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Cessna says that it concluded 2002 with the highest revenues in its 75-year history. Year-end deliveries totalled 946, including 307 Citations, 80 Caravans and 559 single engine piston aircraft. Sales revenues totalled $3.2 billion and the year-end order backlog stood at $4.9 billion.
Cessna ceo Russ Meyer said: “In addition to our financial performance, we increased operating efficiencies and met all our delivery commitments. We expect 2003 to be a challenging year, but the Cessna team is focused
on successfully resolving these short-term challenges.”
Upcoming 2003 milestones include the delivery of the 4,000th Citation, FAA certification of the Sovereign and the first flight of the CJ3.