News Releases
McCauley Gains ASTM Compliance on Composite Prop for Skycatcher
WICHITA, Kan., July 14, 2010 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today its McCauley Propeller Systems division has achieved ASTM compliance for a new two-blade, fixed-pitch composite propeller for the 162 Skycatcher.
"This is the first of a planned family of composite propellers we have in development, designed for a range of aircraft," said McCauley Vice President and General Manager Peter Wilkinson. "We're excited to have this announcement come on the heels of our consolidation of McCauley."
The 1L100 is a new all composite fixed-pitch propeller specifically designed for the Skycatcher's Teledyne Continental Motors O-200D engine. It consists of a continuous fiber, single piece design giving it high strength as well as light weight. McCauley will continue testing to gain Federal Aviation Administration CFR Part 35 certification, making the propeller available to a wider range of aircraft.
Cessna consolidated its McCauley operations in early July to better focus resources on development programs such as the 1L100. McCauley is owned by Cessna Aircraft Company.
Photo - McCauley 1L100 Propeller and 162 Skycatcher
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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.
