New Orleans, LA – October 14, 2010 — Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that the company has received $2.4 million from the Naval Sea Systems Command (NAVSEA) to conduct infrastructure improvements to its New Orleans, La., shipyard. A follow-on to an earlier award addressing post-Hurricane Katrina infrastructure improvements, this new award will support renovations along the shipyard's waterfront area through November 2011 for better post-production access during craft test and trial operations, as well as other improvements throughout the company’s 42 acres of production operations.
Included in the scope of work is waterfront bulkhead repair and replacement to increase the safety and security of employees who require constant access to vessels during testing and trials. This will include installation of approximately 1,200 feet of new sheet pile walls on the Textron Marine & Land Systems waterfront bulkhead adjacent to Bayou Savage.
An earthen levee will be erected along the shipyard’s eastern frontage in conjunction with the elevation of the adjacent existing roadway to mitigate the risk of flooding. Additionally, a weather protection platform will be built to serve as a secure staging location for personnel and equipment during any potential weather crisis.
"Since Hurricane Katrina, we’ve made improvements to all our facilities and these NAVSEA funds allow us to make further improvements as we ready our modern shipyard to compete for future marine programs such as Ship-to-Shore Connector (SSC)," said Textron Marine & Land Systems General Manager Tom Walmsley.
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.