Textron Aviation expands presence in Australia to modernize facilities and increase parts in region, announces name change of Premiair Aviation Maintenance

Textron Aviation announced today the company is expanding its footprint in Australia to modernize facilities and increase Cessna, Beechcraft and Hawker parts availability in the region. In addition, Premiair Aviation Maintenance, an Australian service center acquired by Textron Aviation in 2020, has changed its name to Textron Aviation Australia Pty Ltd. to fully integrate the Perth, Gold Coast and Melbourne facilities into the company's comprehensive global service network.

Beechcraft, Cessna and Hawker customers receive factory-direct support, maintenance and modifications by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, through its global network of service and parts centers, mobile service units and 24/7 1CALL AOG (aircraft-on-ground) support.

TEXTRON AVIATION EXPANDING AFTERMARKET SUPPORT IN PERTH AND MELBOURNE

Textron Aviation is moving to larger and modernized facilities at both Jandakot airport in Perth and Essendon Fields airport in Melbourne to grow service capacity and support parts availability in the region.

In Perth, moving Textron Aviation's Service Center to a larger facility at Jandakot airport provides more space for servicing aircraft ? increasing shop capacity and aiding in faster scheduling with minimal down time to keep customers flying. The new facility will also provide more comfortable environments for customers and employees. Textron Aviation expects to be fully operational in the new facility by the end of July 2024.

"Investing in a larger and modern Textron Aviation Service Center facility in Perth allows us to grow our capacity and better assist customers with scheduled maintenance, modifications and aircraft-on-ground support," said Brian Rohloff, senior vice president, Customer Support. "We take pride in enhancing the customer experience at all of our service locations to keep people moving and help customers evolve their aircraft to fit their missions."

In Melbourne, the company is adding 5,000 square feet of new parts storage to a facility near Essendon Fields airport, located within five minutes of all major carriers and the Textron Aviation Service Center. The expansion increases parts storage by four times the previous inventory in the region, leading to faster shipments for customers. Textron Aviation is also adding a new in-region parts customer support and warranty team in Melbourne to support all Cessna, Beechcraft and Hawker parts needs. Textron Aviation anticipates being fully functional in the expanded Melbourne facility by the end of June 2024.

"Increasing parts inventory and team members in Australia allows us to respond even faster to customers when they need support," said Brad White, senior vice president, Global Parts and Distribution. "With more than 1,400 aircraft operating in the region, we're making this investment in direct response to customer feedback and an increasing demand for parts availability globally."

PREMIAIR AVIATION MAINTENANCE CHANGES TO TEXTRON AVIATION AUSTRALIA

Textron Aviation also announced all Premiair Aviation Maintenance facilities in Perth, Gold Coast and Melbourne are now operating under the Textron Aviation brand as Textron Aviation Australia.

Textron Aviation acquired Premiair Aviation Maintenance in 2020 as part of its commitment to offering customers factory-direct maintenance and support globally. With a team of experts offering more than two decades of experience in aircraft maintenance, Textron Aviation Australia has Civil Aviation Safety Authority authorization to work on the extensive lineup of Cessna, Beechcraft and Hawker aircraft.

About Textron Aviation service
Textron Aviation offers factory-direct service and support throughout the entire ownership experience. Through a global network staffed with nearly 3,000 employees, customers have direct access to a team of expert service representatives offering maintenance, inspections, parts, repairs, avionic upgrades, equipment installations, refurbishments and other specialized services. Textron Aviation manages a fleet of nearly 70 mobile service units (MSU), Go Teams stationed across the world that can be mobilized to respond to maintenance events by contacting 1CALL and a team of AOG specialists providing prioritized service and support during unscheduled maintenance events.

About Textron Aviation
We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, 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 mission, 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 and flexible flight. For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.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. 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, changes in aircraft delivery schedules or cancellations or deferrals of orders.