August 10, 2012

Cessna Renames New Turbo Skylane Aircraft

WICHITA, Kan., Aug 10, 2012 — Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced it is renaming its newest single engine product. The jet-fuel burning turbo aircraft announced at the EAA/AirVenture in Oshkosh, Wis., last week as the Turbo Skylane® NXT will now be called the Turbo Skylane® JT-ATM.

As confirmed by customer feedback at Oshkosh, the name Turbo Skylane® JT-ATM better captures and reflects the innovative features of the new plane than the NXT designation. It was also brought to Cessna’s attention shortly after the announcement of the Turbo Skylane® NXT that there was a previous use of the NXT name in the aviation industry of which Cessna had not been aware. Cessna both respects the trademark rights of others and desires to obtain registered trademark status on its name for this important new product.

Deliveries for the Turbo Skylane® JT-ATM are still expected to commence in the first quarter of 2013.

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About Cessna
Cessna is the world's leading general aviation company. Since its inception in 1927, Cessna has designed, produced and delivered more than 193,500 airplanes around the globe. This includes more than 6,300 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 2011, Cessna delivered 689 aircraft, including 183 Citation business jets, and reported revenues of $2.990 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.