The defense sector appears more insulated from the worst financial effects caused by the COVID-19-related economic slowdown when compared to other industries.
ARLINGTON, Va. – Even as Textron is awaiting a decision to move from development of its Mine Countermeasures Unmanned Surface Vehicle (MCM USV) into production, the company also has its eye on using the vessel for missions such as surface warfare and amphibious operations. Read More
The Navy’s Ship-to-Shore Connector is moving from a developmental to a production program, with the service negotiating with Textron to build-out options on its contract, the company’s chief executive said.
Textron executives expect by the end of 2019 to win a production contract for the Navy’s much-anticipated new Ship-to-Shore Connector. Read More
Before the Navy requests more money for Textron’s Ship-to-Shore Connector, company executives say they need to firm up contracts for the funds already earmarked for the program.
Textron Marine and Land Systems last week began at-sea testing of its first Ship-to-Shore Connector and was also awarded a contract modification to begin procuring long-lead materials for Fiscal Year 2017 and 2018 craft. Read More
Large military contractors are indicating they’re now ready to invest in their facilities and manufacturing capacity despite so much uncertainty around the Pentagon’s spending levels this current year and into Fiscal Year 2019. Read More
The Navy is working on adding a number of anti-surface weapons to an unmanned surface vehicle that so far has been used as a passive platform for mine countermeasures. Read More
The Navy added a second provider of contractor-owned and operated small unmanned aerial systems (UAS) for its sea-based missions, signing an indefinite delivery/indefinite quantity (IDIQ) contract with Textron for use of the company’s Aerosonde unmanned system. Read More
Changes in the Navy’s unmanned mine hunting plans may help Textron Systems maintain a hot production line for its Common Unmanned Surface Vehicle (CUSV) ahead of next year’s expected move into low-rate initial production for the unmanned craft in its original mine sweeping role. Read More