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Japan selects Beechcraft T-6 Texan II Integrated Training System to modernize Japan Air Self-Defense Force pilot training

1. Textron Aviation Defense won contract for Japan Air Self-Defense Force pilot training. 2. Japan joins 14 nations using the Beechcraft T-6 Texan II aircraft. 3. The T-6 Texan II has over 1,000 units delivered worldwide. 4. Contract finalization with Japan expected in 2025 after competitive evaluation. 5. T-6 Texan II supports military pilot training across NATO and allied forces.

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Why Bullish?

This significant contract win suggests strong demand for Textron's products, potentially enhancing revenues. Past contracts have positively influenced stock performance.

How important is it?

The article highlights a strategic contract that enhances Textron's global market position, indicating strong future earnings potential.

Why Long Term?

The contract builds a long-term relationship with Japan, which could lead to future deals. Historical analysis shows similar contracts have had lasting positive effects on stock prices.

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JASDFTXT
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense LLC, a Textron Inc. (NYSE:TXT) company, today announced in coordination with the Kanematsu Group that the Beechcraft T-6 Texan II Integrated Training System (ITS) has been chosen to modernize pilot training for the Japan Air Self-Defense Force (JASDF). Japan will join 14 other nations that have selected the T-6 Texan II, adding to a fleet of more than 1,000 T-6 aircraft delivered worldwide. The Beechcraft T-6 Texan II is designed and manufactured by Textron Aviation Defense LLC, a wholly owned subsidiary of Textron Aviation Inc. “We are proud to offer the Japan Air Self-Defense Force a proven and highly capable Integrated Training System that will meet their training needs for decades,” said Travis Tyler, President and CEO, Textron Aviation Defense LLC. “This selection affirms the capabilities of our T-6 Texan II Integrated Training System to enable a well-equipped, prominent and highly skilled JASDF to meet the challenges of the 21st century.” The T-6 Texan II was selected after a highly competitive and thorough evaluation of training solutions offered by several bidders. Finalization of the contract is expected in 2025. The JASDF is modernizing its training program with an integrated solution featuring T-6 Texan II trainer aircraft, a comprehensive Ground Based Training System, training for instructor pilots and aircraft maintainers and long-term logistic and sustainment support. The Beechcraft T-6 Texan II will replace the Fuji/Subaru T-7 aircraft that has been the JASDF’s basic trainer for many years. About the Beechcraft T-6 Texan II The Beechcraft T-6 Texan II is the world’s premier military flight trainer. Backed by more than 90 years of experience delivering more than 250,000 aircraft worldwide, the Beechcraft T-6 Texan II’s low acquisition, operating and sustainment costs enable global air forces to fast-track pilot production. With an installed base that more than quadruples its closest competitor, the family of Beechcraft T-6 Texan II aircraft has been the world’s number one Integrated Training System (ITS) for more than 20 years. The Beechcraft T-6 Texan II capitalizes on an active production line with an industry-leading Manufacturing Readiness Level (MRL) rating of 10 as well as a proven supply chain and the affordability of 85 percent parts commonality with the Beechcraft AT-6E Wolverine. To date, the global fleet of more than 1,000 Beechcraft T-6 Texan II aircraft has surpassed 5 million flight hours across 14 nations and two NATO flight schools. A vital asset, the T-6 empowers global pilot training across the North Atlantic Treaty Organization (NATO) Flight Training program in Canada, the Euro NATO Joint Jet Pilot Training Program (ENJJPT) at Sheppard AFB, Texas and the U.S. Air Force Aviation Leadership Program as well as the U.S. Air Force, Navy, Marine Corps, Army and Coast Guard, the Hellenic Air Force, the Argentine Air Force, the Israeli Air Force, the Royal Air Force, the Iraqi Air Force, the Royal Canadian Air Force, Mexican Navy, the Mexican Air Force, the Royal Moroccan Air Force, the Colombian Air Force, the Royal New Zealand Air Force, the Royal Thai Air Force, Tunisian Air Force and the Vietnam Air Defense Air Force. About Textron Aviation Defense LLC With a legacy of thousands of proven Beechcraft and Cessna Integrated Training Systems produced and missionized in America’s Heartland since WWII, military customers turn to Textron Aviation Defense when they need airborne solutions for their critical missions. Provider of the world’s foremost military flight trainer, Textron Aviation Defense equips militaries worldwide and leads in low acquisition, sustainment and training costs. The Beechcraft T-6 Texan II fleet of more than 1,000 aircraft has logged more than 5 million hours across two NATO military flight schools and fourteen countries since 2001. Textron Aviation Defense is a subsidiary of Textron Aviation Inc. For more information, visit www.defense.txtav.com | www.scorpionjet.com. About Textron Aviation We inspire the journey of flight. For more than 95 years, Textron Aviation 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 missions, 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, productive and flexible flight. For more information, visit www.txtav.com | specialmissions.txtav.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, Pipistrel, 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, including, but not limited to, risks related to definitization of the contract.

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