Cessna Citation Mustang Reaches 400 Aircraft

January 27, 2012

Wichita, KS – January 27, 2012 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, rolled its 400th Citation Mustang off the assembly line at its Independence, Kan., facility. This milestone was accomplished in a little more than five years since the Mustang's first delivery in November 2006.

"What an achievement for Cessna and for the employees in Wichita and Independence who engineer, design, support and manufacture this great airplane," said Brian Rohloff, Cessna's Citation Mustang and M2 business leader. "Mustang sales remain strong, pilots like its ease of operation and low operating costs — it's a compelling airplane, designed and built with Cessna ingenuity and pride."

The Mustang's most common use is corporate business or personal travel. Its second most common use is air taxi service. In growing popularity, the Mustang is also being used for special missions as medical air transport and as an airline flight training tool.

"Having the Mustang in our fleet is a great way to get pilots into a jet for the first time — when they get behind the controls, the excitement is written all over their face," said Rohloff. "Then, when they are ready to move up, the rest of our Citation fleet is right there waiting."

The worldwide fleet of Mustangs is averaging 480 hours, with 45 Mustangs having accumulated more than 1,000 hours each. High time Mustangs are 1,600 hours (typical operation) and 2,200 hours (fleet operation).

The Citation Mustang is the world's first fully certified entry-level business jet. The program was announced at the 2002 National Business Aviation Association convention and the aircraft made its first flight in April 2005, received FAA type certificate in September 2006 and celebrated its first delivery in November 2006. Coming in at just over $3 million (2012 delivery), the Mustang features Garmin avionics, Pratt & Whitney Canada engines and boasts a maximum 1,100-nautical mile range.

More information on the Mustang can be found on the Citation Mustang page on Cessna's website.

Also, visit our gallery of Mustang images.

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 textron.com.

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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