Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, signed an agreement with the Federal Defense Industries Inc. Per the agreement Textron will provide Cadillac Gage vehicle spare parts.

Textron Marine & Land Systems specializes in the design, production and support of advanced marine craft, armored combat vehicles, turrets and related subsystems. The company serves military and commercial customers domestically and internationally, and has products operating in more than 35 countries worldwide.

Textron Systems manufactures 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 indirectly-owned subsidiary of Textron Inc.

Textron Inc. has a global network of aircraft, defense, industrial and finance businesses that provide customers with innovative solutions and services. It 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.

Textron’s future success in the competitive defense industry depends upon its ability to develop and market its defense-related products and services to the U.S. Government, as well as its ability to provide people, technologies, facilities, equipment and financial capacity needed to deliver those products and services at maximum efficiency. The company competes with Tyco International Ltd. (TYC), Danaher Corporation (DHR) and ITT Corporation (ITT).

Zacks Investment Research

1. (TXT) Textron Unit Bell Helicopter Acquires Aviation ServiceBell Helicopter, a Textron Inc. (TXT) company acquired Prague, Czech Republic-based Aviation Service. The acquired...
2. (TXT) Textron Incorporated Gets Marine ContractTextron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT)...
3. (TXT) Textron Tops Expectations – Outlook DisappointsTextron Inc. (TXT) posted a narrower GAAP net loss of $63 million, compared to a...
4. (TXT) Textron Subsidiary Gets Army Software ContractTextron Inc.’s (TXT) subsidiary Textron Systems has been awarded a U.S. Army contract for software...
5. (TXT) Textron to Build U.S. Army Knight Armored VehiclesTextron Inc.’s (TXT) operating unit Textron Marine & Land Systems has received a contract to...
6. (TXT) Textron Issues $600 Million in NotesOn Sep 14, 2009, Textron Inc. (TXT) sold notes in two parts worth $600 million....

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