NEW ORLEANS, Dec 08, 2009 (BUSINESS WIRE) -- Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, has been selected by the Colombian Ministry of Defense to produce and deliver 39 Armored Personnel Carriers (APC) for the Colombian Army. The Colombian Army's initial requirement for armored wheeled vehicles with associated logistics support will be contracted through the U.S. Army Foreign Military Sales process. The total value of this procurement is $45.6 million.
Textron Marine & Land Systems' armored personnel carrier is one of several armored wheeled vehicle configurations that it designs and produces. Textron Marine & Land Systems has designed and produced more than 2,400 Armored Security Vehicles (ASV) and APC vehicles for the U.S. Army, Iraq and Bulgaria. The armored personnel carrier that will be delivered to Colombia is equipped with a cupola mounted weapons station configured with either a .50 caliber machine gun or MK-19 40mm grenade launcher.
"Our ASV and family of vehicles have an impressive track record around the world and are vital to U.S. and coalition forces in Iraq and Afghanistan," said Textron Marine & Land Systems Senior Vice President and General Manager Tom Walmsley. "These vehicles will serve our Colombian allies well in the preservation of Colombia's peace and security."
The ASV and APC have maintained exceptional operational readiness and combat availability rates over more than five years of combat operations. Textron Marine & Land Systems has achieved more than 51 consecutive months of on-time delivery to the U.S. Army on the ASV program.
The ASV and APC are 4X4 wheeled armored vehicles that offer significant crew protection through the employment of multiple layers of armor, defending against small arms fire, artillery projectile fragments, Improvised Explosive Devices (IEDs) and land mines. These vehicles possess superior mobility, agility, handling and ride quality through the utilization of a four-wheel independent suspension system.
The ASV and APC vehicles perform a wide variety of missions including scout, infantry personnel carrier, reconnaissance, command and control and recovery. 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 M-1200 ASV configuration.
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.
Forward-looking Information: Certain statements in this press release are forward-looking statements and speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including but not limited to the following: (a) changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; (b) the interruption of production at our facilities or our customers or suppliers; (c) performance issues with key suppliers, subcontractors and business partners; and (d) changes in national or international funding priorities, U.S. and foreign military budget constraints and determinations, and government policies on the export and import of military and commercial products.
SOURCE: Textron
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