E-Z-GO 2006 Annual Report Download - page 6

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4
... and preparing
for tomorrow’s growth.
Textron’s ability to anticipate and manage
change will demonstrate the true
power of our networked enterprise to create
enduring value.
In a challenging aerospace and defense market, Bell worked to
resolve logistical issues, setting the stage for future growth. In
early 2007, Richard J. (Dick) Millman was named the new presi-
dent and CEO of Bell Helicopter and head of the Bell segment
to help take Bell to this next level of growth. Dick has a 20-year
record of excellence in growth and operations management at
Textron, combined with deep expertise and familiarity with our
government customers. Frank Tempesta was promoted to replace
Dick as president of Textron Systems.
In 2007 and beyond, research and development will put Bell at
the forefront of the vertical lift industry. We are exploring acci-
dent avoidance technologies, which will enhance operator safety.
Investments in development and delivery at our Mirabel, Canada
facility will enable production of aircraft used in high-demand
commercial applications.
Our defense products are poised for a leadership role in U.S.
military strategy, which increasingly relies on technology to mini-
mize casualties. Our purchase of Overwatch Systems demon-
strates our portfolio strategy in action at Textron Systems. Their
expertise complements our existing intelligent munitions systems
and will create signifi cant growth in that area. Going forward, we
will provide products for the entire chain of precision engage-
ment: collecting information securely, understanding the data
gathered and neutralizing a threat with limited risk.
Cessna Segment
Cessna delivered the fi rst Citation Mustang in 2006, bringing jet
ownership comfortably within reach of a new segment of custom-
ers. The Mustang leads the new entry-level business jet class as
the fi rst to achieve full FAA Type Certifi cation and fi rst customer
delivery. We’ve taken orders for more than 250 of this competi-
tively priced jet and expect to deliver 40 units in 2007.
We delivered the 100th Citation Sovereign this year, demonstrating
Cessna’s strong competitive position. According to industry owner-
ship data, our presence in the mid-size jet segment has grown to
35 percent since the popular Sovereign was introduced in 2003.
Other 2006 milestones include the 500th XLS delivery and the
100th delivery of the Citation CJ3, another best-selling Cessna jet.
In 2007, Cessna will celebrate its 80th year and deliver the
5,000th Citation. This is a testament to Cessna’s leadership role