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Wilmington,
MA.– July 6, 2006 - – Textron Systems
announced today it has been awarded a $115M contract
for the system design and development phase of the
Intelligent Munitions System (IMS) program by the
U.S. Army Project Manager, Close Combat Systems
under the Program Executive Officer for Ammunition
at Picatinny, New Jersey. Textron Systems is a Textron
Inc. (NYSE:TXT) company.
A core component of the Army's Future
Combat System initiative, IMS is a revolutionary networked
sensor and munition system that brings unprecedented
situational awareness and terrain control to the battlefield.
Mark Catizone, general manager, Textron
Systems, said, "We are very pleased to be a part
of this important program and to deliver greater capabilities
to the warfighter. We have a top notch team that will
utilize its many years of experience in the areas
of sensors and munitions to create a robust solution
for our customer."
Low-rate initial production of IMS
is scheduled to start in 2008; delivery is scheduled
for 2010. Textron Systems' teaming partners include
Northrop Grumman (Carson, CA), ITT Industries (Clifton,
NJ) and BAE Systems (Merrimack, NH).
About Textron Systems
Textron Systems provides innovative technology solutions
to meet the needs of the global aerospace and defense
industries. The company supports military precision
engagement and dominant maneuver with strike weapons,
mobility and surveillance systems. The Textron name
is well known in the areas of advanced weapons, surveillance
systems, aircraft control components, specialty marine
craft and armored vehicles. Textron Systems Corporation
("Textron Systems") is a wholly-owned subsidiary
of Avco Corporation. Avco Corporation is wholly-owned
subsidiary of Textron Inc. More information is available
at www.textronsystems.com.
About Textron
Textron Inc. is a $10 billion multi-industry company operating
in 33 countries with approximately 37,000 employees in continuing
operations. The company leverages its global network of aircraft,
industrial and finance businesses to provide customers with
innovative solutions and services. Textron is known around
the world for its powerful brands such as Bell Helicopter,
Cessna Aircraft, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee,
among others. More information is available at www.textron.com.
Textron Systems Media
Contact:
Joanne Walsh
978-657-2100
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