Lufthansa Selects Cessna Citation Business Jets for its Private Jet Fleet

March 07, 2008
Wichita, KS - March 7, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today that Lufthansa has acquired four additional Cessna Citation business jets with a total value of approximately $40 million (list price). This order for two CJ3 jets and two XLS+ aircraft is in addition to Lufthansa's order for four Citation CJ1+ aircraft for its new pilot training program, which was announced at the National Business Aviation Association annual meeting in September 2007.

All aircraft are scheduled for delivery between March 2008 and mid-2009 and will operate in the Lufthansa Private Jet fleet, which provides point-to-point flights among 1,000 destinations in Europe and Russia. The Private Jet service also offers customers of Lufthansa and SWISS long-haul flights exclusive, seamless travel to onward regional airports.

The Citation CJ3 cruises at up to 417 knots and direct climbs to 45,000 feet in just 27 minutes. The aircraft features Collins Pro Line 21 fully integrated avionics, electronically controlled (FADEC) engines from Williams, 1,875 nautical miles of range and the ability to use runways as short as 3,200 feet.

The 560 series began with the Citation Excel, which was granted Federal Aviation Administration type certification in April 1998. The Excel received a block point change in 2004 and became the XLS. Certification is underway on the upgraded XLS+, which will feature the Collins Pro Line 21 avionics suite and FADEC engines from Pratt & Whitney.

Exterior and interior restyling is also integrated into the new model, most prominently the extended contour of the nose and expanded seat widths, both introduced to more closely resemble Cessna's Citation X and Citation Sovereign models. The Citation XLS+ will travel as fast as 440 knots, have a range of more than 1,800 nautical miles, climb direct to 45,000 feet in 29 minutes and land on runways as short as 3,180 feet at its maximum landing weight, and 2,700 feet at its typical landing weight.

About Cessna Aircraft Company
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2007, Cessna delivered 1,272 aircraft, including 387 Citation business jets, and reported revenues of about $5 billion. Cessna has a current backlog of $12.6 billion. Since the company was originally established in 1927, some 190,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 5,100 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.

About Textron Inc.
Textron Inc. is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, 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 Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.

Forward-looking Information: Certain statements in this release are forward-looking statements and speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including but not limited to the following: [a] changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; [b] the interruption of production at our facilities or at our suppliers' facilities; [c] the timing of new product launches and certifications of new aircraft products; [d] the occurrence of slowdowns or downturns in customer markets in which our products are sold or supplied; [e] changes in aircraft delivery schedules or cancellation of orders; [f] the launching of significant new products or programs which could result in unanticipated expenses; [g] changes in national or international government policies on the export and import of commercial products; and [h] bankruptcy or other financial problems at major suppliers that could cause disruptions in our supply chain.

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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