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Textron Defense Systems, in conjunction with a Minnesota company, has landed $41.1 million from the U.S. Army for networked munitions, an alternative to landmines, according to the U.S. Department of Defense.
Under the contract, Textron and Plymouth, Minn.-based Alliant Tech Systems will deliver 70 Spider XM-7 networked munitions, which are landmines that can be detonated remotely and are intended to deactivate after a battle is ended. Work on the contract is expected to be completed by Nov. 30, 2012, in Wilmington, Plymouth, Minn., and Rocket Center, W.V.
Earlier this month, Robert Sullivan was appointed CFO of Textron, following John Condon’s retirement. A 25-year veteran of Textron, Sullivan has served most recently as the company’s senior vice president of finance. In his new role, beginning Jan. 4, 2010, he will report to Dick Yates, senior vice president and corporate controller.
Textron Systems is a division of Providence, R.I.-based Textron Inc., (NYSE:TXT) comprising AAI Corp., Lycoming Engines, Textron Defense Systems, Overwatch and Textron Marine & Land Systems. Textron Systems’ companies make unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield surveillance systems, smart weapons, piston engines and training systems, among other products.
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