Textron Inc.’s business segment, Textron Aviation, has recently been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for the delivery of two Cessna Grand Caravan EX turboprop aircraft. These aircraft will be owned and operated by the Djiboutian Air Force.
The demand for turboprop aircraft is increasing globally as nations bolster their military capabilities and aircraft operators expand their networks. The Cessna Grand Caravan EX, renowned for its versatility, is utilized by regional airlines, charter operators, and cargo carriers worldwide.
With its impressive power output and capability to operate in challenging conditions, it is ideal for various missions, including those requiring high payloads and short, rough runways, while maintaining efficiency and simplicity.
This contract award underscores the strong demand for Textron’s turboprop aircraft and is expected to contribute to the company’s revenue growth in the future.
In the turboprop aircraft market, Textron Aviation stands well-positioned with a diverse portfolio, including models like the Cessna Grand Caravan EX, Caravan, SkyCourier, Beechcraft King Air 360, King Air 260, and King Air 360R. Additionally, the company’s Beechcraft Denali, a high-performance single-engine turboprop aircraft, is currently in development.
Textron Aviation delivered 153 commercial turboprops in 2023 and continues to secure significant contracts. Recent achievements include the selection of the SkyCourier by Australia’s regional airline Hinterland Aviation and winning orders for SkyCourier and Grand Caravan EX at the Singapore Airshow. These successes, coupled with the latest contract win, are expected to drive revenue growth for Textron in the turboprop aircraft market.
