Cessna Citation Ascend Program Advances With Successful Certification Tests and Extensive Flight Testing
Textron Inc. (TXT)
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Source: Business Wire
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the continued advancement of the Cessna Citation Ascend program following the successful completion by the prototype aircraft of numerous certification tests and more than 350 flight test hours. The Citation Ascend business jet was unveiled during the 2023 European Business Aviation Convention & Exhibition (EBACE) and the aircraft is expected to enter into service in 2025.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240513164881/en/Textron Aviation | Cessna Citation Ascend (Photo: Business Wire)The Cessna Citation business jet family is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.The newest Citation is designed to bring a new cockpit, improved performance and a more luxurious cabin to the midsize business jet market. The aircraft’s state-of-the-art avionics including autothrottle, high payload capacity and impres
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- Textron Inc. (NYSE: TXT) had its price target lowered by analysts at UBS Group AG from $87.00 to $79.00. They now have a "sell" rating on the stock.MarketBeat
- Textron Inc. (NYSE: TXT) had its price target lowered by analysts at Robert W. Baird from $109.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
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