Textron Names Scott A. Ernest President and CEO of Cessna

May 31, 2011

PROVIDENCE, R.I., May 31, 2011 (BUSINESS WIRE) -- Textron Inc. (NYSE:TXT) today announced that Scott A. Ernest has been named president and chief executive officer of Cessna Aircraft Company, Textron's general aviation business. Ernest will report to Textron Chairman and Chief Executive Officer, Scott C. Donnelly and succeeds Jack J. Pelton, whose retirement from the company was announced on May 2.

Ernest joins Textron as a 29-year veteran of General Electric Company, where he most recently served as vice president and general manager, global supply chain for GE Aviation, a $16 billion leading provider of jet engines, components and integrated systems for commercial and military aircraft. Previously, Ernest was vice president and general manager, global services operations for GE Aviation's $6 billion services business. His career at GE Aviation also includes several general manager roles ranging from overseeing its sourcing organization to responsibility for its North American operations and large aviation services businesses located in Singapore and Strother, Kansas.

"Scott is a talented global business leader who has strong expertise in the aviation industry," said Donnelly. "Accelerating Cessna's new product and service development, strengthening its manufacturing and sourcing operations, and intensifying its global expansion efforts are key to moving Cessna forward. Scott brings an extensive track record of success in these areas along with a reputation as an outstanding leader. I am confident that he is the ideal person to position Cessna for growth as the business jet market gains momentum."

Ernest earned a bachelor of science degree in mechanical engineering from the University of Akron and a master of science degree in engineering from the University of Cincinnati.

About Cessna Aircraft Company
Cessna is the world's leading general aviation company. Since its inception in 1927, Cessna has designed, produced and delivered more than 192,500 airplanes around the globe. This includes more than 6,100 Citation business jets, making it the largest fleet of business jets in the world. Today, Cessna has two principal lines of business: aircraft sales and aftermarket services. Aircraft sales include Citation business jets, Caravan single-engine utility turboprops, single-engine piston aircraft and lift solutions by CitationAir. Aftermarket services include parts, maintenance, inspection and repair services. In 2010, Cessna delivered 535 aircraft, including 179 Citation business jets, and reported revenues of $2.6 billion. More information about Cessna Aircraft Company is available at cessna.com.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, 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, and Textron Systems. More information is available at www.textron.com.

SOURCE: Textron

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