Wichita, KS - April 7, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, today announced that it will offer Garmin's G1000® Synthetic Vision Technology (SVT) on all its G1000-equipped aircraft. The Citation Mustang will be the first business jet to integrate Garmin's SVT, and Cessna expects to offer SVT on the Caravan family and all Cessna single-engine piston aircraft in the future.
Cessna plans to offer SVT for the Mustang as a factory option later this year. Current plans also call for the Garmin system to be available as an option for single-engine piston aircraft and Caravans within a year. In most cases, SVT capability will be available for retrofit to earlier production Cessna G1000-equipped aircraft.
Garmin's SVT brings an entirely new level of situational awareness to the Mustang's cockpit by displaying the aircraft's position on an enhanced topographical database. The combination of synthetic terrain and terrain awareness and warning systems (TAWS) helps pilots identify hazards to their current flight path by displaying terrain and obstacles that pose a threat to the aircraft with the appropriate TAWS terrain alert color. Garmin SVT also includes pathways, or highway-in-the-sky (HITS), which is depicted as three-dimensional rectangles that guide the pilot along enroute legs, VNAV legs, GPS/WAAS vertical approach procedures, ILS approach procedures, and arrival and departure procedures.
The fully functional Garmin G1000 system designed for the Citation Mustang includes two 10-inch primary flight displays and one 15-inch multi-function display. Included in the system is the integrated GFC700 dual-channel, fail passive, digital autopilot. The Mustang was the first aircraft certified to take advantage of WAAS navigation features including WAAS LPV approaches that provide both lateral and vertical guidance. Garmin's G1000 avionics suite also includes SafeTaxi, which gives a graphical representation of the aircraft in the airport environment.
Now certified in 47 countries, the Citation 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). Cessna delivered 45 Citation Mustangs in 2007 and the fleet has accumulated more than 10,500 hours.
The six-place Citation Mustang has a top speed of 340 knots, a range of 1,150 nautical miles (with NBAA IFR Reserves) and a service ceiling of 41,000 feet, enabling more efficient operations above most weather and commercial traffic.
From Cessna's facility in Independence, Kan., the company expects to deliver 100 Mustangs in 2008 and reach its targeted full production rate of about 150 aircraft per year by the end of 2009.
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 $12.6 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, 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.