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Textron to Acquire Two Innovative Suppliers of Flight Simulation and Aircraft Training Products

  Textron to Acquire Two Innovative Suppliers of Flight Simulation and
  Aircraft Training Products

Mechtronix and OPINICUS to Broaden Textron’s Flight Simulation Capabilities in
                Both Commercial and Military Aircraft Markets

Business Wire

PROVIDENCE, R.I. -- November 22, 2013

Textron Inc. (NYSE:TXT) announced today it has signed agreements to acquire
two flight simulation and aircraft training product companies – Mechtronix
Inc., located in Montreal, Quebec and OPINICUS Corporation, located in Lutz,
Florida. These companies combined with Textron Systems’ existing training and
simulation business, which serves the military aircraft market through its
facilities in Goose Creek, South Carolina, will form Textron Simulation &
Training Systems. The total annual revenue for the new business is expected to
exceed $100 million.

Mechtronix’ primary products include the FFSX™ and FFTX™ line of high-fidelity
simulators and the FFT™ and Ascent^® line of flight trainers, as well as
classroom training solutions. Founded in 1987, Mechtronix serves the global
aviation markets and has supplied airlines with more than 200 simulator

OPINICUS is known for its ODYSSEY™ high-fidelity simulators, featuring
innovations such as REALFeel^® control loading and REALCue^®  motion
controller. Since 1988 OPINICUS has provided turnkey simulator programs to
many aviation industry leaders including Boeing, Lockheed Martin, Raytheon,
Bell Helicopter, GE Aerospace, the FAA and several branches of the U.S.

"Mechtronix and OPINICUS each have a strong record of delivering advanced
flight simulation technologies and services," said Textron Chairman & CEO
Scott Donnelly. “Today’s pilots face an ever-expanding range of systems and
controls within the cockpit, making realistic simulation essential for
commercial and military flight training. By adding these businesses, we deepen
Textron’s ability to fully serve the military, business and civil aviation
industries,” he added. Both transactions are expected to close by the end of
the year, subject to customary closing conditions.

About Mechtronix Inc.

Fueled by over 25 years of passion and dedication, Mechtronix is a
world-leading manufacturer of flight simulators, designing, marketing and
supporting aviation training products and related services for airlines,
aircraft OEMs, flight training centers and training organizations worldwide.
The company’s headquarters and main facilities are located in Montreal,
Quebec, with technical support centers strategically located in Asia Pacific
and Europe. For more information, please visit

About OPINICUS Corporation

OPINICUS Corporation specializes in advanced full flight simulation
technologies. OPINICUS' comprehensive experience in design, development,
installation and maintenance of full flight simulators enable the company to
respond to all levels of technical requirements and challenges for both
rotary- and fixed-wing simulation. OPINICUS’ solutions include hardware,
software, systems and programs, along with comprehensive experience in design,
development, installation, integration, FAA qualification and government test
and validation. For more information, please visit

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 Helicopter, Cessna Aircraft Company, Jacobsen,
Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is
available at

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, the risk that the
acquisitions will not close as anticipated, difficulties or unanticipated
expenses in connection with the consummation of the acquisitions or the
failure to achieve anticipated synergies and opportunities.


Textron Inc.
Investor Contacts:
Doug Wilburne, 401-457-2288
Justin Bourdon, 401-457-2288
Media Contact:
David Sylvestre, 401-457-2362
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