New Citation X First Production Unit Makes Debut

April 15, 2013

Wichita, KS - April 15, 2013 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, rolled out its first production unit of the new Citation X at the company's Wichita, Kan., manufacturing facility. The new aircraft was first announced at NBAA in 2010. The new Citation X is best known for its top speed of Mach 0.935, making it the fastest civilian aircraft in the world.

"Speed is the reason for flight. It was true for Clyde Cessna in 1927, and it's true today," said Scott Ernest, Cessna CEO. "The Citation X is the perfect aircraft for customers wanting to move faster, be more efficient and get where they need to be more quickly than ever before."

Employees at Cessna's Wichita manufacturing facility celebrated the rollout. "It is exciting to see this new Citation X roll out the door. The improved capability and features of this aircraft have been received very favorably, especially with the new maximum speed of Mach 0.935. Being part of the fastest business jet in aviation is exciting for Cessnans," said Kelly Reich, business leader for the Citation X. "Cessnans take great pride in this aircraft. It is especially satisfying to see the improvements in performance and features that have been incorporated in the new Citation X."

The increased speed is not the only improvement for the flagship of the Citation fleet. The Citation X provides a lengthier cabin and a longer range of 3,242 nm. The increased range translates into an aircraft which can easily handle the flight from New York to London. The cockpit is equipped with the groundbreaking Garmin G5000 integrated avionics package, featuring three 14" primary displays and four touch screen controllers for data entry and systems control.

More than 675 flight hours have been logged on two test aircraft in the Citation X program. Cessna expects certification later this year with customer deliveries starting shortly thereafter.

The Citation X is expected to have a maximum altitude of 51,000 feet, allowing the aircraft to fly above commercial traffic or adverse weather. Perhaps the most distinct outward difference with the evolved Citation X are the winglets at the tips of the main wing which allow the aircraft to cruise efficiently at higher altitudes, allow for lower fuel consumption, and improve takeoff and landing performance at higher elevations or on hot days.

Images from the new Citation X rollout:

http://textron.vo.llnwd.net/o25/CES/releases/CitationX.jpg

http://textron.vo.llnwd.net/o25/CES/releases/CXPU_0010.jpg

http://textron.vo.llnwd.net/o25/CES/releases/CXPU_0027.jpg

http://textron.vo.llnwd.net/o25/CES/releases/CXPU_0061.jpg

http://textron.vo.llnwd.net/o25/CES/releases/CXPU_2.jpg

About Cessna
Cessna is the world's leading general aviation company. Since its inception in 1927, Cessna has designed, produced and delivered nearly 200,000 airplanes around the globe. This includes 6,500 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 2012, Cessna delivered 571 aircraft, including 181 Citation business jets, and reported revenues of $3.111 billion. More information about Cessna Aircraft Company is available at cessna.com.

About Textron
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.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements 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 statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the risk that the parties will not reach agreement on the specific terms of new joint ventures or that the timing of establishing the new business ventures is delayed; risks and uncertainties related to the launching of new products or programs which could result in unanticipated delays or expenses; performance issues with key suppliers, subcontractors or business partners; changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; risks and uncertainties related to establishing new facilities; and risks related to doing business internationally.

Contact

Andy Woodward
Phone: +1 316 517 1927
Email: awoodward@cesna.com

Stephanie Harder
Phone: +1 316 517 6488
Email: sharder@cessna.com

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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