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MarketScreener Homepage  >  Equities  >  Nyse  >  Textron Inc.    TXT

TEXTRON INC.

(TXT)
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Textron : Bell Delivers Three Bell 407 GXis to Polish National Police

10/22/2020 | 12:00pm EST

This year, five new Bell 407 GXis were delivered to Poland.

Fort Worth, TX (Oct. 22, 2020) Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced a delivery of three Bell 407 GXis to the Polish National Police (PNP). The PNP has been a long-standing Bell customer for about 20 years. The addition of these aircraft will help them serve and protect people, to maintain public order, and security in Poland.

'The Bell 407 GXi delivers a robust customer experience while providing best-in-class speed, performance, and reliability,' said Duncan Van De Velde, Managing Director of Europe & Russia. 'We are glad to have such a strong presence in Poland and appreciate the Polish National Police for its support.'

The aircraft are equipped with mission equipment provided by Trakka Systems (searchlight, downlink, camera, and operator console) and will allow parapublic passengers and pilots to maintain situational awareness and readiness. This milestone marks the fifth aircraft delivered to Poland this year and the first parapublic Bell 407 GXi to be received by the country.

'We are excited to take the delivery of three Bell 407 GXis to add to the rest of our Bell fleet,' said insp. Mariusz Ciarka, Press Spokesman, Polish National Police. 'Our organization believes the aircraft will enable us to serve Polish citizens by providing them a safe and protected community.'

Customers in Europe continue to seek out the Bell 407 GXi for corporate transport, public safety and a variety of missions. Currently, 97 Bell 407s operate in Europe and Russia, including 12 aircraft registered in Poland. With a global fleet of 1,500 aircraft, the Bell 407 has logged almost 470,000 flight hours. Regarded for its speed, performance, reliability, and maneuverability, the Bell 407 delivers exceptional experiences as well as a spacious cabin that boasts of club-style seating for premium comfort.

For more information, visit the Bell website.

Press Contact:

Grace Dieb

+1 817‐280‐5384

mediarelations@bellflight.com

###

ABOUT BELL

Thinking above and beyond is what we do. For more than 80 years, we've been reimagining the experience of flight - and where it can take us.

We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA's first lunar mission and brought advanced tiltrotor systems to market. Today, we're defining the future of on-demand mobility.

Headquartered in Fort Worth, Texas - as a wholly-owned subsidiary of Textron Inc., - we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.

Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

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 may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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.

Disclaimer

Textron Inc. published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 15:59:03 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 11 401 M - -
Net income 2020 289 M - -
Net Debt 2020 1 439 M - -
P/E ratio 2020 37,4x
Yield 2020 0,17%
Capitalization 10 727 M 10 727 M -
EV / Sales 2020 1,07x
EV / Sales 2021 0,94x
Nbr of Employees 32 200
Free-Float 99,4%
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Number of Analysts 12
Average target price 42,42 $
Last Close Price 46,87 $
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Scott C. Donnelly Chairman, President & Chief Executive Officer
Frank T. Connor Chief Financial Officer & Executive Vice President
Kimberly A. Mackenroth Chief Information Officer & Vice President
Kathleen M. Bader Lead Independent Director
Paul Ernest Gagné Lead Independent Director
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