Textron Systems’ Light Armaments Team to Develop Lightweight, Cased-Telescoped Small Arms for U.S. Army
HUNT VALLEY, Md. — May 14, 2014 — Textron Systems Unmanned Systems, a business of the Textron Systems segment of Textron Inc. (NYSE: TXT), through its Light Armaments team, announced today a $5.7 million contract from the Defense Ordnance Technology Consortium and the U.S. Army’s Armament Research, Development and Engineering Center for continued development of lightweight, Cased-Telescoped (CT) weapons and ammunition. Under this two-year award, the team will develop a CT carbine, as well as 7.62 millimeter (mm) CT ammunition and a machine gun operating mechanism. The CT ammunition