February 21, 2017

Textron Aviation announces multi-year agreement with University of Dubuque

WICHITA, Kan. (Feb. 21, 2017) – Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced it has signed a multi-year agreement with the University of Dubuque, establishing the university’s commitment to purchase new flight training aircraft solely from Textron Aviation through 2026 to modernize its fleet. As part of the new agreement, Textron Aviation will provide product support, parts and training for the university’s new Cessna Skyhawk 172 aircraft, which will be equipped with the next-generation Garmin G1000 NXi integrated flight deck.

To launch the new relationship, the university has placed an initial order of 11 Skyhawk aircraft and will begin taking delivery in the third quarter.

“As we continue to strengthen our relationships with leading aviation programs, University of Dubuque will play a key role in bringing state-of-the art technology to future aviators,” said Doug May, vice president of Piston Aircraft. “We are thrilled that the university has chosen the world’s leading flight trainer to modernize its fleet and we are excited to work together to advance the future of general aviation.”

University of Dubuque’s Aviation Department provides students with a modernized training experience and the academic and professional tools necessary to be successful upon graduation.                                              

“This purchase completes University of Dubuque’s transition to an all ADS-B 2020 compliant fleet of 23 aircraft,” said Steven Accinelli, director of Aviation Programs at the University of Dubuque. “The Cessna Skyhawk platform provides increased situational awareness, which is critical to flight operations, and the enhanced weather and traffic information is particularly beneficial for new pilots.”

Textron Aviation continues to partner with top aviation programs to support the advancement of general aviation and the modernization of aircraft training fleets.

About the Cessna Skyhawk 172

The Skyhawk is the world standard for pilot training and is renowned for offering the best combination of modern features, including proven dependability and the next-generation Garmin G1000 NXi integrated flight deck that provides a more connected, efficient and modern cockpit. The aircraft’s high-wing design enables superior flying characteristics ideally suited for pilot training. More Skyhawks have been delivered to customers around the world than any other type of aircraft, with more than 43,000 in service since 1955.

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Cessna Skyhawk 172

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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. For more than 90 years, the Textron Aviation brands have represented unrivaled innovation, performance and leadership in the industry, offering an unmatched value proposition rooted in the total ownership experience. Leveraging unparalleled speed-to-market, Textron Aviation provides the most versatile and comprehensive business and 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. Textron Aviation has delivered more than 250,000 aircraft in over 143 countries. Its broad range of products include such best-selling aircraft as Citation 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 Off Road, 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.