc. for the U.S. Army's Flight School Next program. The initiative, based at Fort Novosel, Alabama, aims to modernize rotary-wing training for Army aviators. V2X will partner with Bell, DigiFlight, Delaware Resource Group, and TRU Simulation to provide maintenance and readiness support for the Bell 505 helicopter training program.

The Bell 505, a five-seat training aircraft equipped with modern avionics and flight technologies, will be used to train Army aviators in complex and demanding environments. This collaboration represents a significant step in enhancing Army aviation readiness and modernizing military flight training capabilities.

Textron Aviation (NYSE: TXT) has delivered a new Beechcraft King Air 360C aircraft to enhance Greece's air ambulance services. The aircraft will operate from Elefsis Airbase, joining two existing Beechcraft King Air 350C turboprops in the fleet. The air ambulance conversion was completed by Fargo Jet Center at Hector International Airport, featuring advanced medical systems and a custom interior developed in collaboration with Spectrum Aeromed.

The King Air 360C is specifically designed to provide emergency medical care and patient transport from remote areas to central locations in Greece and Europe. The aircraft is equipped with state-of-the-art medical equipment and is optimized for diverse operational environments.