TEXTRON SYSTEMS
- 14
- %
- Textron Systems’ share of
Textron 2012 revenues
Textron Systems is a respected solutions company, addressing key problems at home and abroad for Defense and Security customers by rapidly delivering affordable innovations that work, including unmanned aircraft systems, land and marine systems, smart weapons and sensors, and various mission support services.
Fast Facts
- Approximate revenues by region: U.S.: 68%, Asia Pacific: 24%, Middle East: 5%, Europe: 2%, and Latin-America and Mexico: 1%.
- Textron Systems had approximately 4,800 employees at year end 2012.
- Manufacturing facilities are located in Tustin, CA; New Orleans, LA; Slidell, LA; Wilmington, MA; Hunt Valley, MD; Williamsport, PA; Goose Creek, SC; Austin, TX; Sterling, VA; Notting Hill, Australia; Hamble, England.
- The Shadow® M2 Tactical Unmanned Aircraft System made its maiden flight in July 2012 at the U.S. Army’s Yuma Proving Grounds.
- The 120+ Shadow Tactical Unmanned Aircraft Systems currently in service with the U.S. Army, U.S. Marine Corps, U.S. National Guard, and internationally with Sweden and Australia have logged more than 180,000 flights and more than 800,000 flight hours. Orders have been received and demand continues to grow internationally.
- Production is now underway for approximately 1,000 armored vehicles for the Canadian and Afghanistan governments. To date, over 8,000 vehicles have been delivered to the U.S. Army and international customers.
- Over 7,400 Sensor Fuzed Weapons (SFW) have been ordered by customers, including the U.S. Air Force, Oman, Turkey, United Arab Emirates, India, and Saudi Arabia.
- Overwatch has approximately 12,000 Geospatial Intelligence and 2,300 Multi-source Intelligence software licenses active across the U.S. intelligence agencies, military branches and unified commands, with more residing within classified programs domestically and abroad.
- With more than 350,000 engines designed and built during Lycoming’s 80+ year history in aviation, and over 175,000 still in operation worldwide, Lycoming powers more than half of the world’s piston powered rotary-wing and fixed-wing general aviation fleet.
Key Data
| |
|
|
|
|
|
|
|
|
|
|
|
(Dollars in millions) |
|
2012 |
|
2011 |
|
2010 |
|
2009 |
|
2008 |
|
Textron Systems |
|
|
|
|
|
|
|
|
|
|
|
Revenues |
$ |
1,737 |
$ |
1,872 |
$ |
1,979 |
$ |
1,899 |
$ |
1,880 |
|
Segment profit |
$ |
132 |
$ |
141 |
$ |
230 |
$ |
240 |
$ |
251 |
|
Segment profit margin |
|
7.6% |
|
7.5% |
|
11.6% |
|
12.6% |
|
13.4% |
|
Backlog |
$ |
2,919 |
$ |
1,337 |
$ |
1,598 |
$ |
1,664 |
$ |
2,190 |
|
Total assets |
$ |
1,987 |
$ |
1,948 |
$ |
1,997 |
$ |
1,973 |
$ |
2,077 |
|
Capital expenditures |
$ |
108 |
$ |
37 |
$ |
41 |
$ |
31 |
$ |
34 |
|
Depreciation and amortization |
$ |
75 |
$ |
85 |
$ |
81 |
$ |
85 |
$ |
85 |
|
Strategic Steps Forward
- Maintain customer base by effectively executing domestic and international programs.
- Expand our global presence and customer base to address worldwide demand.
- Strengthen our position as the global supplier of Unmanned Aircraft Systems (UAS) and associated training, support, and services for tactical missions and commercial applications by: sustaining and expanding the Shadow® and Aerosonde® UAS product lines and adding new UAS offerings to the portfolio; and leveraging UAS electronics, software and network capabilities to expand One System®/C4ISRT (Command, Control, Communications, Computers, Intelligence, Surveillance, Reconnaissance and Targeting) product.
- Leverage installed base of intelligence and analysis applications to expand into adjacent product and service areas across U.S and international militaries and agencies.
- Utilize our growing vehicle mobility and survivability capabilities to address emerging domestic and international requirements, while executing on current production contracts for the Afghan National Army and Canadian Army, as well as ASV Reset for the U.S. Army and other related support contracts.
- Expand our role as provider of smart area attack weapons, networked ground munitions, unattended ground sensors, and compliant systems that minimize risk to noncombatants, while continuing to leverage our precision weapons expertise and solutions to meet the demands of today’s complex and ever-changing battlefield.
- Continue to design, build and test aviation engine products with focused efforts on alternative fuels, unmanned platforms and other new applications.
