GENEVA, Switzerland, May 3, 2010 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, said today at the European Business Aviation Convention and Exhibition it will begin construction of its new Citation Service Center in Valencia, Spain, in January 2011.

Cessna executives also announced Jacobs Engineering Group Inc. (NYSE:JEC), a global company based in California, will design and build the new center, scheduled to begin operations in 2012. Jacobs is managing the project through its office in Madrid.

“There are some 400 Citations within a 90-minute radius of the Valencia airport, making it a prime location that will greatly enhance service options for our European operators,” said Jack Pelton, Cessna chairman, president and CEO. “The cooperation from Spanish authorities at all levels has been outstanding.”

The new facility in Valencia will augment the Cessna Citation Service Center in Paris. It will include 6,000 square meters (64,000 square feet) of hangar space and about 8,200 square meters (88,264 square feet) of office, storage and shop space.

Cessna plans to begin hiring employees next year and will work with FlightSafety International to fulfill maintenance training requirements.

Cessna also announced at EBACE it will activate its first European Mobile Service Unit later this year. The MSU will provide local customer service for southern Europe as part of ServiceDirect, which brings Citation service to the customer’s hangar. Additionally, Cessna opened its European Citation parts distribution center in 2009 to offer faster delivery throughout the region.

High Resolution Image: Cessna Citation Service Center in Valencia – Artist Rendering
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Cessna is the world’s leading general aviation company, based on unit sales, with five major lines of business: Citation business jets, Caravan single-engine turboprops, Cessna single-engine piston aircraft, aftermarket services and lift solutions by CitationAir. In 2009, Cessna delivered 754 aircraft, including 289 Citation business jets, and reported revenues of about $3.3 billion. Since the company was originally established in 1927, more than 192,000 Cessna airplanes have been delivered around the world, including more than 6,000 Citations, making it 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 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 www.textron.com.

Forward-looking Information: Certain statements in this release are forward-looking statements and 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 but not limited to the following: [a] changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; [b] the interruption of production at our facilities or at our suppliers’ facilities; [c] the timing of new product launches and certifications of new aircraft products; [d] the occurrence of slowdowns or downturns in customer markets in which our products are sold or supplied; [e] changes in aircraft delivery schedules or cancellations or deferrals of orders; [f] the launching of significant new products or programs which could result in unanticipated expenses; [g] changes in national or international government policies on the export and import of commercial products; [h] bankruptcy or other financial or performance problems at major suppliers or subcontractors that could cause disruptions in our supply chain; [i] continued difficult conditions in the financial markets resulting in adverse impacts to our customers, including difficulty in obtaining financing for the purchase of our products; and [j] continued volatility in the economy resulting in a prolonged downturn in the business jet market.