Cessna Citation Ascend Program Advances With Successful Certification Tests and Extensive Flight Testing [Yahoo! Finance]
Textron Inc. (TXT)
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Source: Yahoo! Finance
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. 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 impressive range offer customers reduced pilot workload and the ability to do more and go farther. "With the prototype aircraft's successful completion of rigorous certification tests and over 350 flight test hours, we are confident in the development progress of the Citation Ascend," said Chris Hearne, senior vice pr
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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
TXT
Earnings
- 10/24/24 - Miss
TXT
Sec Filings
- 10/24/24 - Form 10-Q
- 10/24/24 - Form 8-K
- 10/23/24 - Form 8-K
- TXT's page on the SEC website