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Combined Operating Unit to Accelerate Development
of Integrated Solutions for U.S. and International Defense
and Intelligence Communities
Wilmington, MA - August
11, 2009 – Textron Systems, a Textron Inc. (NYSE:TXT)
company, today announced the combination of Overwatch Geospatial
Systems and Overwatch Tactical Operations into a single Operating
Unit called Overwatch. The combined Overwatch will be in a
stronger position to accelerate the development and delivery
of the advanced integrated intelligence solutions being sought
by the U.S. and international defense and intelligence communities.
Driven by evolving counterinsurgency and counterterrorism
threats as well as increasingly complex operational environments,
customers require more powerful and integrated multi-source
intelligence (Multi-INT) solutions to successfully complete
their missions. Overwatch plans to work closely with the U.S.
Military, National Geospatial-Intelligence Agency and other
Intelligence agencies, and foreign allies to satisfy their
requirements and support their missions.
"Creating a single Overwatch allows us to more effectively
deliver world-class Multi-INT solutions that are in tune with
customers' evolving requirements, while still addressing their
current needs," said Frank Tempesta, president and chief
executive officer, Textron Systems. "This combination
brings together two Textron Systems operations that provide
leading intelligence solutions currently being used by decision-makers
and intelligence analysts as well as our war fighters and
first responders."
Randy Averitte, currently senior vice president and general
manager of Overwatch Tactical Operations, will run Overwatch,
which will be headquartered in Austin, Texas. Jim Dolan, currently
Overwatch Geospatial Systems' senior vice president and general
manager, is taking a position as senior vice president, Strategic
Initiatives, reporting directly to Textron Systems' Chief
Operating Officer Fred Strader.
About Overwatch
Overwatch, an operating unit of Textron Systems, is the leading
provider of integrated intelligence software solutions and
services as well as robust satellite communications systems
for today's U.S. and international defense and intelligence
communities. For the past 20 years, Overwatch's intelligence
solutions have supported decision-makers, counter-terrorism
analysts, war fighters and first responders by providing proven
tools that simplify the integration, analysis and exploitation
of intelligence in order to present a complete operational
picture and accelerate the time-to-decision. More information
is available at www.overwatch.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 www.textronsystems.com.
About Textron
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 www.textron.com.
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