March 14, 2013

Cessna Expands Global Sales Force

WICHITA, Kan., March 14, 2013 — Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today the planned expansion of the company’s worldwide sales force by nearly 50 percent. As part of this effort, the company is placing an emphasis on decentralized satellite offices in global markets where Cessna’s presence is well established or where the company sees opportunity for growth.

“This move is another example of how Cessna is investing in the future. With the largest installed base of aircraft of any general aviation manufacturer, it is imperative that both current customers and those new to aviation have ready access to our team of experts before, during and after the acquisition of their aircraft,” said Scott Ernest, Cessna’s president and CEO. “Just as we’ve put an emphasis on our investments with new products and our global service network, we are continuing to invest in our people and their connections with our valued customers around the world.”

This expansion means Cessna is now hiring qualified sales personnel to complement the team of professionals already in place. A full listing of career opportunities can be found at Cessna.com.

“Hearing the story of Cessna’s breadth of product offerings, impeccable engineering legacy and scope of service offerings allows customers to gain the confidence they need to make an aircraft purchase decision,” said Bob Gibbs, vice president of regional sales, Latin America. “With six new products hitting the market during 2013 and the future introductions of the Citation Latitude and Citation Longitude models, it’s an exciting, dynamic time to be a part of the team.”

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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 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 efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and continued demand softness or volatility in the  markets in which we do business.