| New Orleans, LA. - February 13, 2007
- Textron Marine & Land, an operating unit of Textron Systems, a Textron Inc.
(NYSE: TXT) company, has announced that its Cadillac Gage business has delivered
the first six of 12 re-powered Commando V-150 combat vehicles to the Philippine
Marine Corps, a contract valued at approximately $3.1 million. The
Commando V-150 is an armored combat vehicle that was built by Cadillac Gage with
over 150 units delivered to the Philippine Armed Forces during the 1980s. The
current contract, part of the Philippines Armed Forces Modernization program,
calls for the upgrade of 12 V-150 combat vehicles to a power-pack common to the
U.S. Army's Armored Security Vehicle (M1117 - ASV), built by Textron Marine &
Land. The first six of these vehicles have been accepted by the Philippine Marine
Corps and the remaining six are expected to be delivered in March 2007. The program's
success brings about the possibility of applying the same upgrades to more than
100 additional V-150 combat vehicles in the Philippine Army and Marine Corps inventory. The
power-pack, consisting of a new engine, transmission, transfer case, cooling system
and electrical modifications, is packaged at the Textron Marine & Land facilities
in New Orleans and shipped to the Philippines for installation. "We
have partnered with Cummins Sales and Service Philippines to utilize their facilities
and personnel in the Philippines and we have an onsite technical supervisor to
train and supervise the production activities," said Christopher Smith, director,
International Programs for Textron Marine & Land. "The Philippine Marine
Corps is also supplying personnel who are assisting in the modification of the
vehicles and are being trained in the operation and maintenance of the vehicles". The
updated power-packs are comprised of Cummins engines and Allison transmissions
that have proven effective and reliable in ASVs currently in use by the United
States military in combat roles in Iraq and around the world. "We
know the Philippine Army is closely monitoring the re-powering of these combat
vehicles, and believe they are pleased with the results," said Clay Moise,
Textron Marine & Land vice president of Business Development. "We are
hoping this will lead to future contracts to re-power additional combat vehicles
in the Philippine fleet as well as other international customers." About
Textron Systems
Textron Systems Corporation ("Textron Systems")
provides innovative technology solutions to meet the needs of the global aerospace
and defense industries. The company supports military and homeland security missions
with strike weapons, as well as mobility and surveillance systems, and provides
commercial and general aviation with engines and actuation systems. The Textron
name is well known in the areas of advanced weapons, surveillance systems, aircraft
control components, piston engines, specialty marine craft and armored vehicles.
Textron Systems is a wholly-owned subsidiary of Avco Corporation. Avco Corporation
is wholly-owned subsidiary of Textron Inc. More information is available at www.textronsystems.com.
About Textron Marine & Land and Cadillac Gage Textron
Marine and Land Systems is an unincorporated division of Textron Inc. Cadillac
Gage Textron Inc. is a wholly-owned subsidiary of Textron Inc. More information
is available at www.textronmarineandland.com.
About Textron Inc.
Textron Inc. is an $11 billion
multi-industry company operating in 32 countries with approximately 40,000 employees.
The company leverages its global network of aircraft, 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, Fluid & Power, Textron
Systems and Textron Financial Corporation. More information is available at www.textron.com.
Media Contact:
David Whitaker
504-254-6795
dwhitaker@tmls.textron.com
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