Assard Named President of Textron Lycoming.

PROVIDENCE, R.I.--(BUSINESS WIRE)--May 8, 1996--Textron Inc. today announced that David G. Assard has been named President of Textron Lycoming, a Williamsport, Pennsylvania-based manufacturer of piston aircraft engines and replacement parts for the general aviation market.

Textron also announced that its McCauley Accessory division, a manufacturer of aircraft propellers based in Dayton, Ohio, will become part of Textron Lycoming.

Assard, 62, most recently served as President of Textron's Cessna Aircraft Company, based in Wichita, Kansas. His responsibilities also included the McCauley division. Prior to joining Cessna in January 1995, Assard held various senior management positions at Textron Lycoming Turbine Engine division, including Vice President, General Manager and President. Prior to joining Textron, Assard served as Chairman of Gas Turbine Corporation and held various management positions at Pratt & Whitney and Penske Power.

"Dave brings a wealth of aircraft engine and component manufacturing management experience to Textron Lycoming," said Textron President and Chief Operating Officer Lewis B. Campbell. "This move is consistent with Textron's strategy of strengthening our operations management team by sharing and maximizing the talent that exists within the corporation," he added.

Assard succeeds Philip R. Boob, who will become a consultant to Textron Inc., reporting to Terry D. Stinson, President of Textron Aerospace Systems and Components.

Textron Inc. (TXT:NYSE) is a global, multi-industry company with market-leading operations in five business segments: Aircraft, Automotive, Industrial, Systems and Components and Finance. Textron, through its Cessna Aircraft, Bell Helicopter and E-Z-GO divisions, is a proud sponsor of the 1996 Olympic Games.

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