Recovery seen in late 2010  January 28, 2010    Textron
estimates 2010 revenues will be approximately $10.8 billion,
reflecting top-line growth in its Bell, Textron Systems, and
Industrial segments, partially offset by decreases in revenue at
Cessna and Textron Finance.  Cessna was able to limit losses
through lower selling and administrative expenses, largely
because of workforce reductions in 2009, the benefit of
forfeiture income from order cancellations, and a decrease in
write-downs of pre-owned aircraft inventory. The largest order
cancellation came from a single customer and amounted to $1.7
billion. Used aircraft prices were mostly flat with a few bright
spots for some models. Aircraft usage by customers increased
slightly.  For the year there were 289 deliveries including 125
Cessna Mustangs. That is down significantly from the previous
year’s 467 aircraft. In 2010, it is expected there will be 225
deliveries including 105 Mustangs.  Cessna’s backlog at the end
of the fourth quarter was $4.9 billion,