Orlando, Florida - October 16, 2006 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, will celebrate its 80th year in 2007.

Since the company was originally established in 1927, more than 187,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 4,500 Citations is the largest fleet of business jets in the world.

In its nearly 80-year history, Cessna has produced 43 single engine piston models, 18 multi-engine models and 19 models of business jet aircraft. Cessna has continued to lead the industry by certifying and bringing to market more jets than any other manufacturer. The Citation business jet fleet now has more than 19 million flight hours.

Cessna currently manufactures nine business jet models, ranging from the newest edition, the six-seat Citation Mustang, to the world's fastest civil aircraft, the Citation X. Cessna manufactures three piston-powered aircraft – the 172 Skyhawk, 182 Skylane and 206 Stationair – plus the unmatched Caravan turboprop aircraft. The 172 and 182 are celebrating their 50th anniversary in 2006. With more than 42,500 172 Skyhawks produced, it is the highest-volume commercial airplane ever made.

More than half the general aviation aircraft flying today are Cessnas. Worldwide, Cessna employs more than 12,000 people in the design, manufacturing, sales, marketing and support of its products. Manufacturing operations are located in Wichita and Independence, Kan., Columbus, Ga., and Chihuahua, Mexico.

In addition to Cessna delivering more aircraft than any other manufacturer, more people have learned to fly in Cessnas than in any other aircraft. More than half a million people have learned to fly through Cessna's worldwide network of nearly 300 Cessna Pilot Centers (CPCs) since the concept was introduced more than 30 years ago.

Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2005, Cessna delivered 1,157 aircraft and reported revenues of about $3.5 billion. Since the company was originally established in 1927, more than 187,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 4,500 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.

Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 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, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.