Textron and Aerostar Announce Teaming Agreement

• Team to Offer Modern, Combat-proven Armored Wheeled Vehicles for Romanian Armed Forces' Future Vehicle Requirements

(New Orleans & Bacau, Romania, April 8, 2010) -- Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, and Aerostar SA today announced a Teaming Agreement to jointly produce Textron Marine & Land Systems' combat-proven Armored Security Vehicles (ASV) and Armored Personnel Carrier (APC) vehicles in anticipation of the Romanian Land Forces' upgraded protection, survivability and mobility vehicle requirements.

Textron Marine & Land Systems manufactures a family of armored wheeled vehicles, including the M1117 Guardian Armored Security Vehicle (ASV), the M1200 Armored Knight for the U.S. Army, and an extended-length Armored Personnel Carrier (APC) in use by several allied Coalition Force countries. Since 2004, Textron Marine & Land Systems has delivered more that 2,600 armored vehicles to the U.S. Army and international customers. A majority of these vehicles are currently being used in support of combat missions in Iraq and Afghanistan.

These vehicles possess exceptional protection, survivability, firepower and mobility as well as exhibit high operational readiness rates even as vehicles log more than 30,000 miles per year in hazardous terrain and conditions. Interoperability with other Coalition Forces utilizing ASVs and APCs, particularly in critical Iraq and Afghanistan operational areas, has enhanced command and control and logistics support. Key missions include combat patrols, convoy protection, checkpoint control, border and perimeter security, Field Artillery Combat Observation and Lasing Teams (COLT), and troop assault operations. Textron Marine & Land Systems' armored vehicles, which offer scalable levels of protection, are also designed to carry out Reconnaissance, Surveillance & Target Acquisition (RSTA), recovery and evacuation, and medical support missions.

"The Textron Marine & Land Systems' family of armored vehicles is comprised of highly mobile, adaptable and survivable vehicles," said Grigore Filip, President and General Director, Aerostar SA. "Our strong Aerostar manufacturing capabilities and facilities within the Bacau region coupled with Textron Marine & Land Systems' armored vehicle expertise, creates an extensive aerospace and defense resource for the Romanian Armed Forces as they require combat-proven armored wheeled vehicles that are delivered on-time and within budget."

"Teaming with Aerostar, a highly regarded aerospace and defense manufacturer and integrator in Europe, allows us to better address the vehicle requirements of the Romanian Land Forces serving side-by-side with U.S. troops as a Coalition partner," added Textron Marine & Land Systems Vice President of Strategy and Business Development Mark Savarese. "Aerostar fully complements our armored vehicle engineering expertise and meets our high standards for lean manufacturing. Together with Aerostar, we look forward to the opportunity to work with the Romanian Land Forces to modernize their armored vehicles, while bringing jobs to Romania."

Source : Textron Inc. (NYSE: TXT)