May 23, 2016

Textron Aviation reveals superior SETP performance and cabin details

GENEVA (May 23, 2016) –Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today revealed further program details around the development of its highly anticipated single engine turboprop aircraft (SETP), including unmatched performance specification targets, a superior passenger experience and the program’s timeline. The company also announced at the European Business Aviation Convention and Exhibition (EBACE) that letters of intent for the high performance, clean sheet SETP are being accepted.

The SETP will be designed to have cruise speeds of up to 285 knots and full fuel payload of 1,100 pounds. With a planned range of 1,600 nautical miles at high speed cruise with one pilot and four passengers, the aircraft will be able to fly from Los Angeles to Chicago, New York to Miami, London to Moscow or Geneva to Istanbul. It will feature the widest and most comfortable cabin in its segment while offering best-in-class operating costs. The program is targeting first flight in 2018.

“Developed with the pilot and passenger at the forefront, we have designed this airplane to be the clear winner in this segment, from class-leading performance and ownership costs, to superior cabin comfort and versatility,” Scott Ernest, president and CEO, Textron Aviation. “We have been intentional with every detail throughout the aircraft, resulting in an exceptional airplane that is sure to impress owners, pilots and passengers alike.”

Outperforming the single engine turboprop market

The SETP will incorporate technology specifically designed to reduce pilot workload. The aircraft’s flight deck will be powered by Garmin’s G3000 intuitive touchscreen avionics suite and will include high-resolution multifunction displays and split-screen capability. The G3000 avionics suite planned for the SETP includes weather radar, advanced Terrain Awareness Warning Systems (TAWS), and automatic dependent surveillance-broadcast (ADS-B) capabilities, which will make it compliant with a significant aspect of future Next Generation (NextGen) air traffic control requirements.

Announced at NBAA 2015, the SETP will be powered by GE’s new advanced turboprop engine. The FADEC-equipped, 1,240 shaft horse power (SHP)-rated turboprop engine will ease pilot workload with its single-lever power and propeller control. The engine will provide an initial 4,000 hour time between overhaul and offer class-leading performance retention for an outstanding hot/high capability. The airplane will be equipped with McCauley’s new 105-inch diameter composite, 5-blade, constant speed propeller, which is full feathering with reversible pitch and ice protection.

Leading the passenger experience

The SETP’s flat floor cabin is designed to be the largest in its segment and will offer the versatility to easily convert between passenger and cargo configurations. The aircraft will feature a class-leading 53-inch wide aft cargo door, perfect for loading large cargo and ideal for use in many special mission applications.

Along with room for one pilot, the SETP will seat up to eight passengers, and will boast a digital pressurization system maintaining a 6,130 foot cabin altitude at a service ceiling of 31,000 feet. The aircraft will feature six individual reclining seats and an optional belted lavatory seat with pocket door enclosure located in the back of the cabin, as well as large cabin windows, interior LED lighting, a forward refreshment cabinet and an in-flight accessible baggage compartment within the pressurized cabin.

“We are actively investing in new products and remain focused on bringing smart innovation to market that drives our customers’ businesses and missions forward. The SETP is a testament to that approach,” said Ernest. “This aircraft will be a perfect complement to our existing Cessna and Beechcraft product lineup and will give our customers the opportunity to move seamlessly through our family of aircraft, regardless of their mission.”

The company has developed a cabin prototype, which it is showcasing to customers at its headquarters in Wichita, Kansas, and plans to display at this summer’s EAA AirVenture Oshkosh.

Images:

SETP exterior

SETP interior

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About Textron Aviation Inc.
Textron Aviation Inc. is the leading general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation companies include Cessna Aircraft Company and Beechcraft Corporation, bringing together decades of unmatched experience in designing, building and supporting airplanes. It provides the most versatile and comprehensive general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft, and a complete global customer service organization. Its broad range of products include such best-selling aircraft as Citation and Hawker business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s most capable global service network. For more information, visit txtav.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, Textron Systems, and TRU Simulation + Training. For more information visit: www.textron.com.

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, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers;  changes in government regulations or policies on the export and import of commercial products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; risks related to our international business, including relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries; difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and demand softness or volatility in the markets in which we do business.

 

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