Textron Airborne Solutions Launches; Focus on Growing Airborne Tactical Training Services

July 08, 2016

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today publicly launched the latest edition to its family of strong aviation and military brands, unveiling Textron Airborne Solutions for participation at the Royal International Air Tattoo and the Farnborough International Airshow.

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Textron Airborne Solutions Inc. (formerly known as Textron Advanced Aviation Training Inc.) is developing a live air training business that initially includes ATAC (Airborne Tactical Advantage Company) which was recently acquired by Textron. ATAC is focused on training military pilots, ship crews, and ground support forces in fighter tactics, carrier strike group defense and air-to-ground strike control. The business seeks to add additional training service offerings and businesses over the coming months.

With over 44,000 training flight hours and 20 years of experience, ATAC has pioneered much of what are now industry standards in the growing tactical airborne training services industry. “The tactical live air training market is vibrant and expanding, and the acquisition of ATAC gives us a tremendous platform from which to grow,” said Russ Bartlett, CEO of Textron Airborne Solutions. “U.S. and allied militaries are increasingly taking advantage of the significant cost and operational benefits that are derived from outsourcing airborne training services, and ATAC is the leading provider in that market,” he added.

The benefits of outsourcing tactical air services include reduction on wear and tear of existing combat aircraft, preservation of combat readiness, significant cost savings per flight hour over organic combat aircraft, and the enabling of military pilots to focus on operations training support functions.

About Textron Airborne Solutions

Textron Airborne Solutions focuses on live military air-to-air and air-to-ship training and support services. Within Textron Airborne Solutions is Airborne Tactical Advantage Company (ATAC), a business that provides tactical flight training and adversary aggressor services for U.S. Navy, Marine and Air Force pilots. ATAC comprises the world's largest outsourced civilian, tactical airborne training organization and proudly provides the highest quality live training to squadrons, Air Wings, and Battle Groups. ATAC is the only civilian organization approved to train the U.S. Navy's elite Fighter Weapons School, also known as "TOPGUN", and is the only civilian organization to train the USAF's F-22 Raptors. For more information visit: www.atacusa.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 Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Bad Boy Off Road, 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, the risk that appropriate additional service offerings and businesses are not identified and added by Textron Airborne Solutions.

Source: Textron

Textron Inc.

Investor Contacts:

Doug Wilburne, 401-457-2288


D’Ante Natili, 401-457-2288


Media Contact:

David Sylvestre, 401-457-2362

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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