Cessna Citation Mustang Achieves Full-Rate Production

October 05, 2008

Orlando, FL - October 5, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, this month will achieve its planned full-rate production level on the Citation Mustang.

Cessna will average three Mustangs rolling off the production line each week at its Independence, Kan., manufacturing facility. At full rate, employees on the Mustang line are scheduled to deliver 150 entry-level business jets per year starting in 2009.

“Not only have we met our goal on production, our Independence workforce is doing it with Cessna’s usual high quality,” said Ron Alberti, Cessna senior vice president, Integrated Supply Chain. “We’ve really pioneered integration of the Textron Production System, based on well-known Lean principles, resulting in high quality and efficient production. It’s fairly common now for us to deliver a squawk-free airplane.”

The Citation Mustang, along with the entire line of Citation business jets, is on display this week at the National Business Aviation Association Meeting and Convention.

The current fleet of Citation Mustangs totals roughly 115 aircraft that have accumulated more than 19,000 flight hours, and the high-time aircraft has logged more than 500 hours.

The six-place Citation Mustang has a top speed of 340 knots (630 kilometers per hour), a range of 1,150 nautical miles (2,130 kilometers) with NBAA IFR Reserves and a service ceiling of 41,000 feet (12,497 meters), enabling more efficient operations above most weather and commercial traffic. The aircraft features a Garmin G1000 system that includes two 10-inch primary flight displays, one 15-inch multi-function display and the integrated GFC700 dual-channel, fail passive, digital autopilot.

About Cessna Aircraft Company
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2007, Cessna delivered 1,272 aircraft, including 387 Citation business jets, and reported revenues of about $5 billion. Cessna has a current backlog of $16 billion through June 30, 2008. Since the company was originally established in 1927, some 191,000 Cessna airplanes have been delivered around the world, including more than 5,400 Citations, making it 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 a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, defense and intelligence, 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 release 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 our facilities or at our suppliers’ facilities; [c] the timing of new product launches and certifications of new aircraft products; [d] the occurrence of slowdowns or downturns in customer markets in which our products are sold or supplied; [e] changes in aircraft delivery schedules or cancellation of orders; [f] the launching of significant new products or programs which could result in unanticipated expenses; [g] changes in national or international government policies on the export and import of commercial products; and [h] bankruptcy or other financial problems at major suppliers that could cause disruptions in our supply chain.

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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