AAI Receives U.S. Air Force Award for Meteorological System Logistics and Technical Services

June 28, 2010

HUNT VALLEY, Md., Jun 28, 2010 (BUSINESS WIRE) -- AAI Corporation, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that it has received a five-year indefinite delivery, indefinite quantity (IDIQ) award with a total potential value of $47.5 million from the U.S. Air Force 84th Combat Sustainment Wing, based at Hill Air Force Base in Utah. The first delivery order is valued at more than $5.2 million. Under this IDIQ contract, AAI's Logistics & Technical Services team will provide contractor logistics support (CLS) for the AN/TMQ-53 Tactical Meteorological Observing System (TMOS).

TMOS is used in areas near Air Force landing strips around the world to provide weather data for planners and field commanders. AAI will manage TMOS sustainment from its Ogden, Utah, location by providing 24/7 on-call assistance and management of remote supplies, including 24-hour turnaround for U.S.-based spares and repairs and 72-hour turnaround for international requests.

"CLS includes a wide range of services centered on maintaining constant asset availability for our customers in the field," says Vice President, Logistics & Technical Services Diane Giuliani of AAI. "We have extensive experience in managing these services for a variety of mission-critical systems from our own facilities and at domestic and international customer sites. By taking careful control of the supply chain that feeds system repairs, we can drive an effective process that delivers consistent TMOS availability for the Air Force."

In addition, AAI will lead life cycle analysis for the TMOS assets, then recommend and implement recommendations for spares management and obsolescence planning. These support and sustainment activities include engineering modifications, sensor upgrades and other improvements as recommended.

"AAI's ongoing system sustainment helps customers make the most of their investments," says Giuliani. "Upgrades and modifications, concurrency management, and a robust repair cycle all contribute to a longer system life and lower total cost of ownership."

About AAI

AAI Corporation and its indirect wholly owned subsidiaries Aerosonde Pty Ltd and ESL Defence Limited design, produce and support industry-leading aerospace and defense products and services, including unmanned aircraft and ground control technologies; high-fidelity training and simulation systems; automated aerospace test and maintenance equipment; armament systems; and logistical, engineering, supply chain and operational support services. AAI Corporation is an indirect wholly owned subsidiary of Textron Inc. More information is available at http://www.aaicorp.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 http://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 http://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 Textron facilities or at Textron's customers or suppliers; (c) changing priorities or reductions in the U.S. Government defense budget, including those related to Operation Iraqi Freedom, Operation Enduring Freedom and the Overseas Contingency Operations; (d) our ability to perform as anticipated and to control costs under contracts with the U.S. Government; (e) the U.S. Government's ability to unilaterally modify or terminate its contracts with us for the U.S. Government's convenience or for our failure to perform, to change applicable procurement and accounting policies, and, under certain circumstances, to suspend or debar us as a contractor eligible to receive future contract awards; (f) changes in delivery schedules or cancellation of orders; (g) legislative or regulatory actions impacting defense operations; (h) performance issues with key suppliers, subcontractors and business partners; and (i) bankruptcy or other financial problems at major suppliers that could cause disruptions in Textron's supply chain.

AAI and design is a registered trademark of AAI Corporation.

SOURCE: Textron

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