Textron Awarded $58 M for 82 Armored Knight Vehicles

(New Orleans, LA., March 19, 2008) -- Textron Marine & Land, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, has been awarded a $58 million contract modification by the U.S. Army Tank-Automotive & Armaments Command (TACOM) to manufacture 82 additional Armored Security Vehicle (ASV) variants for the M1200 Armored Knight.

The M1200 Armored Knight is an ASV variant equipped with a sensor package that is used to locate and designate targets for indirect fire and laser guided weapons. The Armored Knight is the only system in production with target accuracy equivalent to the delivery accuracies of today's precision-guided munitions, such as JDAM and Excalibur. The specially configured ASV is used by Field Artillery Combat Observation and Lasing Teams (COLT) to carry out its missions.

Tom Walmsley, general manager, Textron Marine & Land said, "We're excited to be awarded this contract to manufacture additional ASVs for the M1200 Armored Knight and provide even more protection to our soldiers. This additional variant of the ASV truly shows the versatility of this product. We're proud of the field record of the Armored Knight variant, and the ASV."

Source : Textron Inc.

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