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Wayne Prender to Lead Textron’s Unmanned Systems Ground Control Tech Business

Wayne Prender, formerly program director for Textron‘s (NYSE: TXT) small/medium-endurance unmanned aircraft systems business, has been appointed ground control technologies vice president at the Textron Systems segment. The company said Tuesday the seven-year Textron veteran will be in charge of its unmanned command-and-control systems, remote video terminals and other unmanned technology offerings. Prender has …

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Textron Unit Buys Aviation Ground Support Firm TUG Technologies; Stefaan Ver Eecke Comments

Textron (NYSE: TXT) a subsidiary of E-Z-GO has purchased aviation ground support equipment manufacturer TUG Technologies Corp. from private-equity firm Jacobson Partners for an undisclosed amount. Kennesaw, Ga.-based TUG manufactures products including material handling vehicles and mobile heating and air-conditioning systems, in addition to providing aircraft ground services to commercial and …

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Textron Unveils Renamed Aircraft Simulation Business; James Takats Comments

Textron (NYSE: TXT) has changed the name of its business operations unit that delivers flight simulation technology and services to both military and industrial customers. The company’s simulation and training systems business has been renamed TRU Simulation + Training Inc., Textron announced Tuesday. “Providing solutions that depict realistic environments and …

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Textron Acquires Beechcraft for $1.4B; Scott Donnelly Comments

Textron (NYSE:TXT) has formed a new aviation segment following the acquisition of Beechcraft’s parent company Beech Holdings LLC for nearly $1.4 billion in cash. Scott Ernest, formerly president and CEO of Textron’s Cessna business, has been appointed CEO of Textron Aviation, which combines the Beechcraft and Cessna businesses, Textron said Friday. …

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Textron Wins $640M for Air Force Cluster Bombs

Textron Defense Systems (NYSE: TXT) has won a $640, 786, 442 contract modification from the U.S. Air Force for 1, 300 cluster bomb units. This modification to a firm-fixed-price contract supports a foreign military sales agreement with Saudi Arabia, the Defense Department said Tuesday. The Air Force is obligating $410, 218, 248 …

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Textron Promotes 29-Year Vet Ellen Lord to Systems Segment CEO; Scott Donnelly Comments

Textron (NYSE: TXT) has promoted Ellen Lord, senior vice president and general manager of the defense systems unit, to succeed the retiring Fred Strader as president and CEO of the systems segment. The company said she will report to Textron Chairman and CEO Scott Donnelly. Donnelly credited Strader with leading …

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Navy Awards Bell Helicopter Textron $391M for UH-1Y, AH-1Z Long Lead Parts

The U.S. Navy has awarded a $391, 426, 326 contract modification to Bell Helicopter Textron for long lead parts and components for 25 new and re-manufactured helicopters. According to the Defense Department, the parts are needed for the manufacture of 15 new UH-1Y aircraft, seven new AH-1Z aircraft and the …

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Textron Wins $213M Ship-to-Shore Connector Contract

Textron Inc. (NYSE: TXT) has won a $212, 722, 820 contract to provide the U.S. Navy with ship to shore connector test and training manuals, the Defense Department announced Friday. Textron will furnish a detail design and construct SSC test and training craft and technical manuals for a SSC Program. …

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