WILMINGTON, Mass., Mar 21, 2011 (BUSINESS WIRE) -- Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that it has opened a new facility located in Ottawa, Canada. Through this new facility, which will initially operate as a business office, Textron Systems will bring the broad capabilities of Textron Systems' operating units to Canadian customers.
Textron has a long-standing relationship with Canada, employing more than 1,800 people there. Bell Helicopter, also a Textron company, was recently awarded a 10-year, $640 million contract to provide support services for the Canadian Forces CH146 Griffon fleet. In addition, over the last four years, Textron companies Bell Helicopter, Cessna, Textron Defense Systems, AAI and Textron Marine & Land Systems have purchased more than $3.5 billion of supplies manufactured by Canadian companies.
One of the programmes to be a focus of the Ottawa office is the Department of National Defence (DND) Canadian Forces' Tactical Armoured Patrol Vehicle (TAPV) program for which Textron Systems is currently competing. With a successful bid Textron Systems Canada would provide the overall program management, act as the design authority, coordinate a team of Canadian companies for vehicle assembly and integration, provide direct product support, manage the 25-year In-Service Support contract, as well as execute Industrial Regional Benefits (IRB) program. With the TAPV contract award Textron Systems Canada plans to support a TAPV contract award with the addition of more than 300 long term jobs in Canada.
"Textron Systems has established a physical presence through which we can focus our efforts in support of the needs of the Canadian armed forces and other potential customers," said Textron Systems Corporation President and Chief Executive Officer Fred Strader. "Our Textron Systems team in Canada will initially be focusing its attention on the TAPV program in conjunction with Textron Marine & Land Systems."
Textron Systems and its operating unit, Textron Marine & Land Systems, plan to offer a 4x4 wheeled armoured vehicle specifically engineered and designed to provide survivability, mobility and versatility across the asymmetric battlefield over the full spectrum of operations. The comprehensive, modern design is aimed at shielding troops from roadside bombs and blasts while providing large power reserves for future electronics enhancements, with an ergonomically designed interior for optimum comfort and payload. The vehicle has been tested extensively to confirm ballistic, blast, mobility and reliability levels that meet or exceed the Canadian TAPV requirements.
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.
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 following:
- changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates;
- risks and uncertainties related to establishing new facilities;
- the launching of new products or programs which could result in unanticipated delays or expenses;
- risks related to doing business internationally.
SOURCE: Textron
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