Singapore-Headquartered BJETS Orders 20 Citation CJ2+ Business Jets

February 19, 2008
Singapore - February 19, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at the Singapore Airshow that private aviation services provider BJETS has placed an order for 20 Citation CJ2+ business jets valued at approximately US$150 million.

"BJETS will be the first pan Asian fractional operator using its own fleet of aircraft to offer traditional block charter and fractional ownership services," said BJETS Managing Director and Founder Bala Ramamoorthy. "There is an acute shortage of these services in Asia, and as wealth continues to grow in the region, we believe the demand will continue to increase dramatically," he added.

The CJ2+ seats up to eight passengers and is powered by two Williams FJ44-3A powerplants, each generating 2,490 pounds of thrust. It has a range of 1,613 nautical miles and a maximum cruise speed of 418 knots.

According to Cessna's Senior Vice President of Sales and Marketing Roger Whyte, "Cessna is very proud to supply BJETS Citations which will constitute the backbone of their fleet. The outstanding runway performance of the CJ2+ will open many additional airports in Asia which are not accessible to airlines or other business jets."

Cessna has delivered more than 1,000 Citation CJ aircraft worldwide since 1992.

About BJETS
BJETS is a private company that provides innovative business aviation services to corporations and high net-worth individuals in Asia. Offering their services in India and Southeast Asia, the new company is based in Mumbai, India and Singapore, with a flight operations center based in the new Hyderabad International Airport in India, and focuses on fractional, block charter and aircraft management services. Operations in India are scheduled to begin by the end of the first quarter 2008. BJETS was founded by entrepreneur Bala Ramamoothry and the Tata Group, one of India's largest and most respected business conglomerates. Mark Baier, a well known and highly experienced leader in the business aircraft industry, will lead BJETS as CEO.

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 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, 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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