Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

TEXTRON INC.

(TXT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Beechcraft Denali Enters Flight Test Phase with Landmark First Flight

11/23/2021 | 02:02pm EST

Textron Aviation today announced its new single-engine turboprop, the Beechcraft Denali, took to the skies for the first time. The milestone first flight is a major step for the clean-sheet design aircraft and begins the important flight test program that substantiates the segment-leading performance expected of the Denali.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211123006078/en/

The Beechcraft Denali made its first flight from the Textron Aviation's west campus at Eisenhower International Airport in Wichita Tuesday morning. (Photo: Business Wire)

The Beechcraft Denali made its first flight from the Textron Aviation's west campus at Eisenhower International Airport in Wichita Tuesday morning. (Photo: Business Wire)

The Beechcraft Denali is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.

“Today’s landmark flight is not only a significant occasion for the Denali, it’s a truly great moment for our employees, our suppliers and the customers who will be flying this aircraft,” said Ron Draper, president and CEO, Textron Aviation. “With its more environmentally friendly engine and largest cabin in its class, this is an aircraft that will change the landscape for high-performance single-engine turboprop aircraft. Today’s flight is just the beginning for what we anticipate will be a long list of important accomplishments as we prepare the aircraft for certification and customer deliveries.”

Piloted by senior test pilot Peter Gracey and chief test pilot Dustin Smisor, the Beechcraft Denali prototype aircraft, powered by GE Aviation’s new Catalyst engine, took off at approximately 8:20 a.m. from the company’s west campus at Eisenhower International Airport. During the 2-hour and 50-minute flight, the team tested the aircraft’s performance, stability and control, as well as its propulsion, environmental, flight controls and avionics systems. The aircraft reached an altitude of 15,600 feet and attained speeds of 180 knots.

“From the beginning of the flight to the end, the Denali was simply flawless,” Gracey said. “It’s just a great aircraft to fly. The Catalyst engine was outstanding, and the aircraft performed to the levels we were anticipating. First flights really can’t go more smoothly than this. We are really off to an excellent start for the Denali flight test program.”

The Denali prototype aircraft, along with two additional flight test articles and three full airframe ground test articles, will continue to expand on operational goals, focusing on testing aircraft systems, engine, avionics and overall performance. The company is targeting certification for the Denali in 2023.

About the Beechcraft Denali

Engineered to achieve cruise speeds of 285 knots and full fuel payload of 1,100 pounds, the Denali is designed to have a range of 1,600 nautical miles at high-speed cruise with one pilot and four passengers and will be able to fly from Los Angeles to Chicago, New York to Miami or London to Moscow.

The Denali is the first aircraft powered with GE’s Catalyst engine, a more sustainable engine that burns up to 20 percent less fuel than older turboprop technologies. Like the company’s other aircraft, the Denali can also use sustainable aviation fuel. The FADEC-equipped, 1,300 shaft horsepower (SHP)-rated turboprop engine eases pilot workload with its single-lever power and propeller control.

The airplane is also equipped with McCauley’s new 105-inch diameter composite, 5-blade, constant speed propeller, which is full feathering with reversible pitch and ice protection.

The cockpit features the Garmin G3000 intuitive avionics suite with high-resolution and touchscreen controllers. An integrated Garmin autothrottle is now a standard feature, which interfaces with the Automatic Flight Control System (AFCS) and Flight Management System (FMS) to provide easy speed control throughout all regimes of flight from takeoff to touchdown.

Class-leading passenger experience

The Beechcraft Denali’s flat-floor cabin is designed to be the largest in its segment and offers the versatility to easily convert between passenger and cargo configurations. The cabin features a standard seating configuration of six individual reclining seats and offers a nine-place high density seating option. Passengers will also enjoy large cabin windows, a forward refreshment cabinet and an in-flight accessible baggage compartment. An optional externally serviceable belted lavatory in the rear of the cabin is also available.

About Textron Aviation

We inspire the journey of flight. For more than 90 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.

For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, 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 our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors.


ę Business Wire 2021
All news about TEXTRON INC.
09:09aWALL STREET STOCK EXCHANGE : Are we still in the Goldilocks zone?
08:34aTextron exec says - co expects to continue ramping up jet pro…
RE
08:34aTextron exec says - co will see impact from covid-19 trickle…
RE
08:33aTextron exec says - spike in covid-19 cases in factories in la…
RE
08:31aTextron exec says - backlog has been strong, still see demand…
RE
08:25aTextron exec says - industrial revenues were lower in qtr due t…
RE
08:06aBell Boeing Improve Maintainability of V-22; Complete first aircraft in Nacelle Improve..
AQ
07:14aTextron misses estimates, reports fall in fourth-quarter revenue
RE
07:06aTEXTRON : Q4 Earnings Snapshot
AQ
06:56aTextron Posts Lower Q4 Adjusted Earnings, Revenue; Issues 2022 Outlook
MT
More news
Analyst Recommendations on TEXTRON INC.
More recommendations
Financials (USD)
Sales 2021 12 544 M - -
Net income 2021 749 M - -
Net Debt 2021 1 537 M - -
P/E ratio 2021 21,6x
Yield 2021 0,11%
Capitalization 15 816 M 15 816 M -
EV / Sales 2021 1,38x
EV / Sales 2022 1,27x
Nbr of Employees 33 000
Free-Float -
Chart TEXTRON INC.
Duration : Period :
Textron Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TEXTRON INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 71,75 $
Average target price 83,73 $
Spread / Average Target 16,7%
EPS Revisions
Managers and Directors
Scott C. Donnelly Chief Operating Officer & Executive Vice President
Frank T. Connor Chief Financial Officer & Executive Vice President
Kimberly A. Mackenroth Chief Information Officer & Vice President
E. Robert Lupone Secretary, Chief Compliance Officer & Executive VP
Kathleen M. Bader Independent Director
Sector and Competitors
1st jan.Capi. (M$)
TEXTRON INC.-7.06%15 816
THE BOEING COMPANY-3.50%114 172
AIRBUS SE1.66%101 274
DASSAULT AVIATION12.32%10 014
AVIC ELECTROMECHANICAL SYSTEMS CO.,LTD.-31.41%7 619
AVICOPTER PLC-29.60%5 272