Textron Marine & Land Systems

Textron Marine & Land Systems to Supply U.S. Army with 65 Additional Armored Security Vehicles

New Orleans, La. – June 28, 2011 — Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that the U.S. Army Contracting Command, Warren, Mich., has exercised a contract option, valued at $49,613,572, for the company to supply the Army with 65 additional M1117 Armored Security Vehicles (ASVs).

Vehicle manufacturing will take place at Textron Marine & Land Systems facilities in the New Orleans area. The company has produced 3,161 ASVs for the U.S. Army, and has achieved 68 consecutive months of on-time delivery to the Army on the ASV program.

The ASV is a 4X4 wheeled armored vehicle that offers significant crew protection through its V-shaped hull design, and employment of multiple layers of armor, defending against small arms fire, artillery projectile fragments, Improvised Explosive Devices (IEDs) and land mines. It also uses a four-wheel independent suspension system to deliver superior mobility, agility, handling and ride quality.

“For more than a decade our Louisiana-based employees have worked hard to design and manufacture ASV products that deliver outstanding performance across a wide range of challenging environments, while providing our soldiers exceptional levels of security, mobility and protection,” said Textron Marine & Land Systems Senior Vice President and General Manager Tom Walmsley.

The ASV family of vehicles performs a variety of missions including scout, infantry personnel carrier, reconnaissance, command and control and maintenance. U.S. Army ASV missions include operations with the Military Police, convoy protection, perimeter security, as well as Field Artillery Combat Observation and Lasing Teams (COLT) with the M1200 Armored Knight configuration.

About Textron Marine & Land Systems
Textron Marine & Land Systems specializes in the design, production and support of advanced marine craft, armored combat vehicles, turrets and related subsystems. Through its MillenWorks strategic business, Textron Marine & Land Systems designs and develops advanced mobility solutions for demanding on- and off-road applications. Textron Marine & Land Systems serves military and commercial customers domestically and internationally, and is an operating unit of Textron Systems, a Textron Inc. company. More information is available at www.textronmarineandland.com.

About Textron Systems
Textron Systems Corporation has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. Known for its unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment services, Textron Systems includes AAI Corporation, Lycoming Engines, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. Textron Systems Corporation is an indirect wholly owned subsidiary of Textron Inc. More information is available at www.textronsystems.com.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, 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 Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.

The Textron Marine & Land Systems M1117 Armored Security Vehicle (ASV) is the base model of the ASV, both in production and in combat use. It is the patrol version used by convoy protection platform units and tactical Military Police of the U.S. Army.

M1117 Armored Security Vehicles

The M1117 ASV entered production in 1999 and has current contracts totaling more than 3,100 vehicles. The M1117 ASV has been fielded in Iraq, Afghanistan, Germany and Kosovo with the U.S. Army on missions including convoy protection, combat patrol and base security.

The M1117 4×4 armored, wheeled vehicle serves as a battlefield-proven platform providing for exceptional levels of soldier protection and security. The low profile UGWS 40/50 turret’s under-armor reload capability, combined with its oblique armored steel hull and ceramic composite expandable armor, provide for unparalleled all around survivability against small arms fire, , overhead artillery fragmentations and under-wheel and under-hull mine blasts.

To these impressive attributes, add the fact that the M1117 ASV has consistently exceeded combat availability and operational readiness goals.

ASV Armored Knight

The U.S. Army developed the M1200 Armored Knight to provide improved survivability over the current M707 Knight (HMMWV based Knight). Used by U.S. Army Field Artillery Combat Observation Lasing Teams (COLTs) in both Heavy and Infantry Brigade Combat teams, the Armored Knight combines the proven Armored Security Vehicle (ASV) with the M707 Knight Mission Equipment Package (MEP).

The M1200 Armored Knight provides COLTs with increased armor protection, payload and agility. Textron Marine & Land Systems is presently under contract with the U.S. Army, for modified ASVs to be used as the base vehicle for the M1200 Armored Knight production.ese