Textron Gets U.S. Navy Contract
Posted on April 17, 2012 at 14:10 PM EDT
AAI Unmanned Aircraft Systems, a unit of Textron Inc. (NYSE:TXT), has received the U.S. Navy’s Intelligence, Surveillance and Reconnaissance (“ISR”) Services multiple-award contract with tenure of over five years. The contract with the maximum value of $874 million is awarded to three companies. Textron Inc. numbers among them. The company’s multi-mission capable Aerosonde Small Unmanned [...]

AAI Unmanned Aircraft Systems, a unit of Textron Inc. (NYSE:TXT), has received the U.S. Navy’s Intelligence, Surveillance and Reconnaissance (“ISR”) Services multiple-award contract with tenure of over five years. The contract with the maximum value of $874 million is awarded to three companies. Textron Inc. numbers among them.
The company’s multi-mission capable Aerosonde Small Unmanned Aircraft System (“SUAS”) is the key reason for this award win. Per the contract, the company will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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