University of North Dakota Orders Cessna Citation Mustang

September 24, 2007
Atlanta, GA - September 24, 2007 - The University of North Dakota today announced it has ordered a Citation Mustang from Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, becoming the first flight school to order a Citation Mustang.

The school will use this entry level Citation jet for executive travel as well as flight training for undergraduate and contract students.

The university's John D. Odegard School of Aerospace Sciences (UND Aerospace) has offered aviation degrees for 40 years and is an international leader in collegiate and contract aviation education. On average, enrollment of flight students tops 1,000 and total flight training hours surpasses 100,000 each year.

"We're excited to add a Mustang to our fleet of more than 120 aircraft," said Bruce A. Smith, dean of UND Aerospace and president of the UND Aerospace Foundation. "We expect the Mustang to be a great recruiting tool for the school and an amazing opportunity for students as they transition from pistons and turboprops to flying jets."

"UND is the first flight training school to order the new Citation Mustang," said Mick Hoveskeland, Cessna's vice president, Administration. "Students will benefit from the exposure to state-of-the-art engines and the latest in large-format glass-cockpit flight displays and integrated systems."

The Mustang became the first of a new category of entry-level jets to achieve full certification from the Federal Aviation Administration (September 2006) and the European Aviation Safety Agency (May 2007). Twenty-seven have been delivered after assembly at Cessna's facility in Independence, Kan., where a total of 44 Mustangs are scheduled to be delivered by year's end. By 2009, production is expected to reach 150 per year.

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, 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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