April 1, 2014

Company poised to be a powerful force in the simulation and training industry.

ORLANDO, Fla. — Textron 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 Textron.

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.