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Army Selects Martin UAV, Textron’s AAI Subsidiary for $100M Tactical Drone Contract

Martin UAV and Textron‘s (NYSE: TXT) AAI Corp. subsidiary will compete for orders to provide non-developmental tactical unmanned aerial systems to the U.S. Army under a potential three-year, $99.5M contract. Eleven bids were submitted to Army Contracting Command for the firm-fixed-price contract, which runs through March 27, 2022, the Department …

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Textron Subsidiary to Produce Lot 16 Navy Attack Helicopters Under $440M Contract Modification

Textron’s (NYSE: TXT) Bell Helicopter subsidiary has received a four-year, $439.5M contract modification to build 25 lot 16 AH-1Z twin-engine attack helicopters for the U.S. Navy. Bell Helicopter will also provide 25 stores control units as part of the modification, which exercises an option under a previously awarded fixed-price-incentive contract, the Department …

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Textron Completes Howe & Howe Purchase; Lisa Atherton Quoted

Textron (NYSE: TXT) closed its acquisition of Waterboro, Maine-based robotic ground vehicle maker Howe & Howe Technologies on Dec. 17, Defense News reported Thursday. Textron announced its intent to buy Howe & Howe in October 2018 in a push to expand its autonomous technology offerings across land, air and maritime domains. Lisa Atherton, president and …

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Textron Gets $314M Modification on Navy Air Cushion Vehicle Material Procurement Contract

Textron (NYSE: TXT) will obtain additional materials needed to build landing craft air cushion vehicles under a five-year, $314.3M contract modification from the U.S. Navy. The company will use the funds to acquire long lead time components for LCAC class crafts 109 through 123 and to continue pre-fabrication work on crafts 109 …

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Textron to Buy Howe & Howe in Autonomous Vehicle Market Push; Lisa Atherton Quoted

Textron (NYSE: TXT) is acquiring Waterboro, Maine-based robotic ground vehicle manufacturer Howe & Howe Technologies for an undisclosed sum in a move to expand autonomous technology offerings across land, sea and air domains. The industrial conglomerate said Thursday Howe & Howe’s vehicles and applications will complement its portfolio of unmanned platforms, control systems …

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Textron’s Bell Subsidiary Gets $97M in Navy V-22 Assembly Parts Orders

The Defense Logistics Agency has awarded Textron’s (NYSE: TXT) Bell subsidiary a pair of delivery orders worth up to $96.7M to provide right and left hand aircraft assembly parts for the proprotor gearboxes of the U.S. Navy’s V-22 Osprey fleet. Each order is valued at $48.4M and work will take place in Texas through April …

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Textron Subsidiary to Produce More Attack Helicopters for Marines Under $510M Contract Modification

The U.S. Navy has awarded Textron’s (NYSE: TXT) Bell Helicopter subsidiary a $509.8M contract modification to produce and deliver 29 twin-engine attack helicopters as part of the U.S. Marine Corps’ H-1 modernization effort. Bell Helicopter will provide lot 15 AH-1Z new build aircraft, as well as obtain long-lead items and components …

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Textron’s AAI Subsidiary to Continue SOCOM UAS ISR Services Under $120M IDIQ

AAI, a subsidiary of Textron (NYSE: TXT) subsidiary, has received a potential $120 million contract to continue providing intelligence, surveillance and reconnaissance support for the  U.S. Special Operations Command‘s mid-endurance unmanned aircraft systems. SOCOM awarded the sole-source contract for AAI to provide worldwide support until all of the command’s operational sites complete transition to …

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Textron Vet Brian Sinkiewicz Joins Elbit Systems’ US Arm as Airborne Solutions SVP

Brian Sinkiewicz, former senior vice president and general manager of Textron Systems‘  (NYSE: TXT) weapon and sensor systems business, has been named SVP of airborne solutions at Elbit Systems‘ U.S. subsidiary. He will oversee performance, customer engagement and growth efforts for Elbit Systems of America‘s portfolio of airborne products designed for U.S. and international defense …

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Textron Systems to Build Strike Force Vehicles for Army Under $333M Contract

A business unit of Textron Systems (NYSE: TXT) has received a potential seven-year, $332.9 million contract to manufacture 255 mobile strike force vehicles for the U.S. Army. Textron’s marine and land systems business will also provide fielding hardware to the service branch and deploy field representatives to support deprocessing of systems, the Defense Department said Wednesday. …

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