Textron Simulation & Training Systems Reveals New Name and Brand
Company Poised to Be a Powerful Force in the Simulation and Training
ORLANDO, FL -- (Marketwired) -- 04/01/14 -- Textron Simulation &
Training Systems, a Textron Inc. (NYSE: TXT) company, today launched
its new name and brand -- TRU Simulation + Training Inc., a new force
in the aviation simulation and training market with a full spectrum
of innovative offerings and solutions available around the globe.
TRU Simulation + Training Inc. will serve the commercial and military
markets, providing the superior technical support and customer
service its constituent parts were known for, backed by the power of
TRU Simulation + Training Inc. is formed out of three legacy
companies -- Mechtronix Inc., located in Montreal, Quebec., and
OPINICUS Corporation, located in Lutz, Fla., that were acquired by
Textron late last year, and a portion of AAI Logistics & Technical
Services, an operating unit of Textron Systems, based in Goose Creek,
S.C. The total annual revenue for the new business is expected to
exceed $100 million.
"As we continue to make good progress integrating the three legacy
companies, we sought to develop a name that represents the value we
can add to customers. Providing solutions that depict realistic
environments and conditions that are TRUE to life -- ensuring pilots
are trained properly and feel confident when they do get in the air
-- was the basis for the new name," said James Takats, TRU Simulation
+ Training Inc. President and CEO.
"TRU Simulation + Training offers an exciting opportunity for Textron
to be a major force in the rapidly growing market for providing pilot
and aircrew simulation and training to both commercial and military
customers," said Takats.
"I am thrilled to unveil TRU Simulation + Training, a unique company
that will be able to combine Textron's truly global footprint with an
adaptive and highly responsive business model to put customer needs
first," he continued.
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.
About TRU Simulation + Training
TRU Simulation + Training Inc., a Textron Inc. (NYSE: TXT) company,
delivers innovative solutions to the commercial, and military markets
while providing the superior technical support and customer service.
Headquartered in Goose Creek, S.C., the company is known for its Air
Transport Simulation, Business & Military Simulation, Mission &
Maintenance Training, and Training Centers & Services. More
information is available at www.TRUSimulation.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
Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming,
E-Z-GO, Greenlee, and Textron Systems. For more information visit:
The following files are available for download:
-- TRU Simulation + Training Inc logo
-- James Takats
TRU Simulation + Training
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