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July 3rd, 2017
Textron Announces Lisa Atherton as President & CEO of Textron Systems

PROVIDENCE, R.I. – Textron Inc. (NYSE:TXT) today announced that Lisa Atherton has been named president & CEO of Textron Systems. She succeeds Ellen Lord, who will be nominated by President Donald J. Trump as Under Secretary of Defense for Acquisition, Technology and Logistics within the Department of Defense.

Atherton most recently served as executive vice president of Military Business at Bell Helicopter where she provided strategic direction, overall management and performance for all government programs and business development efforts. She has also held several other leadership positions within Military Programs since joining Bell Helicopter in 2012, including vice president of Global Military Business Development, V-22 program manager and director of Military Programs. Atherton began her career with Textron in 2007 as the vice president of Area Attack at Textron Defense Systems, an operating unit of Textron Systems.

Prior to joining Textron, Atherton was an officer in the U.S. Air Force and spent eight years in Air Combat Command’s Directorate of Requirements, helping shape the budget and operational requirements and needs for the Combat Air Forces. She is a graduate of the U.S. Air Force Academy and earned her Master of Business Administration from the Mason School of Business at The College of William and Mary.

Commenting on the leadership transition, Textron Chairman & CEO Scott C. Donnelly said, “Lisa is a proven leader who will provide the direction and guidance for Textron Systems to execute our current programs and generate future growth with products like our Ship to Shore Connector and Shadow Tactical Unmanned Aircraft System as well as new and next generation products and programs. Under her leadership at Bell Helicopter, our V-22 and H-1 programs have a strong track record of success and the business is positioned for future growth with new products including our V-280 Valor and V-247 Unmanned tiltrotor. We also congratulate Ellen on her nomination to this position in the Department of Defense and thank her for her many years of leadership at Textron Systems.”

About Textron Systems

Textron Systems’ businesses develop and integrate products, services and support for aerospace and defense customers, as well as civil and commercial customers including those in law enforcement, security, border patrol and critical infrastructure protection around the globe. 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. Textron Systems consists of its Advanced Information Solutions, Electronic Systems, Geospatial Solutions, Lycoming Engines, Marine & Land Systems, Support Solutions, TRU Simulation + Training, Unmanned Systems and Weapon & Sensor Systems businesses. More information is available at 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 Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.