Bangalore, Karnataka, India
Underscoring its commitment to the growing Indian aerospace and aviation market, Textron Inc. (NYSE: TXT) businesses are exhibiting this week at Aero India 2007, the region's flagship showcase for customers to see and experience the latest technologies, products and services in the aviation industry. The five-day event serves as a highly effective platform for Textron's aviation and aerospace businesses, including Bell Helicopter, Cessna Aircraft Company and Textron Defense Systems. Textron businesses will showcase a wide variety of innovative offerings and solutions and connect with customers in the Indian market.
Textron's Chairman, President and CEO Lewis B. Campbell commented, "Textron recognizes the outstanding market opportunities, technical capabilities and talent pool in India and is committed to staying close to its customer and competitive in the region. As we work to advance our strategy and growth plans in India, Textron will continue to support each business as they explore a variety of opportunities for both our military and commercial customers."
"Aero India provides an extremely valuable setting for Textron to showcase a wide range of pioneering products and solutions and to directly link up with customers in this market," said N.R. Mohanty, chairman and managing director of Textron India Pvt. Ltd. "While Textron is not new to the region, we believe there are a number of long-term growth prospects for Bell, Cessna and Textron Systems that will further the advancement of Textron businesses in the country."
Textron also will participate in and support the U.S.-India Business Council (USIBC) mission during Aero India 2007, which seeks to strengthen the momentum of the recent U.S.-India strategic partnership to showcase American excellence in technology superiority, reliability and long-term partnership, as well as build alliances, find partners and share cutting-edge technology with India. Textron Inc.'s Bruce Graham and Bell Helicopter's Jay Ortiz will participate as the U.S. industry representatives in the official delegation during the show.
Textron Businesses at Aero India:
Bell Helicopter is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft. Bell will showcase a mock-up of the Armed 407 and feature models of the V-22, H-1Z, 407, 412 and 417.
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes and manufactures the broadest product line of aircraft in the world, including business jets, freight- and passenger-hauling turboprop-powered Caravans, and single engine piston aircraft. During Aero India, Cessna will exhibit the XLS, a business jet aircraft from the well-known Citation line, as well as the Grand Caravan.
Textron Defense Systems provides advanced technology solutions to meet the needs of the global defense and aerospace industries. At Aero India, Textron Defense Systems will feature its precision strike, air launched weapons, including Sensor Fuzed Weapon, and the BLU-108 and Selectively Targeted Skeet (STS) submunitions.
The Textron exhibit site at Aero India is located in Hall E, Stand E2.6.
Aero India 2007 is being held at the Yelahanka Air Force Station in Bangalore, the hub of aerospace activity in India and home to many of the country's top information technology companies and scientific institutions. The exhibition covers 30,000 square meters of outdoor exhibit space and 25,000 square meters of indoor space. In addition, the Yelahanka airfield will feature an extensive area for static aircraft exhibits as well as offer the flexibility of customer demonstration flights and a comprehensive daily flying display.
About Textron
Textron Inc. is an $11 billion multi-industry company operating in 32 countries with approximately 40,000 employees. The company leverages its global network of aircraft, 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 Helicopter, Cessna Aircraft, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.
CONTACT: Investor Contact: Textron Inc. Doug Wilburne 401-457-3606 or Bill Pitts 401-457-2502 or Media Contact: Textron Inc. Karen Gordon Quintal 401-457-2362 or Kim Reingold 401-457-2494
Source: Business Wire (Business Wire India)
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