Commitment to Future Growth

Investing for future growth, organically and through acquisitions, is a key strategy for Textron.
Here are a few notable examples.

TEXTRON AVIATION

Textron Aviation celebrated the announcement at EBACE of the newest Cessna Citation business jet in the legendary 560XL series—the Cessna Citation Ascend. The Cessna Citation Ascend will offer state-of-the-art Garmin G5000 avionics. In addition, Textron Aviation introduced the Cessna Citation CJ3 Gen 2 at NBAA. Also in the year, Textron Aviation Defense was awarded the Multi-Engine Training Systems (METS) contract by the U.S. Navy. This program, using a modified Beechcraft King Air 260, will provide intermediate and advanced training for student pilots.

Citation CJ3 Gen2

BELL

Bell officially began work in April 2023 as the prime contractor on the U.S. Army’s Future Long Range Assault Aircraft program. The team increased activity throughout the year ramping up engineering resources, contracting with key suppliers, and ordering long-lead materials ahead of a Milestone B decision in 2024. Also in the year, Bell was selected for phase 1A of DARPA’s Speed and Runway Independent Technologies (SPRINT) X-Plane program. The SPRINT program intends to design, build, and fly an experimental aircraft to demonstrate enabling technologies and integrated concepts necessary for next generation air mobility platforms. Both programs demonstrate Bell’s success as the leader in tiltrotor technology.

Bell V-280 Valor

INDUSTRIAL

Industrial introduced new products across the portfolio. Textron Specialized Vehicles launched a street-legal variant of the E-Z-GO Liberty. The Liberty LSV builds on the Liberty’s reputation as the industry’s first vehicle with four forward facing seats. At Kautex, the Pentatonic Battery System won the 2023 Gasgoo Award for innovation in the automotive industry. In the year, Kautex announced the first Pentatonic order from an automotive OEM for a thermoplastic composite underbody battery protection skid plate, establishing Kautex as a supplier to the expanding battery electric vehicle market.

E-Z-GO RXV ELiTE

TEXTRON SYSTEMS

Textron Systems achieved advancements on multiple new program pursuits throughout the year. On the Air side, Systems was awarded option 2 of the Future Tactical Uncrewed Aircraft System program. On the vehicle side, Systems advanced to the next phase of the U.S. Army’s XM30 program as part of Team Lynx. Also in the year, Systems was selected to participate in phase 1 of the U.S. Army’s Robotic Combat Vehicle program to develop a platform prototype with delivery expected in 2024. These programs represent significant growth opportunities throughout the portfolio.

Ship-to-Shore Connector

TEXTRON eAVIATION

Textron eAviation began system level integration of the first NUUVA prototype, hybrid unmanned cargo VTOL aircraft, in preparation for its first hover flight in 2024. Also during the year, eAviation commenced wind tunnel testing on the Nexus eVTOL aircraft. Both programs demonstrate Textron eAviation’s commitment to developing technologies and products in support of sustainable flight solutions for unmanned cargo, next generation electric aircraft, passenger eVTOL, and general aviation.

Pipistrel Velis Electro