Aircraft
Textron Fast-Tracks New Longitude and Hemisphere
Textron vows to out-spend rivals in new product development.

Textron Aviation CEO Scott Ernest said the company is spending more than $200 million annually on new product development including the new super-medium Longitude and just-announced, large cabin $35 million Hemisphere jets. He told a press conference in Las Vegas yesterday that the manufacturer now has the industry’s fastest product development cycle, noting that in the last three years Textron Aviation had designed and certified eight new aviation products.


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