Assembly line flow begins on Citation Latitude program

June 18, 2014

WICHITA, Kan., June 18, 2014 – Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced that it has started full assembly line flow on the Citation Latitude midsize business jet at its manufacturing facilities in Wichita, Kan. The assembly of the Latitude features a variety of technological advancements including the use of new automated robotics and ergonomically friendly tooling stations.

“We are not only bringing technological advances to the design of our new products, but also to the way we manufacture these world-class airplanes,” said Scott Ernest, president and CEO, Textron Aviation. “The Latitude is a perfect example of this, combining a new innovative design with many of the latest advances in manufacturing technology. Beginning production line flow keeps us on target for meeting our commitments to customers who are eager to take delivery of their new Citation Latitude.”

The first production aircraft will serve as the fourth flying prototype as part of the Citation Latitude certification program, which has accumulated 100 flights and nearly 230 hours to date. The Citation Latitude prototype flew for the first time in February and achieved full envelope performance for maximum speed (440 KTAS, 506 mph), Mach speed (0.80) and altitude (45,000 feet) in its third flight. Federal Aviation Administration (FAA) type certification is expected in the second quarter of 2015.

Cessna engineers developed an all-new fuselage for the Citation Latitude, creating the most open, spacious, light and refined cabin environment in the midsize category. The Latitude has the widest fuselage of any Citation jet, a flat cabin floor and 6 feet (1.83 meters) of cabin height. Cessna’s Clairity™ cabin-technology system ties into the Latitude’s advanced avionics center to provide connectivity and entertainment to each passenger through their personal electronic devices.

The Citation Latitude accommodates up to nine passengers, can reach a flight level of 43,000 feet (13,106 meters) in just 23 minutes and has a range of up to 2,500 nautical miles (4,630 kilometers). It is designed with a powerful new cabin cooling system, a pressurization system providing a 6,000-foot (1,829-meter) cabin altitude at the aircraft’s maximum operating altitude of 45,000 feet (13,716 meters), an electronically-operated cabin door and Garmin G5000 avionics and auto-throttle capabilities.

More than 6,600 Citations have been delivered to customers around the world since the first Cessna Citation business jet was put into service in 1972. Citations are the largest fleet of business jets in the world and have surpassed 30 million flight hours.

About Textron Aviation Inc.
Textron Aviation Inc. is the leading general aviation authority and home to the iconic Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation companies include Cessna Aircraft Company and Beechcraft Corporation, bringing together decades of unmatched experience in designing, building and supporting airplanes. It provides the most versatile and comprehensive general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft, and a complete global customer service organization. Its broad range of products include such best-selling aircraft as Citation and Hawker business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s largest global service network. For more information, visit textronaviation.com (http://www.textronaviation.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, and Textron Systems. For more information visit:http://www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements 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 statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; and continued demand softness or volatility in the markets in which we do business.

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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