Page 19 - Textron Systems News Today

The US Army has selected four companies that will build two prototypes each for the service's Robotic Combat Vehicle-Light (RCV-L) programme, officials announced on 20 September. Textron Systems, General Dynamics Land Systems, McQ Inc, and O...

The Army's FTUAS Increment 2 downselect means three teams will not move forward, including AeroVironment that provided the interim solution with its Jump 20 system.

Northrop, Sierra Nevada were eliminated in the competition to replace the service's Shadow Unmanned Aircraft Systems fleet.

Surf Air Mobility Pays Deposit for first 20 Aircraft with Deliveries beginning in the first half of 2024 Surf Air Mobility Confirms Previously Announced Initial Fleet Order of 100 Cessna Grand...

Textron Aviation today announced that Surf Air Mobility Inc. has confirmed its order and paid the deposit for the first 20 Cessna Grand Caravan EX aircraft to be purchased under its previously...

Military Drone Market Military Drone Market Pune, India, Sept. 25, 2023 (GLOBE NEWSWIRE) -- The global military drone market size was valued at USD 12.55 billion in 2022 and is anticipated to expand from USD 14.14 billion in 2023 to USD 35.60 billion by 2030, exhibiting a CAGR of 14.10% over the forecast period. The rise is on account of the escalating usage of UAVs in the defense and security sector. The vehicles are being used for a range of applications such as combat operations, transportati

Shares of Textron Inc. (NYSE:TXT – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year […]

Looking for the latest Government Contracting News? Check out our story: Army Taps 4 Companies to Develop Light Robotic Combat Vehicle Prototypes. Click to

The Army will choose a single robotic vehicle from the four companies selected to build prototypes over the next year.

Each company is now tasked with building and delivering two RCV-Ls to the Army by August 2024.