Textron Systems Awarded $108M Contract for Sensor Fuzed Weapon Production

March 08, 2006

Wilmington, MA - March 8, 2006 – Textron Systems announced today that it has been awarded a $108 million contract by the U.S. Air Force for its Fiscal Year 2006 procurement of the Sensor Fuzed Weapon. The three-year contract is part of an on-going Long Term Pricing Agreement (LTPA). Overall, Textron Systems will deliver approximately 6,500 SFWs to the USAF by the end of 2013.

Sensor Fuzed Weapon is a smart, air-to-ground, direct attack munition that can detect and defeat a wide variety of combat targets. Combat proven initially on April 2, 2003 in Operation Iraqi Freedom, the SFW received world-wide recognition after defeating multiple Iraqi tanks in a single aircraft pass that halted an Iraqi armored column from advancing on U.S. military forces. Subsequent operations confirmed the high military value of this unique weapon.

Sensor Fuzed Weapon first entered full rate production in 1996. A Pre-Planned Product Improvement (P3I) Program enhanced the weapon's capability, and placed it into production in 2001. Textron Systems marked its first international sale of the SFW in 2004.

Tom Harrington, vice president for airborne products, Textron Systems said, "Sensor Fuzed Weapon was proven successful time and again in operations in Iraq. First hand accounts from troops on the ground and in the air attest to the accuracy, versatility and sheer power of this smart area munition. We remain committed to providing our customers with the capabilities needed to ensure mission success against current and continually evolving threats."

About the Sensor Fuzed Weapon

Known as CBU-97 and CBU-105, Textron Systems' Sensor Fuzed Weapon is the first and only combat-proven smart area weapon of its kind in U.S. Air Force inventory designed to accurately detect and defeat multiple stationary or moving land threat targets. SFW's demonstrated lethality against armor makes CBU-105 an important force-multiplying capability for the warfighter. Its 40 smart Skeet warheads have both a hard and soft target capability and are equipped with two self-destruct modes and a self-neutralization feature to leave no hazardous unexploded ordnance on the ground, resulting in a clean battlefield.

About Textron Systems

Textron Systems Corporation, an operating division of Textron subsidiary Avco Corporation, 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.

About Textron Inc.

Textron Inc. (NYSE:TXT) is a $10 billion multi-industry company with 46,000 employees in 36 countries. 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.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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