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May 14, 2014
08:10 EDTTXTTextron awarded $5.7M contract from U.S. Army
Textron Systems Unmanned Systems, a business of the Textron Systems segment of Textron, through its Light Armaments team, announced today a $5.7M contract from the Defense Ordnance Technology Consortium and the U.S. Army's Armament Research, Development and Engineering Center for continued development of lightweight, Cased-Telescoped, or CT, weapons and ammunition. Under this two-year award, the team will develop a CT carbine, as well as 7.62 CT ammunition and a machine gun operating mechanism. The CT ammunition utilizes a plastic casing to reduce weight significantly versus conventional ammunition while maintaining performance.
News For TXT From The Last 14 Days
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February 4, 2016
07:08 EDTTXTCowen to hold a forum
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February 3, 2016
15:36 EDTTXTBeechcraft signs T-6C contract for the UK Military Flying Training System
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February 2, 2016
11:50 EDTTXTOptions with increasing put volume; BKLN AKS ROK MCHP EXXI TPX ALU TXT RCL
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February 1, 2016
11:16 EDTTXTTextron unit awarded contract with SpetsTechnoExport for sale of SCTVs
Textron Systems Marine & Land Systems, a Textron Inc. business, announced a contract with SpetsTechnoExport, a subsidiary of Ukroboronprom, for the sale of three Survivable Combat Tactical Vehicles, or SCTVs. This agreement marks the first sale of the SCTV for Textron Systems Marine & Land Systems. The contract entails the sale of three SCTVs that will be delivered to Ukraine in an ongoing effort to improve the survivability and mobility of its light tactical vehicle fleet.
07:18 EDTTXTTextron management to meet with Deutsche Bank
Field trip to company headquarters to be held in Providence, RI on February 1 hosted by Deutsche Bank.

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