Textron Aviation entered an agreement with BAA Training for the purchase of 48 Cessna Skyhawk aircraft, which are expected to be delivered in 2026. read more

NOV 27, 2023 - 6:32 am

Textron named Rob Scholl president and CEO of Textron Specialized Vehicles. Scholl was previously president and CEO of Textron eAviation, a role that will now be filled by Kriya Shortt, who was previously senior vice president of global parts and distribution at Textron Aviation. read more

AUG 22, 2023 - 6:28 am

Textron named Lisa Atherton, president and CEO of the Textron Systems segment, to a new role as chief operating officer of the Bell segment. Tom Hammoor, who most recently led Textron Aviation Defense, will succeed Atherton as president and CEO of the Textron Systems segment. read more

JAN 20, 2023 - 6:45 am

Textron closed its acquisition of Pipistrel, a manufacturer of electrically-powered aircraft. Under the terms of the transaction, Textron purchased Pipistrel for a cash purchase price of approximately €218 million ($235.45 million). read more

APR 19, 2022 - 7:17 am

Textron entered into an agreement to purchase Pipistrel, a provider of electrically powered aircraft based in Slovenia and Italy. read more

MAR 21, 2022 - 6:08 am

The Wall Street Journal reported that Bombardier is discussing the sale of its business jet unit to Textron, according to people familiar with the matter. read more

FEB 5, 2020 - 6:30 am

Textron Aviation delivered 58 new Citation jets in Q4/17, flat with last year; 31 King Air turboprops, up from 28 last year and two Beechcraft T-6 trainers, down from eight last year. read more

FEB 2, 2018 - 1:30 pm

According to ConstructionEquipment.com, Caterpillar will enter the utility vehicle market through a collaboration with Textron Specialized Vehicles. read more

OCT 17, 2017 - 6:59 am

Textron Aviation displayed its new super-midsize Cessna Citation Longitude for the first time in Europe at this week’s 2017 European Business Aviation Convention and Exhibition. read more

MAY 22, 2017 - 7:02 am

Textron completed the acquisition of Arctic Cat Inc. by means of a short-form merger under Minnesota law. As a result, Arctic Cat has become an indirect wholly owned subsidiary of Textron. read more

MAR 7, 2017 - 6:18 am

Textron completed the cash tender offer by Aces Acquisition, an indirect wholly owned subsidiary of Textron, for all of the issued and outstanding shares of common stock of Arctic Cat. read more

MAR 6, 2017 - 7:26 am

As part of its acquisition of Arctic Cat, Textron commenced a tender offer for all of the issued and outstanding shares of common stock of the company for $18.50 per share. read more

FEB 3, 2017 - 7:15 am

Textron will acquire Arctic Cat in a cash transaction valued at approximately $247 million, plus the assumption of existing debt. read more

JAN 26, 2017 - 7:19 am

Textron named Arijit Ghosh president and managing director of Textron India. Ghosh previously served at Honeywell Aerospace India. read more

JAN 9, 2017 - 7:03 am

The Financial Post reported that Textron would be willing to buy Bombardier’s Learjet business. read more

AUG 26, 2016 - 7:10 am