U.S. Navy Awards Textron Systems for Two Common Unmanned Surface Vehicles (CUSV™)

April 03, 2017

NATIONAL HARBOR, Md. — APRIL 3, 2017 — Textron Systems Unmanned Systems, a business of Textron Inc. (NYSE: TXT), announced today that it has received a $14.8 million contract to provide two additional fourth-generation CUSV™ vehicles for the U.S. Navy’s Unmanned Influence Sweep System (UISS) program. The U.S. Navy intends to use these two CUSV systems as part of their comprehensive Mine Counter Measure Unmanned Surface Vehicle (MCM USV) mission, which includes mine-hunting and potentially mine-neutralization, as well as mine-sweeping.

“The Navy is excited to continue to work with its industry partner, Textron Systems Unmanned Systems, to continue to develop, test and deliver additional capability to the fleet with the MCM USV platform and systems,” Captain Jon Rucker, Program Manager for the Navy's Unmanned Maritime Systems Program Office (PMS 406) said. “The craft and its associated systems will provide a modular capability that will be a key component of the Navy’s future mine countermeasures efforts.”

These two additional CUSVs will join the U.S. Navy’s first CUSV, which is designed for the influence sweeping mission. This UISS CUSV recently completed initial testing near Textron Systems Marine & Land Systems facility in Louisiana and is currently undergoing additional testing off of the east coast of the U.S.

“We are pleased to see the U.S. Navy’s request for two additional vessels to support their mine countermeasure mission and are excited to be a part of the growing adoption of unmanned technologies in support of the U.S. Navy’s mission to safely secure our waters” says Vice President of Control & Surface Systems Wayne Prender, “The inherent modularity that CUSV provides will enable the U.S. Navy to complete both mine-sweeping and mine-hunting missions from a single craft, demonstrating the CUSV system’s multi-mission capabilities and large, configurable payload bay.”

The CUSV is a multi-mission unmanned surface vehicle, capable of carrying multiple payloads, including side-scan sonar, mine neutralization, nonlethal weapons, and intelligence, surveillance and reconnaissance (ISR) sensors. Since its first demonstration in 2009, the CUSV has successfully completed several prominent exercises with the U.S. Navy. Today, the variations of the CUSV have amassed more than 2,000 on-water operational hours. The Textron Systems CUSV team includes its Marine & Land Systems business to leverage its 48 years of naval experience and proven ship-building capability, alongside the company’s unmanned systems expertise.

Delivery of the two CUSV systems is expected in 2018.

About Textron Systems

Textron Systems’ businesses develop and integrate products, services and support for aerospace and defense customers, as well as civil and commercial customers including those in law enforcement, security, border patrol and critical infrastructure protection around the globe. Harnessing agility and a broad base of expertise, Textron Systems’ innovative businesses design, manufacture, field and support comprehensive solutions that expand customer capabilities and deliver value. Textron Systems consists of its Advanced Information Solutions, Electronic Systems, Geospatial Solutions, Lycoming Engines, Marine & Land Systems, Support Solutions, TRU Simulation + Training, Unmanned Systems and Weapon & Sensor Systems businesses. More information is available at www.textronsystems.com.

Media Contact:

Public Relations Team
Textron Systems
(978) 657-2020
PublicRelations@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, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Textron Systems, and TRU Simulation + Training. For more information visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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 risks related to U.S. Government contracts as described in our filings with the Securities and Exchange Commission.

CUSV is a trademark of AAI Corporation.

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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