It offers the flying characteristics of the EA-300, is capable of all unlimited maneuvers, and makes a great all-round training/sports aerobatic aircraft.

The Extra 200 has a welded steel (4130) tube fuselage covered in fiberglass and fabric with a carbon/glass hybrid composite empennage (i.e., the tail assembly, including the horizontal and vertical stabilizers, elevators, and rudder), and a bubble canopy.

The monocoque wings have a carbon fiber composite spar with fiberglass skins and an integral fuel tank.

The landing gear is fixed taildragger style with composite main legs and fiberglass wheel pants.

The piston-engined powerplant is a fuel-injected Lycoming AEIO-360-A1E that produces 200 horsepower (149 kW), and it is equipped with a 3-bladed constant-speed MTV-12-B-C/C 183-17e propeller made of laminated wood encased in glass-fiber reinforced plastic.