September 26, 2013

Cessna Citation Latitude Fuselage Undergoes Wing Mate

WICHITA, KAN., Sep 26, 2013 – Cessna Aircraft Company, a Textron Inc. (NYSE:TXT) company, is today celebrating the successful completion of the wing mate on the Citation Latitude first test article. This achievement is another program milestone for the Latitude as it approaches its first prototype flight expected in the first quarter of 2014. The Latitude was announced at the National Business Aviation Association’s Business Aviation Convention and Exhibition (NBAA) in October 2011.

Terry Shriner, Cessna business leader for the Latitude, says: “It is very rewarding to see an aircraft take shape that, until now, you’ve only seen on paper, and the Latitude team is enthusiastically looking forward to the prototype’s first flight in a few months. This is an exciting project for customers as well, as the Latitude design is driven in part by customer input on performance and cabin amenities. Cessna has always been known for our dedication to the customer, and the Latitude is a perfect example of this commitment.”

Kriya Shortt, Cessna senior vice president of Sales, says: “We started with a clear vision for the Latitude – to make the widest Citation, engineered with the performance, luxury and value for which Cessna Citation jets are well known. Now we have seen the Latitude make the leap from concept to reality. This is a fantastic aircraft that will set a new standard for the mid-size category of business jets.”

The wingspan on the Latitude will be 72 ft 4 in (22.05 m), while the aircraft will measure 20 ft 11 in (6.38 m) in height. The Latitude is designed to fly two crewmembers and up to nine passengers to 43,000 ft (13,106 m) in just 23 minutes. The aircraft will have the widest cabin of any Citation jet, has a 6 ft (1.83 m) cabin height, and will be equipped with Cessna’s Clairity™ cabin management system.

Passengers on the Latitude will be able to fly non-stop between such cities as Los Angeles and New York., Houston, Texas and Bogotá, Colombia, Rome to Dubai, and Singapore to Beijing. Visit Cessna.com to learn more about the Citation Latitude.

Citation Latitude wing mate #1
Citation Latitude wing mate #2
Citation Latitude wing mate #3
Citation Latitude wing mate #4
Citation Latitude wing mate #5
Citation Latitude wing mate #6

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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.