Textron Systems Awarded Contract by the U.S. Army to Upgrade Shadow® Aircraft

March 18, 2021

HUNT VALLEY, MD. – Textron Systems Corporation, a Textron Inc. (NYSE: TXT) company, announced today it received a contract for up to $607 million from the U.S. Army to provide contract logistics support, field services, and engineering support along with the retrofit of the existing Shadow® Block II Tactical Unmanned Aircraft System (TUAS) to the upgraded Block III configuration. This award follows a highly successful Follow-on Operational Test and Evaluation (FOT&E) of the Block III configuration by the Army in late 2020.

“We are excited to continue our partnership with the U.S. Army and to bring new capabilities to the Shadow TUAS fleet,” said Senior Vice President Wayne Prender of Textron Systems. “We are extremely proud of our people, who work every day alongside our customer to develop, produce, field and sustain this great capability for the Warfighter.”

The work, to be completed in Textron Systems’ Hunt Valley, Md. facility, will modernize the current Shadow RQ-7B Block II and lead product, support and sustainment activities for the fleet. This award will enable the maintenance of the Shadow Unmanned Aircraft System and provides repairs and spares to support critical mission readiness levels for fielded systems. The planned work is scheduled to begin immediately and will take place over a five-year period.

The Shadow Block III system builds on the proven success of previous configurations incorporating design improvements, allowing for increased operations in adverse weather conditions, the latest high-definition day-and-night video payload, increased engine power and reliability, reduced acoustic signature and an advanced communications relay. With these upgrades, the Shadow Block III system is ready and able to provide aerial support to our customers, even in the most challenging of environments.

With 1.25 million flight hours and counting, the Shadow system’s proven track record provides a solid foundation for continued development and use around the world.

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, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit 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, risks related to U.S. Government contracts as described in our filings with the Securities and Exchange Commission.

MEDIA CONTACT

Textron Systems
Public Relations Team
978-657-2020
publicrelations@textronsystems.com

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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