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Textron Teams with Aerostar - Analyst Blog

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Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, and Aerostar SA have announced a Teaming Agreement to produce Textron Marine & Land Systems’ combat-proven Armored Security Vehicles (ASV) and Armored Personnel Carriers (APC) vehicles in anticipation of the Romanian Land Forces’ upgraded protection, survivability and mobility vehicle requirements.

Textron Marine & Land Systems manufactures a family of armored wheeled vehicles, including the M1117 Guardian ASV, the M1200 Armored Knight for the U.S. Army, and an extended-length APC being used by several allied Coalition Force countries.

Since 2004, Textron Marine & Land Systems have delivered more that 2,600 armored vehicles to the U.S. Army and international customers. A majority of these vehicles are currently being used to support combat missions in Iraq and Afghanistan.

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Textron Marine & Land Systems specializes in the design, production and support of advanced marine craft, armored combat vehicles, turrets and related subsystems. Textron Marine & Land Systems serve military and commercial customers domestically and internationally, and have products operating in more than 35 countries. Textron Marine & Land Systems is an operating unit of Textron Systems, a Textron Inc. company.

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 include AAI Corporation, Lycoming Engines, Overwatch, Textron Defense Systems and Textron Marine & Land Systems.

Textron’s future success in the competitive defense industry depends upon its ability to develop and market its defense-related products and services to the U.S. Government, as well as its ability to provide people, technologies, facilities, equipment and financial capacity needed to deliver those products and services at maximum efficiency.
Read the full analyst report on "TXT"
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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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