Cessna Service Centers Introduce Satellite Inventory Initiative

November 19, 2007

Wichita, KS - November 19, 2007 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, today announced a new satellite inventory initiative for Cessna-owned Citation Service Centers.

The new initiative features a centrally managed inventory system which makes the inventory equally available and accessible by all centers regardless of their location. A revised inventory and warehouse management software at Citation Parts Distribution was designed to improve communication between the service centers. This new system allows each center easy access to inventory availability at any Cessna-owned facility. Previously, each center managed its own inventory.

A two-year study of repeat orders was conducted to establish inventory requirements for common parts. Supplies are stocked based on this study with a target for immediate parts availability 80-85 percent of the time. For the remainder, next day delivery from the central parts inventory is most likely available.

“Much work has been done to streamline our parts inventory and distribution,” said Jack Stiffler, vice president, Citation Parts Distribution. “The centralized inventory management strategy, revised processes and alignment of the inventory has increased the aggregate capacity of inventory at our service centers and improved their efficiency. The end result is improved customer service, which is always our ultimate goal.”

The new program has also established common processes and warehouse layouts for all the centers to improve efficiency. Conformity is expected at all Cessna-owned Citation Service Centers by the beginning of 2008.

About Cessna Aircraft Company
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. Cessna has a current backlog of $11.9 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 5,000 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at http://www.cessna.com.

About Textron Inc.
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 http://www.textron.com.

Connect with Textron IR

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

Email Alert

Enter your Email *
Mailing Lists *

Enter the code shown above.