Egypt's Smart Aviation Orders Five Cessna Citation Sovereigns

November 11, 2007
Dubai, United Arab Emirates - November 11, 2007 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at the Dubai Airshow that Smart Aviation has placed an order for five Citation Sovereign aircraft worth more than $80 million. The aircraft will be delivered through 2009.

Smart Aviation is a business jet charter operator based in Cairo, Egypt. The company is part owned by EgyptAir and began operating in early 2007 with a single Citation Sovereign.

“Smart Aviation is Egypt's first corporate jet operator to cater to businessmen, politicians and for personal and executive air travel. The Citation Sovereign has proven to be ideally suited to our customers' needs and we look forward to bringing these additional aircraft into service,” said Smart Aviation Chief Executive Sameh Anwar.

Cessna has delivered more than 5,000 Citation business jets, more than any other manufacturer.

“We are delighted with this order from Smart Aviation, which demonstrates how well suited the Citation Sovereign is to the needs of the Middle East market with its spacious cabin, significant stowage capacity and APU that allows air conditioned comfort on the apron independent of ground power sources,” said Cessna Vice President, International Sales Trevor Esling.

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.

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

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

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