Investorideas.com newswire, defense and security sector

Monday, January 4, 2010

AAI Receives $39 Million Award for Additional Shadow® Systems New Shadow TUAS Will Support U.S. Army and Marine Corps

AAI Receives $39 Million Award for Additional Shadow® Systems New Shadow TUAS Will Support U.S. Army and Marine Corps

HUNT VALLEY, Md.-AAI Corporation, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that it has received a $39 million production order for additional Shadow Tactical Unmanned Aircraft Systems (TUAS). The order includes two additional units for the U.S. Army and one for the Marine Corps. Including this new order, a total of 116 Shadow TUAS have been ordered by the Army, Army National Guard, Army Special Forces and Marine Corps. To date, AAI has delivered 91 Shadow systems and deliveries now extend through March 2011.

“With so many Shadow systems in the field and more than 460,000 flight hours amassed, we’re witnessing an incredible evolution in mission capabilities”.Each Shadow system includes four Shadow aircraft; two One System® ground control stations and ground data terminals; four One System Remote Video Terminals, or OSRVTs; a One System portable ground control station; and associated components and support equipment.


“With so many Shadow systems in the field and more than 460,000 flight hours amassed, we’re witnessing an incredible evolution in mission capabilities,” says AAI Vice President of Unmanned Aircraft Systems Steven Reid. “Our goal has been to continuously enhance the military utility of the aircraft, our ground control technologies and system ancillaries. As a result, we’ve seen mission profiles extend beyond reconnaissance and surveillance to target acquisition, intelligence-gathering and communications relay.”
About AAI
AAI Corporation designs, produces, and supports aerospace and defense systems through its indirect wholly owned subsidiaries Aerosonde Pty Ltd and ESL Defence Limited. Its high-technology products and services include unmanned aircraft systems, training and simulation systems, automated aerospace test and maintenance equipment, armament systems, aviation ground support equipment, and logistical, engineering, and supply chain services. AAI Corporation is an indirect wholly owned subsidiary of Textron Inc. More information is available at www.aaicorp.com.
About Textron Systems
Textron Systems Corporation has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. 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 includes AAI Corporation, Lycoming Engines, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. Textron Systems Corporation is an indirect wholly owned subsidiary of Textron Inc. More information is available at 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 Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.
AAI and Shadow are registered trademarks of AAI Corporation.
One System is a registered trademark of the U.S. Army.
Contacts Investor Contact:TextronDoug Wilburne, 401-457-2288Bill Pitts, 401-457-2288orMedia Contact:Textron Systems CorporationSharon Corona, 410-628-3184orTextronMichael Maynard, 401-457-2474

________________________________________________________



Research Homeland Security and Defense stocks with the Defense Stocks directory:
The Global Defense and Homeland Security Stocks Directory features publicly traded defense stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory, in PDF format, includes Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks and Infrastructure Stocks with hyperlinks to stocks symbol(s), company's URL and company's description. For defense stocks followers, this is one of the most comprehensive global stock directories available to investors.
The Homeland Defense and Security stocks directory is also available in PDF.

Investorideas.com newswire