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TEXTRON INC.

(TXT)
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Delayed Nyse  -  04:04 2022-10-07 pm EDT
61.30 USD   -2.12%
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Volusia County Sheriff's Aviation Unit Adds Two Bell 407GXis; Air One adds fifth Bell 407 Aircraft to Special Missions in Central Florida

07/29/2022 | 11:22am EDT

Fort Worth, TX - Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced today the signed purchase agreement for two Bell 407GXi helicopters to Volusia County Sheriff's Aviation Unit. This makes a total of five Bell 407 aircraft to serve in multi-mission special operations in their fleet.

'Air One relies on high-performing and reliable aircraft around the clock,' said Lane Evans, managing director, North America. 'In addition to other performance enhancements, the Bell 407GXi delivers better hot and high performance and increased higher precision navigation, both critical to Air One's mission portfolio.'

Operated out of DeLand Municipal Airport in Orlando, Florida, Air One operates 24 hours a day, seven days a week, 365 days a year to support the sheriff's office's aerial operations to include, law enforcement, search and rescue (SAR), fire suppression and monitoring, and special missions such as SWAT team fast rope insertions.

'For more than 20 years, Air One has relied on the Bell 407 to complete life-saving missions in Volusia and other neighboring counties,' said Captain Richard Fortin, Special Services Law Enforcement Operations Division, Volusia Sheriff's Office. 'The Bell 407GXi was Air One's choice aircraft when looking at growing our fleet and expanding our mission efficiency.'

The Bell 407GXi is outfitted with the new Rolls-Royce M250-C47E/4 dual-channel FADEC turbine engine delivering exceptional hot and high performance, fuel efficiency and the ability to cruise at 133 kts/246 km/h. Garmin's G1000H NXi Integrated Flight Deck, complete with high-definition displays and faster processors, offers increased brightness and clarity, faster startup and map rendering, as well as connectivity to tablets and smartphones.

Blakeley Thress

Commercial Business, The Americas

mediarelations@bellflight.com

+1 817-280-2968

(C) 2022 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on TEXTRON INC.
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Financials (USD)
Sales 2022 13 102 M - -
Net income 2022 856 M - -
Net Debt 2022 1 538 M - -
P/E ratio 2022 15,9x
Yield 2022 0,14%
Capitalization 12 967 M 12 967 M -
EV / Sales 2022 1,11x
EV / Sales 2023 1,02x
Nbr of Employees 33 000
Free-Float -
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 62,63 $
Average target price 82,17 $
Spread / Average Target 31,2%
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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
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