Textron Aviation celebrates first delivery of the new Cessna SkyCourier to launch customer FedEx ...

Textron Aviation celebrates first delivery of the new Cessna SkyCourier to launch customer FedEx Express

WICHITA, Kan. (May 9, 2022) - Textron Aviation today announced the first delivery of the Cessna SkyCourier twin utility turboprop to FedEx Express. This is the first of 50 freighter aircraft that global logistics firm FedEx Express ordered as the Cessna SkyCourier's launch customer. The clean-sheet aircraft achieved Federal Aviation Administration (FAA) type certification in March 2022.

The Cessna SkyCourier is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company.

"The result of four-and-a-half years of collaboration with Textron Aviation on this aircraft, FedEx Express is excited to add the Cessna 408 SkyCourier as part of our fleet modernization program," Struminger added.

About the Cessna SkyCourier

The Cessna SkyCourier twin-engine, high-wing turboprop offers a combination of performance and lower operating costs for air freight, passenger and special mission operators. In addition to the freighter version, there is a 19-passenger variant of the SkyCourier that includes separate crew and passenger entries for smooth boarding, as well as large cabin windows for natural light and views. Both configurations offer single-point pressure refueling to enable faster turnarounds.

The aircraft is powered by two wing-mounted Pratt & Whitney PT6A-65SC turboprop engines and features the McCauley Propeller C779, a heavy-duty and reliable 110-inch aluminum four-blade propeller, which is full feathering with reversible pitch, designed to enhance the performance of the aircraft while hauling large loads. The SkyCourier is operated with Garmin G1000 NXi avionics. It has a maximum cruise speed of more than 200 ktas and a 900 nautical-mile maximum range. The aircraft features a large door and a flat floor cabin, and the freighter version can hold up to three LD3 shipping containers with an impressive 6,000 pounds of payload capability.

TRU Simulation + Training Inc., an affiliate of Textron Aviation Inc., recently announced

that its Cessna SkyCourier Full-Flight Simulator (FFS) earned Level D qualification from the FAA, which allowed pilot training for the SkyCourier to begin.

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About Textron Aviation

We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.

For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.com.

About Textron Inc.

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, Cessna, Beechcraft, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.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 demand softness or volatility in the markets in which we do business.