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Textron Aviation Opens New Melbourne Service Facility at Essendon Fields Airport, Expanding Support for Cessna, Beechcraft and Hawker Customers in APAC

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc. announced its new service facility at Essendon Fields Airport in Melbourne is now open for customers.

Fleet Launch Customer NetJets Takes Delivery of First Three Cessna Citation Ascend Midsize Business Jets

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, achieved a major milestone as the first three Cessna Citation Ascend business jets were delivered to fleet launch customer NetJets. NetJets, which operates the world's largest, most diverse private jet fleet, is the first private fleet operator to take delivery and begin operations with the Cessna Citation Ascend. Setting new standards in performance, comfort and operational efficiency for the midsize busi.

Textron Reports First Quarter 2026 Results; Announces Intent to Separate its Industrial Segment

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported first quarter 2026 net income of $1.25 per share, compared to $1.13 in the first quarter of 2025. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.45 per share for the first quarter of 2026, compared to $1.28 per share in the first quarter of 2025. "Textron delivered double-digit revenue and EPS growth in the quarter,” said Textron CEO Lisa M. Atherto.

Textron Announces Intent to Separate its Industrial Segment, Enhancing Strategic Focus as a Pure-Play Aerospace and Defense Company

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (the "Company" or “Textron”) (NYSE: TXT) today announced its intent to separate its Industrial segment from the Company's core aerospace and defense businesses to enhance its strategic and operational focus and drive long-term value for stakeholders. Textron intends to explore multiple paths to effect the planned separation of its Industrial segment, including but not limited to a sale of the Industrial businesses or a tax-free separation into a s.