Airborne Tactical Advantage Company (ATAC) to Deliver $240 Million in Contracted Air Services to the U.S. Air Force

July 27, 2020

Newport News, VA — July 27, 2020 — Airborne Tactical Advantage Company (ATAC), part of the Textron Systems segment of Textron Inc (NYSE: TXT), announced today that it has been selected to provide two U.S. Air Force bases with adversary air live training under the Combat Air Forces (CAF) Contracted Air Support (CAS) program.

Under the awards, worth up to a combined $240 million, ATAC will provide adversary air live training to pilots at Luke Air Force Base, Arizona, and Holloman Air Force Base, New Mexico.  The combined awards provide for over 3,000 sorties per year for up to 4.5 years, which will be provided by ATAC's fleet of Mirage F1 fighter aircraft and are expected to commence by Fall 2020.

The awards are part of an initial round of 5 operating locations the Air Force has selected under the CAF CAS program, with the Air Force stating its intention to  contract for such services at up to 22 operating locations: 12 for adversary air and 10 for contracted close air support.

"ATAC is thrilled to have been selected to provide adversary training at Luke and Holloman AFBs, enabling us to continue our excellence in providing training to US and allied pilots,” said Scott Stacy, ATAC General Manager.  “With additional ATAC F1s and pilots coming online, we are well positioned to expand our flight operations and provide adversary training at additional bases and locations, as needed."

ATAC is the global leader of tactical airborne training, having pioneered much of what are now contracted air services industry standards with a fleet of over 90 aircraft, over 60,000 flight hours, and 20 years of operating experience.  ATAC has provided a wide range of contracted air support capabilities to the U.S. Department of Defense in locations world-wide, including the Continental United States, Hawaii and the Western Pacific region.  ATAC has helped train crews from the U.S. Navy, U.S. Air Force and U.S. Marine Corps and regularly operates out of as many as 25 different air bases per year.

About Airborne Tactical Advantage Company (ATAC)
ATAC provides tactical flight training and adversary aggressor services for the U.S. Navy, Marine Corps and Air Force, including live military air-to-air, air-to-ship, and air-to-ground training and support services. ATAC comprises the world's leading civilian-provided, tactical airborne training organization and proudly provides the highest quality live training to squadrons, Air Wings, and Battle Groups. For more information visit: www.atacusa.com.

About Textron Systems
Textron Systems is a world leader in unmanned air, surface and land products, services and support for aerospace and defense customers.  Harnessing agility and a broad base of expertise, Textron Systems’ innovative businesses design, manufacture, field and support comprehensive solutions that expand customer capabilities and deliver value.  For more information, visit www.textronsystems.com

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, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Artic Cat, Textron Systems, and TRU Simulation + Training. For more information visit: www.textron.com.

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, including, but not limited to, changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; and risks related to multi-award contracts.

Contact
John Rupp, ATAC
Tel (757) 298-8467
Jrupp@atacusa.com

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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