SOURCE: Textron Systems

Textron Systems

May 26, 2016 10:00 ET

Textron Systems Receives Additional Orders for Upgraded Joint Service Electronic Combat Systems Testers and Service Life Extension Retrofit Kits

Trusted Joint Service and International Solution Adds Decades of Useful Life, New Capabilities

HUNT VALLEY, MD--(Marketwired - May 26, 2016) - AAI Corporation, doing business as Textron Systems Electronic Systems, a Textron Inc. (NYSE: TXT) business, announced today that it has received two separate delivery orders worth $11.5 million on an existing four-year, indefinite delivery, indefinite quantity (IDIQ) contract from the U.S. Air Force in Warner Robins, Ga. The orders include 15 AN/USM-670A Joint Service Electronic Combat Systems Testers (JSECST™) and 95 AN/USM-670A Retrofit Kits.

The orders are a continuation of the four-year IDIQ contract from the U.S. Air Force valued at up to $43.6 million. In total, the IDIQ contract will manufacture and deliver an estimated quantity of 50 AN/USM-670A JSECST systems, 13 Laboratory JSECST systems, 410 AN/USM-670A Retrofit Kits and 20 Laboratory JSECST Retrofit Kits. The production for these orders is being performed in Hunt Valley, Md., and is expected to be completed by Sept. 30, 2018.

The next-generation JSECST has been approved for use by the Air Force, Navy and Army after it demonstrated six months of rigorous regression testing to verify its capabilities. The advanced-performance JSECST upgrade kit adds an estimated 20 years of useful life, plus the capability to test a range of new mission-critical aircraft systems. In addition, both the new test sets and test sets with the upgrade kit are fully backward compatible with existing JSECST test program sets and accessories, for ease of use and affordability. The JSECST common Core Test Set and tailored Test Program Set with antenna couplers or interface adapters customize performance characteristics to the platform under test.

"The JSECST system has been a workhorse for the U.S. Department of Defense and so many of our allies for more than 15 years, delivering reliable, repeatable testing for mission-critical systems and giving aircrews the confidence they need to execute their missions," said Senior Vice President and General Manager Steve T. Mensh. "Our advanced-performance JSECST tester and upgrade kits will give our customers decades of additional product life and performance enhancements, through a streamlined, low-risk service life extension program. This approach creates exceptional value for our customers over time."

About Textron Systems

Textron Systems' businesses develop and integrate products, services and support for aerospace and defense customers, as well as civil and commercial customers including those in law enforcement, security, border patrol and critical infrastructure protection around the globe. Harnessing agility and a broad base of expertise, Textron Systems' innovative businesses design, manufacture, field and support comprehensive solutions that expand customer capabilities and deliver value. Textron Systems consists of its Advanced Information Solutions, Electronic Systems, Geospatial Solutions, Lycoming Engines, Marine & Land Systems, Support Solutions, TRU Simulation + Training, Unmanned Systems and Weapon & Sensor Systems businesses. More information is available at 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 Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. For more information, visit www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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, the risks related to U.S. Government contracts as described in our filings with the Securities and Exchange Commission.

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