| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Advanced jet trainer program could bring major investment and jobs to Kansas
Textron Aviation Defense LLC, a Textron Inc. (NYSE:TXT) company, today announced that if awarded the Undergraduate Jet Training System (UJTS) program contract by the U.S. Navy, it will assemble the Beechcraft M-346N at its east campus in Wichita, Kansas — the historic home of the Beechcraft brand for nearly a century. The announcement reinforces the company's commitment to delivering the most advanced jet integrated training system for the U.S. Navy.
Textron Aviation Defense expects to invest more than $38 million to modernize more than 50,000 square feet of existing manufacturing space on the company's east Wichita campus if awarded the contract. The program is expected to create an estimated 100 direct manufacturing jobs in Wichita, along with numerous indirect jobs supporting aircraft production and assembly.
Posted In: TXT