Textron Systems Wins $162 Million CTSO Increment 1 Contract
Textron Systems Wins $162 Million CTSO Increment 1 Contract
Award Supports Modernization of U.S. Army’s Terrain Shaping Capabilities
WILMINGTON, MA/December 5, 2022 – Textron Systems Corporation, a Textron Inc. (NYSE: TXT) company, announced today that it received a five-year contract valued at $162 million from the U.S. Army Contracting Command – New Jersey, in connection with the U.S. Army Project Manager Close Combat Systems, to develop a remote command and control capable, anti-vehicle precision munition system that supports the Army’s terrain shaping operations modernization program.
Textron Systems will design an advanced anti-vehicle, soldier-in-the-loop munition system to support the Close Terrain Shaping Obstacle (CTSO) Increment 1 Common Anti-Vehicle Munition Based Top Attack System. CTSO Increment 1 fulfills a U.S. Army directive to replace obsolete munitions with next-generation technology that enables soldiers to effectively conduct terrain-shaping operations against peer threats. CTSO Increment 1 is the first of three increments of increased capabilities in the U.S. Army’s plans to modernize terrain shaping operations.
“We are committed to supporting the soldier by giving them technology that increases their combat advantage, and by keeping the soldier in the loop we give them even more control,” said Henry Finneral, Senior Vice President, Weapon Systems. “This munition will increase tactical protection for our troops who are facing increasingly sophisticated enemies. For the adversaries and the types of conflicts we see emerging, this will represent a true next-generation anti-vehicle weapon.”
The munition developed for Increment 1 will have stand-off and top attack capabilities designed to support complex terrain shaping operations by denying enemy armored vehicles freedom to maneuver. The system will be rapidly emplaced and highly portable, and will be designed to be employed alone, in multiples or in tandem with other terrain shaping systems.
Over a five-year period of performance, Textron Systems will develop the CTSO Increment 1 design, conduct contractor qualification testing and deliver hardware in support of government qualification testing. Capabilities will include increased effectiveness over legacy systems, mission planning tools, a remote-control station that enables constant soldier-in-the-loop control, and the ability to turn the munition on-and-off on command. CTSO Increment 1 allows an operator to control multiple systems and have improved sensing and reporting capabilities. The munition may be rapidly emplaced, is recoverable, and is non-persistent.
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About Textron Systems
Textron Systems is a world leader in unmanned air, surface and land products, services and support founded on the combined expertise in our family of brands that includes Textron Systems, Howe & Howe, Lycoming, and ATAC. We harness the unlimited power of teamwork to solve incredible problems across seven specialized domains: air, land, sea, propulsion, weapon systems, electronic systems and test, training & simulation. From product development and manufacturing to training, operations and support, we integrate and offer ingenious and advanced solutions to support defense, aerospace, and other customer missions. For more information, visit 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, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, unanticipated expenses or delays in connection with the launching of significant new products or programs; changing priorities or reductions in the U.S. Government defense budget; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; and performance issues with key suppliers, subcontractors or business partners.
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