Textron Marine & Land Systems and Aerostar Announce Teaming Agreement

Thu Apr 8, 2010 1:04pm EDT

* Reuters is not responsible for the content in this press release.

Team to Offer Modern, Combat-proven Armored Wheeled Vehicles for Romanian Armed
Forces` Future Vehicle Requirements
NEW ORLEANS & BACAU, Romania--(Business Wire)--
Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron
Inc. (NYSE: TXT) company, and Aerostar SA today announced a Teaming Agreement to
jointly produce Textron Marine & Land Systems` combat-proven Armored Security
Vehicles (ASV) and Armored Personnel Carrier (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 Armored Security Vehicle (ASV), the M1200 Armored
Knight for the U.S. Army, and an extended-length Armored Personnel Carrier (APC)
in use by several allied Coalition Force countries. Since 2004, Textron Marine &
Land Systems has delivered more that 2,600 armored vehicles to the U.S. Army and
international customers. A majority of these vehicles are currently being used
in support of combat missions in Iraq and Afghanistan. 

These vehicles possess exceptional protection, survivability, firepower and
mobility as well as exhibit high operational readiness rates even as vehicles
log more than 30,000 miles per year in hazardous terrain and conditions.
Interoperability with other Coalition Forces utilizing ASVs and APCs,
particularly in critical Iraq and Afghanistan operational areas, has enhanced
command and control and logistics support. Key missions include combat patrols,
convoy protection, checkpoint control, border and perimeter security, Field
Artillery Combat Observation and Lasing Teams (COLT), and troop assault
operations. Textron Marine & Land Systems` armored vehicles, which offer
scalable levels of protection, are also designed to carry out Reconnaissance,
Surveillance & Target Acquisition (RSTA), recovery and evacuation, and medical
support missions. 

"The Textron Marine & Land Systems` family of armored vehicles is comprised of
highly mobile, adaptable and survivable vehicles," said Grigore Filip, President
and General Director, Aerostar SA. "Our strong Aerostar manufacturing
capabilities and facilities within the Bacau region coupled with Textron Marine
& Land Systems` armored vehicle expertise, creates an extensive aerospace and
defense resource for the Romanian Armed Forces as they require combat-proven
armored wheeled vehicles that are delivered on-time and within budget." 

"Teaming with Aerostar, a highly regarded aerospace and defense manufacturer and
integrator in Europe, allows us to better address the vehicle requirements of
the Romanian Land Forces serving side-by-side with U.S. troops as a Coalition
partner," added Textron Marine & Land Systems Vice President of Strategy and
Business Development Mark Savarese. "Aerostar fully complements our armored
vehicle engineering expertise and meets our high standards for lean
manufacturing. Together with Aerostar, we look forward to the opportunity to
work with the Romanian Land Forces to modernize their armored vehicles, while
bringing jobs to Romania." 

About Aerostar

Since 1953, Aerostar has supported Romanian, NATO forces and commercial
aerospace customers by providing critical integration, manufacturing, upgrade
and maintenance services for aviation, ground, artillery and missile systems.
These programs have included manufacturing the prototype of IAR-93, the first
Romanian fighter aircraft; delivering more than 1,800 IAK-52 light aircraft;
overhauling more than 3,500 aircraft and 6,000 jet engines; converting major
commercial airline aircraft from passenger to cargo jets; developing and
manufacturing vehicle cargo platforms and vehicular artillery and multiple
launch rocket systems for the Land Forces; and serving as the systems integrator
for the Romanian Ministry of Defence`s LAROM Program. 

About Textron Marine & Land Systems

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 serves military and commercial
customers domestically and internationally, and has products operating in more
than 35 countries worldwide. Textron Marine & Land Systems is an operating unit
of Textron Systems, a Textron Inc. company. More information is available at

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

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.

Investor Contact:
Doug Wilburne, 401-457-2288
Bill Pitts, 401-457-2288
Media Contact:
Textron Systems Corporation
Stephen Greene, 978-657-2405
Michael Maynard, 401-457-2474 

Copyright Business Wire 2010

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