Textron Systems Delivers Next-Generation Squad Weapon Technology Demonstrator

March 25, 2019

Prototype Based on Proven Cased-Telescoped Weapons and Ammunition Technology

HUNT VALLEY, Md. — MARCH 25, 2019 — Textron Systems, a business of Textron Inc. (NYSE: TXT), announced today that it delivered the initial Next Generation Squad Weapon-Technology (NGSW-T) prototype demonstrator to the U.S. Army Combat Capabilities Development Command (CCDC) Armaments Center and Joint Services Small Arms Program (JSSAP). The automatic rifle prototype, based on the company’s proven Cased-Telescoped (CT) Weapons and Ammunition technology, is the first of five weapon demonstrators that Textron Systems will deliver for the program.

“Moving from contract award to delivery of a revolutionary, next-generation weapon in just 15 months not only demonstrates the maturity of our CT technology, but also the project execution excellence our team possesses to rapidly fill critical warfighter needs on schedule,” said Textron Systems Senior Vice President of Applied Technologies & Advanced Programs Wayne Prender. “Our CT weapons and ammunition offer the growth path to a true next-generation small arms weapon for U.S. warfighters, including increased lethality at longer ranges, while also delivering significant weight reductions to the warfighter.”

Technologies demonstrated by Textron Systems under the NGSW-T effort will inform the Army’s formal NGSW program and include weapon and ammunition weight reduction, weapon sound suppression, as well as fire control integration technology.

In 2018, Textron Systems also received a separate contract from the U.S. Army to develop a prototype weapon for the Next Generation Squad Automatic Rifle- Prototype Opportunity Notice (NGSAR-PON) program and remains on track to demonstrate the weapon in June 2019.

In development since 2004, Textron Systems’ CT weapons and ammunition offer an innovative weapon design that increases lethality and reduces total system weight by up to 40 percent. Textron Systems has developed rifles, including automatic rifles, in a variety of configurations and calibers, including 5.56mm, 6.5mm, and 7.62mm, and is supporting the Army’s current efforts to revolutionize its small arms capability.

About Textron Systems
Textron Systems is a world leader in unmanned air, surface and land products, services and support for aerospace and defense customers. 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. 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, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Arctic Cat, 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.

Effort sponsored by the U.S. Government under Other Transaction number W15QKN-14-9-1001 between the National Warheads and Energetics Consortium and the Government. The US Government is authorized to reproduce and distribute reprints for Governmental purposes notwithstanding any copyright notation thereon.”

The views and conclusions contained herein are those of the authors and should not be interpreted as necessarily representing the official policies or endorsements, either expressed or implied, of the U.S. Government.

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Textron Systems Public Relations Team
(978) 657-2020
PublicRelations@textronsystems.com

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Eric Salander, Vice President, Investor Relations
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