Cessna Takes $87 Million Citation Order at CBAA from Execaire

June 20, 2008
Wichita, KS - June 20, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at the 47th annual Canadian Business Aviation Association convention and trade show, an order from Execaire for nine Citations.

The order consists of four Citation Mustangs, three Citation Sovereigns, and two Citations XLS+ aircraft. Canada-based Execaire, one of North America's oldest corporate aircraft companies, has managed maintained and operated aircraft for more than 40 years. Execaire is an authorized Cessna sales representative, parts distributor and Citation Service Center with facilities at Toronto's Lester Pearson International Airport.

"Execaire really knows the Canadian market, so this order is a good indication of the strength of business aviation in the country," said Todd Duhnke, Cessna director, International Sales. "More and more Canadian businesses are seeing Citation business aircraft as a tool to really enhance productivity, allowing employees to travel to where they want to go, not to just where the airlines travel, and to set their flight schedules based on individual business needs.

"Citations are particularly well suited for Canadian operations as they can use almost all of the airports in Canada, many in remote locations and many as short as 3,500 feet," Duhnke said.

Deliveries of the aircraft are expected to begin in 2010.

The Citation models ordered represent three best-selling Cessna business jet models. The Citation Mustang, the world's only fully operational entry level jet, recently surpassed the 500 order mark. Cessna is expected to deliver about 100 Mustangs in 2008 and ramp up to about 150 deliveries in 2009.

The Citation XLS+ is the latest version of the world's best-selling business jet. The XLS+ version received FAA certification in May. The Citation Sovereign is one of Cessna's largest aircraft and has enjoyed operational success in every part of the world.

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 $14.5 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 5,100 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at 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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