Wilmington, Mass., Feb. 25, 2026 – Textron Systems Corporation, a Textron Inc. (NYSE: TXT) company, announced today it was awarded a prototype agreement from the U.S. Army for the Low Altitude Stalking & Strike Ordnance (LASSO) program. Under the prototype agreement, Textron Systems will deliver a DamoclesTM loitering munition system and demonstrate it to the U.S. Army.
The DamoclesTM loitering munition, equipped with Textron Systems’ advanced GEN2 Explosively Formed Penetrator (EFP), is a cutting-edge system designed to deliver decisive lethality in peer warfare environments. For the LASSO program, the Damocles system is integrated with a vertical take-off and landing (VTOL) uncrewed aircraft system (UAS) to deliver top-attack capability. In the VTOL configuration, no launch or recovery equipment is required.
The Damocles system is built with a modular open systems approach (MOSA), allowing other payloads to be integrated into the system to support various concepts of operation (CONOPS), such as electronic warfare effects. For operational safety, the system includes features to prevent unexploded ordnance (UXO), reducing the risk of hazardous remnants on the battlefield.
“Loitering munitions technology will be key in protecting the warfighter on the battlefield – they allow warfighters to send systems like Damocles beyond-line-of-sight (BLOS) to engage a target from a safer standoff distance,” said Henry Finneral, Senior Vice President, Weapon Systems. “Textron Systems is proud to support this mission and leverage our industry-leading EFP technology to provide next-generation capability at speed and at scale.”
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About Textron Systems
Textron Systems is a world leader in uncrewed air, surface and land products, services and support founded on the combined expertise in our family of brands that includes Textron Systems, Howe & Howe, Lycoming, and ATAC. We harness the unlimited power of teamwork to solve incredible problems across seven specialized domains: air, land, sea, propulsion, weapon systems, electronic systems and test, training & simulation. From product development and manufacturing to training, operations and support, we integrate and offer ingenious and advanced solutions to support defense, aerospace, and other customer missions. For more information, visit 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, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements 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 statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products and risks related to U.S. government contracts as described in our filings with the Securities and Exchange Commission..
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