Press Release

Airborne Tactical Advantage Company (ATAC) to Deliver up to $441 Million in Contracted Air Services to the U.S. Navy

Airborne Tactical Advantage Company (ATAC) to Deliver up to $441 Million in Contracted Air Services to the U.S. Navy

Newport News, VA — November 9, 2020 — Airborne Tactical AdvantageCompany (ATAC), part of the Textron Systems segment of Textron Inc (NYSE: TXT), announced today that it has been selected to continue to provide the U.S. Navy and U.S. Marine Corps with fleet fighter jet training support services under the Fighter Jet Services (FJS) program.

ATAC will provide up to 8,500 flight hours per year of fleet support air training services for approximately 5 years under the indefinite delivery/indefinite quantity contract worth up to $441 million. The training will be provided by ATAC’s fleet of Mirage F1, F-21 Kfir, and Mk-58 Hawker Hunter fighter aircraft and is expected to commence in the spring of 2021.

“ATAC is proud to continue providing tactical flight training support services to the U.S. Navy and its allies and partners, further cementing the company as the leader in the contracted air services industry. We look forward to adding additional years to our two decades of established Navy and Marine Corps support of fleet exercises, ship services, fleet replacement squadron syllabi, fleet squadron adversary requirements, Joint Terminal Attack Controller training and Research, Development, Test and Evaluation flights,” said Scott Stacy, ATAC General Manager. “With
additional ATAC aircraft and pilots coming online, we are well positioned to continue to expand our flight operations.”

In addition to the Navy Fighter Jet Services program, an ATAC-led team trains Joint Terminal Attack Controllers (JTACs) under the U.S. Navy’s Terminal Attack Controller Trainer (TACT) program. ATAC has also recently won significant contracts to provide adversary air training for three U.S. Air Force bases and JTAC training services to U.S. Air Force Special Operations Command under the U.S. Air Force Combat Air Forces Contracted Air Support (CAF CAS) program.

ATAC is the global leader of tactical airborne training, having pioneered much of what are now contracted air services industry standards with a fleet of over 90 aircraft, over 65,000 flight hours, and 20 years of operating experience. ATAC has provided a wide range of contracted air support capabilities to the U.S. Department of Defense in locations world-wide, including the Continental United States, Hawaii and the Western Pacific region. ATAC has helped train crews from the U.S. Navy, U.S. Air Force and U.S. Marine Corps and regularly operates out of as many as 25
different air bases per year.

About Airborne Tactical Advantage Company (ATAC), LLC
ATAC provides tactical flight training and adversary aggressor services for the U.S. Navy, Marine Corps and Air Force, including live military air-to-air, air-to-ship, and air-to-ground training and support services. ATAC comprises the world's leading civilian-provided, tactical airborne training organization and proudly provides the highest quality live training to squadrons, Air Wings, and Battle Groups. For more information visit www.atacusa.com.

About Textron Systems
Textron Systems is a world leader in unmanned air, surface and land products, services and support for aerospace and defense customers. Harnessing agility and a broad base of expertise, Textron Systems’ innovative businesses design, manufacture, field and support comprehensive solutions that expand customer capabilities and deliver value. For more information, visit www.textronsystems.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, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Artic Cat, Textron Systems, and TRU Simulation + Training. 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, uncertainty in the volume of orders that will be issued under the IDIQ contract; changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; and risks related to multi-award contracts.

Contact
John Rupp, ATAC
Tel (757) 298-8467
Jrupp@atacusa.com