Textron faces further engine recall

Textron Inc.’s Lycoming
unit may have to recall as many as 2,000 aircraft engines because
of defective bolts, the Wall Street Journal reported, citing a
Federal Aviation Administration order.

The order, which is expected to become public as soon as
today, covers defective crankshaft bolts in Lycoming engines on
propeller-driven airplanes from 1996 until now, the paper said. It
extends a September directive by the FAA that covered the period
1996 to 1998, according to the Journal.

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“Although we had taken earlier action, out of an abundance
of caution, we wanted to ensure all these bolts” are removed from
distributors and maintenance shops, Sue Bishop, a spokeswoman for
Textron, told the Journal.

Problems linked to Lycoming have cost Textron $36 million,
included a $31 million charge in the third quarter at Textron’s
aircraft unit, the Journal said, citing regulatory filings.

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