DTN News: South Korea to Integrate Textron Defense Systems' Sensor Fuzed Weapon With FA-50 Aircraft

DTN News: South Korea to Integrate Textron Defense Systems' Sensor Fuzed Weapon With FA-50 Aircraft Source: DTN News / Int'l Media (NSI News Source Info) WILMINGTON, Mass.- April 7, 2010: Textron Defense Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT - News) company, announced today that the Republic of Korea Air Force has chosen Textron Defense Systems’ Sensor Fuzed Weapon (SFW) for integration onto the Korea Aerospace Industries FA-50 light combat aircraft. Through a foreign military sale led by the Eglin Air Force Base Air Armament Center and the Defense Acquisition Program Administration of South Korea, Textron Defense Systems expects to begin providing inert integration rounds starting in 2010. “SFW’s precision and reliability are valuable assets that can help ensure the security of the Korean Peninsula and greater Pacific Region,” says Senior Vice President and General Manager Mark Catizone of Textron Defense Systems. “The integration of our SFW smart area weapon onto the highly capable FA-50 aircraft is an important first step toward system purchases in the future.” Textron Defense Systems’ SFW accurately detects and defeats a wide range of moving and stationary land and maritime target threats — from heavy armored battle tanks and soft-skinned vehicles to maritime threats — over a wide area with minimal collateral damage and no hazardous unexploded ordnance. In fact, SFW has been verified by the U.S. government to achieve greater than 99 percent reliability during its flight test program, which includes thousands of tests in various conditions. SFW contains Textron Defense Systems’ BLU-108 submunition and smart Skeet™ warheads equipped with dual-mode passive infrared and active laser sensors. If a Skeet warhead does not detect a valid target over its lofted trajectory, one of its three safety modes will activate. The first two modes enable the Skeet to self destruct after eight seconds from launch or within a 50-foot (approximately 15-meter) altitude above the ground. The Skeet’s third feature is a self-neutralizing time-out device that will yield the warhead inert within minutes of hitting the ground. These built-in, redundant self-destruct logic and self-neutralization features are key elements that distinguish SFW from legacy munitions. About Textron Defense Systems Textron Defense Systems employs advanced technology and industry expertise to develop and manufacture state-of-the-art smart weapons; airborne and ground-based sensors and surveillance systems; and protection systems for the defense, aerospace and homeland security communities. Its innovative systems for the military provide precision effects, actionable intelligence and force protection. More information is available at http://www.textrondefense.com About Textron Systems Textron Systems Corporation has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. Known for its unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment services, Textron Systems includes AAI Corporation, Lycoming Engines, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. Textron Systems Corporation is an indirect wholly owned subsidiary of Textron Inc. More information is available at http://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 Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at http://www.textron.com Skeet is a trademark of Textron Systems Corporation. Forward-looking Information: Certain statements in this press release are forward-looking statements and speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including but not limited to the following: (a) changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; (b) changes in national or international funding priorities, U.S. and foreign military budget constraints and determinations, and government policies on the export and import of military and commercial products; (c) legislative or regulatory actions impacting defense operations; (d) the efficacy of research and development investments to develop new products (e) the launching of significant new products or programs which could result in unanticipated expenses; and (f) performance issues with key suppliers, subcontractors and business partners.