E-Z-GO 2010 Annual Report Download - page 7

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5
“The Armored Security Vehicle continues to play a key role in the U.S.
Army combat vehicle fl eet around the world with its outstanding readiness
rate and versatile mission roles. The protection levels and extreme mobility
offer the warfi ghter and commander a great degree of confi dence in safety
and mission success.”
Lt. Col. A. Mark Morano
Product Manager, Armored Security Vehicle, U.S. Army Acquisition
In 2010, strong execution and deliveries of defense products
essential to the U.S. military drove increased revenues at
Textron Systems. Additionally, foreign military contracts and
developing international opportunities further strengthened
its long-term outlook.
U.S. and international business highlights for the year include
AAI-Test & Training’s selection as a subcontractor for an
avionic warfare testing system featuring its breakthrough
radio frequency test system. AAI-Unmanned Aircraft Systems
(AAI-UAS) also won foreign military contracts with Australia,
Italy and Sweden for its Shadow Tactical Unmanned Aircraft
Systems. Overwatch provided licenses for its signals intelligence
software to the U.S. Special Operations Command, while
Textron Defense Systems won a $257 million foreign military
sales contract from the Indian Air Force for Sensor Fuzed
Weapons. Textron Marine & Land Systems (TMLS) continued
to win contracts for Armored Security Vehicles (ASVs) and also
delivered fi ve 47-foot Motor Lifeboats to the Mexican Navy.
In 2010, across its diverse product lines for the defense
industry, Textron Systems continued to advance leading-edge
technologies. Among its non-classifi ed innovations, Textron
Defense Systems reached new milestones in its laser technology
research, while also advancing its smart munition systems.
TMLS continued to produce variants of its ASVs, developing and
delivering design modifi cations to ensure the vehicles continue
to meet the current and future needs of U.S. and allied militaries.
Overwatch signed a research contract with the National Geospatial-
Intelligence Agency to expand how geospatial intelligence data can
be used. AAI-UAS began delivering wing kits that increase the
wingspan and fuel capacity of its Shadow systems. Serving the
commercial market, Lycoming began taking orders for experimental
non-certifi ed versions of its 233 engine for light sport aircraft.
Additionally, to build on existing product and technical capabilities,
Textron Systems made two acquisitions in 2010. One was
MillenWorks, an engineering company that offers advanced
power train and suspension capabilities for combat and specialty
vehicles. The other was Crane Wireless Monitoring Solutions,
which complements Textron Systems’ intelligence, surveillance
and reconnaissance products.
During the year, AAI-UAS and the U.S. Army also received one
of the defense industry’s highest honors, the 2010 Secretary of
Defense Performance-Based Logistics Award, for outstanding fi eld
support of the Shadow program. The award refl ects the Shadow’s
nearly 590,000 fl ight hours to date, mostly in Iraq and Afghanistan.
Looking ahead, Textron Systems is in the enviable position of
providing many of the situational awareness and force protection
systems most critical for today’s warfi ghters. This, combined
with Textron Systems’ reputation for strong program execution,
investments in new technologies and new foreign military
programs, positions the company well for the future.
Textron Systems
Textron Systems Performance HighlightsTextron Systems 2010 Revenues By Region
86% United States
7% Middle East
3% Latin America & Mexico
2% Europe
1% Asia Pacifi c
1% Other
(In millions) 2010 2009 2008
Segment Revenues $1,979 $ 1,899 $ 1,880
Segment Profi t 230 240 251