Cessna Marks Recent Milestones for Citation Mustang

June 18, 2007

Paris, France - June 18, 2007 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, marks its return to the Paris Air Show with a number of milestones for its Citation Mustang, including European Aviation Safety Agency (EASA) certification, steep approach certification and new customer deliveries.

The Citation Mustang is the first new-generation entry level business jet to be certified in Europe, and was the first to win full U.S. Federal Aviation Administration certification.

"The Citation Mustang has met or exceeded every performance objective established when we announced the program in 2002," said Cessna's Chairman, President and CEO Jack J. Pelton. "The Mustang is proving its capability in the United States where several owner-operators are currently flying their new airplanes. We're looking forward to starting deliveries of the Mustang in Europe later this summer."

The Citation Mustang gained EASA certification last month, along with steep approach certification. This milestone enables the Mustang to land at airports with instrument approaches steeper than a 4.5 degree approach angle. Steep approach certification is the first step in the approval process at airports such as London City in England, which has a glide slope angle of 5.5 degrees, and requires special authorization through the airport administration for both the aircraft and the pilots landing there.

The Mustang achieved full FAA certification in September 2006 and deliveries began in November. Cessna has delivered eight of a total of 40 to be delivered in 2007. Cessna will ramp up production at its Independence, Kan., production facility to 150 Mustangs per year by 2009.

The six-place Citation Mustang has a top speed of 644 km per hour (nearly 400 mph/340 ktas), a range of 1,150 nm (2,130 km/1,323 statute miles - NBAA IFR Reserves) and a service ceiling of 12,500 m (41,000 ft).

Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2006, Cessna delivered 1,239 aircraft, including 307 Citation business jets, and reported revenues of about $4.2 billion and a backlog of $8.5 billion. Since the company was originally established in 1927, more than 189,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 5,000 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 an $11 billion multi-industry company operating in 32 countries with approximately 40,000 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 report 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 Textron facilities or Textron's customers or suppliers; [c] the occurrence of slowdowns or downturns in customer markets in which Textron products are sold or supplied or where Textron Financial offers financing; and [d] changes in aircraft delivery schedules or cancellation of orders.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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