That seems a little unfortunate. Textron has not really innovated much in the small GA segment. Killed one of the best piston aircraft, the TTx. Took perhaps the best single pilot jet out there, the Mustang, and let it run its course with essentially no upgrades and shut it down. Hasn’t been able to innovate much on their remaining piston aircraft. Baron and Bonanza are pretty much deceased. Couldn’t bring the Jet-A 182 to completion. Killed the skycatcher. Even the Denali, a no brainer winning design, hasn’t met certification targets. They are a midsize jet company. We will see if they can innovate this project, but would not bet my money on it. For the little planes about the only companies innovating and stable are Diamond, Cirrus, Piper and Socata.
Textron's predecessor companies have been bitten almost every time they tried to be innovative in the lightplane market since 1965. Cessna ate it with the 177 (a worthy effort after some initial teething problems), the stillborn 187 and 327, the 162 and the diesel singles. They couldn't even make a success out of the Columbia foster-child. The Starship was an expensive embarrassment for Beech, and the Skipper, another nice airplane, was never really competitive.
Party like it's 1964 -- squint a little bit and these 58-year-old airframes look like they're from Textron's current brochure ...
58 years is a long time in aviation. 58 years before the "modern" airplanes above, the Wrights were still practicing basic airwork at Huffman Prairie.
Even Piper's highly-touted new trainer is a near-reincarnation of the 1971 Cherokee Flite Liner with modern avionics.
Other than Cirrus and Diamond and some imported LSAs, what "innovative" airframes since 1965 have really been successful? PA-46 maybe. What became of the single-engine Commanders, the Grumman-American line, the PA-38?
You're Textron. Do you tell your stockholders you're gonna sink a ton of coin into an innovative light GA airplane? My guess is the acquisition of Pipistrel allows Textron to inexpensively hang an "eTextron Division" sign in a back corner of a hangar somewhere and virtue-signal to the government, the public and shareholders that the company is all into sustainable, green, renewable, climate-friendly, and all the other approved buzzwords.