E-Z-GO 2008 Annual Report Download - page 16

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Textron Inc.
representatives and distributors located in various global locations. Textron Systems includes seven operating units: AAI Corporation (AAI),
HR Textron, Lycoming Engines, Overwatch Geospatial Systems, Overwatch Tactical Operations, Textron Defense Systems and Textron Marine &
Land Systems.
Intelligent aerospace and defense systems provided by Textron Systems, through AAI, include: tactical unmanned aircraft systems (UAS), training
and simulation systems, automated aircraft test and maintenance equipment, armament systems, aviation ground support equipment,
countersniper detection systems, and logistical, engineering and supply chain services. AAI is also the prime system integrator for the U.S.
Army’s premier tactical UAS, the Shadow®, which includes the One System® Ground Control Station — the U.S. Army’s standard for
interoperability of manned and unmanned airborne assets.
Textron Systems, through Textron Defense Systems, is also a tier-one supplier of unattended ground sensors and intelligent munitions systems
for the U.S. Army’s Future Combat System. Textron Systems also is the U.S. Air Force’s prime contractor for the Sensor Fuzed Weapon and,
through its HR Textron operating unit, is a subcontractor to The Boeing Company for tail actuation systems on the Joint Direct Attack Munition
and the next generation Small Diameter Bomb.
Textron Systems, through Textron Marine & Land Systems, has produced and delivered approximately 1,875 armored security vehicles (ASV) for
the U.S. Army. The current contract calls for approximately 780 additional units through July 2010; in addition, the U.S. Army may exercise
various options to acquire an additional 164 units through 2010. The ASVs currently are deployed in locations around the globe, particularly in
Iraq and Afghanistan, serving various missions, including convoy escorts, patrolling, checkpoints, forward operating base patrol, urban
operations, reconnaissance and surveillance patrols, combat observation lasing teams, and tactical overwatch for civilian and military police
operations.
Textron Systems competes against a number of competitors in the U.S. and other countries on the basis of technology, contract performance,
price, product quality and reliability, product support and reputation.
Industrial Segment
The Industrial segment includes our Kautex, Greenlee, E-Z-GO and Jacobsen businesses.
Kautex, headquartered in Bonn, Germany, is a leading developer and manufacturer of blow-molded fuel systems for cars, light trucks, all-terrain
vehicles and watercraft, and windshield and headlamp washer systems, as well as selective catalytic reduction systems used to reduce emissions
from diesel engines. In 2009, two global auto manufacturers plan to launch car models using Kautex’s next generation fuel system technology.
Kautex serves the automobile market worldwide, with operating facilities near its major customers all around the world. In addition to fuel systems
and washer systems, Kautex produces in North America metal fuel fillers and engine camshafts for the automotive market. To a lesser extent,
Kautex serves other industrial customers with bottles and plastic containers for food, household, laboratory and industrial uses. These products
are developed and produced in Germany.
Revenues of Kautex accounted for approximately 12%, 14% and 14% of our total revenues in 2008, 2007 and 2006, respectively. Kautex has a
limited number of competitors worldwide, some of which are affiliated with the original equipment manufacturers that comprise Kautex’s targeted
customer base. Competition typically is based on a number of factors, including price, product quality and reliability, prior experience and
available manufacturing capacity.
Greenlee designs and manufactures powered equipment, electrical test and measurement instruments, hand and hydraulic powered tools, and
electrical and fiber optic connectors under the Greenlee, Fairmont, Klauke, Paladin Tools, Progressive and Tempo brand names. The products
principally are used in the electrical construction and maintenance, telecommunications, data communications, wiring and plumbing industries.
Greenlee distributes its products through a global network of sales representatives and distributors and sells its products directly to home
improvement retailers and original equipment manufacturers. Through a joint venture, Greenlee also sells hand and powered tools for the
plumbing and mechanical industries in North America. The Greenlee businesses face competition from numerous manufacturers based primarily
on price and product quality and reliability.
E-Z-GO designs, manufactures and sells golf cars and off-road utility vehicles powered by electric and internal combustion engines under the
E-Z-GO name, as well as multipurpose utility vehicles under the E-Z-GO and Cushman brand names. E-Z-GO’s commercial customers consist
primarily of golf courses, resort communities and municipalities, as well as commercial and industrial users such as airports, college campuses