Citation Latitude order in Chile sets the stage for its FIDAE appearance

April 03, 2018

SANTIAGO, Chile  (April 3, 2018) – Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today confirmed an order for its best-selling Cessna Citation Latitude  business jet, which is expected to deliver to a customer in Chile later this year. The order comes ahead of the Citation Latitude’s arrival at FIDAE 2018, which is being held April 3-8 at the Comodoro Arturo Merino Benítez International Airport in Santiago, Chile.

“The Citation Latitude’s versatility, cabin comfort and class-leading value makes it an ideal aircraft for this region. Latitude customers throughout Latin America have been delighted by this best-in-class aircraft,” said Lannie O’Bannion, regional vice president, sales, Latin America. “Along with the Citation Latitude, we are pleased to bring a strong aircraft lineup to FIDAE and represent the full breadth of our product line capabilities – from defense to turboprops and business jets. There is something here to fit nearly any mission.”

In addition to the Citation Latitude, the company is displaying its commercial and defense products to include the Cessna Citation CJ3+Cessna Citation M2Beechcraft King Air 250Cessna Grand Caravan EX  and the Beechcraft T-6C  military trainer.

Textron Aviation’s presence within Chile and the broader region extends to service and support through its established channel partner, Servicios Aereos Y Terrestres Aviasur S.A.(Aviasur). A longtime channel partner with a proven history of strong customer focus on Citation, King Air and Hawker customers, Aviasur is in the process of adding Citation Latitude, Citation Sovereign and Citation CJ4 models to its existing authorizations, which is expected to be completed by the end of this year.

About Textron Aviation Inc.

Textron Aviation Inc. is the leading general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. Textron Aviation has decades of unmatched experience in designing, building and supporting airplanes. It provides the most versatile and comprehensive general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft, and a complete global customer service organization. Its broad range of products include such best-selling aircraft as Citation and Hawker business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s most capable global service network. For more information, visit www.txtav.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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

About Textron Aviation Defense LLC

When military customers need airborne solutions for their critical missions, they turn to Textron Aviation Defense. Provider of the world’s leading military flight trainer, the Beechcraft T-6 Texan II fleet of nearly 1,000 aircraft has logged more than 3 million hours across nearly a dozen countries worldwide since 1994. Purpose-built for light attack and counter-insurgency missions, the AT-6 Wolverine light attack aircraft capitalizes on a heritage of more than 3 million T-6 Texan II flight hours and an established global logistics infrastructure at a fraction of the acquisition, sustainment and training costs of traditional combat aircraft. Scorpion jet’s unparalleled low acquisition, operating and training costs equip our warfighters with exceptional mission readiness, an 85 cubic ft payload bay, multi-spectral enhanced targeting, and a full array of DoD-proven precision and general purpose munitions with limitless possibilities. Textron’s innovative technologies and advanced engineering techniques equip military customers with the performance, reliability and technological advantage they expect from an industry leader, all backed by the most capable global service network. Visit defense.txtav.com  and scorpionjet.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, changes in aircraft delivery schedules or cancellations or deferrals of orders.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Jeffrey Trivella, Manager,
Investor Relations (401) 457-2288

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