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Cessna Citation Mustang Continues Testing to Commercial Airliner Standards Print E-mail
Farnborough, England, July 17, 2006Cessna Aircraft Company, a unit of Textron Inc. (NYSE: TXT), does more comprehensive and exhaustive testing on its aircraft than any other general aviation manufacturer. The Cessna Citation Mustang has completed five lifetimes of structural fatigue testing, qualifying it as a no-life-limit airframe.

“Cessna consistently goes beyond what is required when testing and certifying an aircraft, often more than doubling or tripling the hours or cycles considered baseline for certification,” said Russ Meyer III, Citation Mustang Program Manager. “For example, instead of the fatigue test article completing the baseline durability test of two lifetimes (30,000 hours) with no damage to the aircraft structure, we will continue testing to five lifetimes (75,000 hours). Many parts of the aircraft are tested to the same levels as commercial airliners. Ensuring Cessna customers have the safest possible aircraft is always our top priority.”

The following is an update on testing and certification activities for the Citation Mustang.
• FAA certification tests that have been completed include:
o Flight envelope expansion to maximum airspeeds
o Aircraft stability and control
o Environmental chamber testing (from -40 degrees to 120 degrees Fahrenheit)
o Autopilot certification
o Climb certification
• FAA certification tests in progress include:
o Natural icing (flight into known icing)
o Garmin G1000 avionics
o Aircraft performance
o Engine handling and operation
• More than 3,100 hours have been accumulated on the Mustang’s Pratt & Whitney Canada PW615F dual-channel FADEC engine. Pre-certification development is complete on the engines. The engine has been certified in Canada.
• Static testing is more than 95 percent complete.
• The main landing gear surpassed its goal of 75,000 landings, reaching more than 100,000 landings. The nose landing gear has 45,000 landings out of 75,000.
• Structural fatigue testing is complete with 75,000 aircraft cycles.

Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2005, Cessna delivered 1,157 aircraft and reported revenues of about $3.5 billion. Since the company was originally established in 1927, more than 187,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of more than 4,500 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.

Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 employees in continuing operations. The company leverages its global network of aircraft, 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, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

Forward-looking Information: Certain statements in this report and other oral and written statements made by Textron from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or project revenues, income, returns or other financial measures. These forward-looking 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 forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the following: [a] changes in worldwide economic and political conditions that impact interest and foreign exchange rates; [b] the interruption of production at Textron facilities or Textron’s customers or suppliers; [c] Textron's ability to perform as anticipated and to control costs under contracts with the U.S. Government; [d] the U.S. Government's ability to unilaterally modify or terminate its contracts with Textron for the Government's convenience or for Textron's failure to perform, to change applicable procurement and accounting policies, and, under certain circumstances, to suspend or debar Textron as a contractor eligible to receive future contract awards; [e] changes in national or international funding priorities and government policies on the export and import of military and commercial products; [f] the adequacy of cost estimates for various customer care programs including servicing warranties; [g] the ability to control costs and successful implementation of various cost reduction programs; [h] the timing of certifications of new aircraft products; [i] the occurrence of slowdowns or downturns in customer markets in which Textron products are sold or supplied or where Textron Financial offers financing; [j] changes in aircraft delivery schedules or cancellation of orders; [k] the impact of changes in tax legislation; [l] the extent to which Textron is able to pass raw material price increases through to customers or offset such price increases by reducing other costs; [m]Textron’s ability to offset, through cost reductions, pricing pressure brought by original equipment manufacturer customers; [n] Textron's ability to realize full value of receivables and investments in securities; [o] the availability and cost of insurance; [p] increases in pension expenses related to lower than expected asset performance or changes in discount rates; [q] Textron Financial’s ability to maintain portfolio credit quality; [r] Textron Financial’s access to debt financing at competitive rates; [s] uncertainty in estimating contingent liabilities and establishing reserves to address such contingencies; [t] performance of acquisitions; [u] the efficacy of research and development investments to develop new products; [v] bankruptcy or other financial problems at major suppliers or customers that could cause disruptions in Textron’s supply chain or difficulty in collecting amounts owed by such customers; and [w] Textron’s ability to execute planned dispositions

Original Article

 
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