Textron Systems and Boeing Add SAIC as Full Team Member for JLTV Program; Ford Joins as Subcontractor
Team Submits Proposal Combining Unique Expertise and Game-changing Technologies for the Best Value and Balance of Performance, Protection and Payload
Wilmington, MA, St. Louis, MO, and McLean, VA, April 14, 2008 -- Textron Systems, a Textron Inc. (NYSE: TXT) company, The Boeing Company (NYSE: BA) and Science Applications International Corporation (NYSE: SAI) today announced the addition of SAIC as a full team member and Ford Motor Company as a subcontractor on the team competing for the Joint Light Tactical Vehicle (JLTV) program. The team submitted its proposal today for the 27-month Technology Development (TD) phase of the JLTV program, a multiservice initiative for a family of future light tactical vehicles and companion trailers for the U.S. Army and U.S. Marine Corps.
The Textron Systems-Boeing-SAIC team combines best-in-class defense experience with unique commercial automotive design and development expertise to produce the best-value solution for Soldiers and Marines. Other participating team members include Ford Motor Company, offering engine options and expertise in power train integration; MillenWorks, leveraging its off-road racing heritage, specializes in advanced mobility solutions and rapid prototyping; and Carlson Technology, focusing on pit-stop engineering for maintenance simplicity.
This team offers a survivable, high-performance and affordable family of vehicles, featuring a modular design and vehicle commonality that will accommodate performance upgrades and reduce production and sustainment costs over the life of the program. The team's game-changing innovations deliver greater survivability and tactical mobility, and excellent performance in off-road or urban environments. These innovations also deliver improved transportability and driver and crew visibility, as well as rapid crew ingress and egress. Additionally, hybrid electric drive technology is used to provide extended periods of silent watch capability and organic exportable power, without generators, for purposes other than vehicle operation.
"Combining mature systems design with game-changing technology and unique expertise in armored vehicle manufacturing, systems integration, vehicle electronics and engineering for life-cycle management, the Textron Systems-Boeing-SAIC solution provides the best balance of protection, performance and payload for Soldiers and Marines," said Frank Tempesta, president of Textron Systems. "We are fully committed to delivering a JLTV family of vehicles with unmatched capabilities."
"The Textron Systems-Boeing-SAIC team is leveraging its expertise in tactical wheeled vehicle production, along with its proven experience in large-scale systems engineering and integration, to provide a best-of-industry approach," said Roger Krone, president, Boeing Network and Space Systems. "In addition, we've incorporated the talents and legacy of the commercial automotive industry to ensure a new, yet balanced approach to the design and development of the JLTV family of vehicles for our nation's warfighters."
"Our team's solution takes advantage of hybrid electric drive technology in the drive train, implemented with a focus on achieving JLTV required capabilities," said Jed Dunbar, SAIC's vice president for Landforce Systems Operation. "The drive train is part of the balanced contribution to the 'iron triangle' of protection, payload and performance, enabling a space- and weight-efficient crew compartment. This allows for maximum protection while maintaining payload capability and achieving exceptional mobility performance and increasing acceleration."
The JLTV family of vehicles is intended to replace part of the aging fleet of light Tactical Wheeled Vehicles (TWV), including the HMMWV, or Humvee. With an estimated 10-year contract value of $30 billion, JLTV is a three-phase program with awards for the TD phase scheduled for summer 2008.
About the Textron Systems-Boeing-SAIC Team
As the primary contractor for the JLTV team, Textron Systems provides expertise in manufacturing armored vehicles such as the M1117 Armored Security Vehicle (ASV) produced at Textron Marine & Land Systems in Louisiana. The ASV has been delivered to the U.S. Army for use in operations around the globe, with an average operational readiness rate more than 90 percent during the past year.
Boeing Integrated Defense Systems provides expertise in systems-of-systems platform and C4I integration, as well as vehicle electronics. It offers proven strengths in the design and integration of complex systems modeling and simulation and networking architectures. Boeing has proven CMMI Level 5 Systems Engineering processes on Department of Defense contracts since 2000.
SAIC provides systems engineering expertise, as well as industry-leading hybrid electric drive and technology integration capabilities for military ground vehicle applications. It brings a special focus and orientation toward equipping the warfighter, with leadership in human factors and vehicle safety engineering.
About SAIC
SAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit www.saic.com. SAIC: From Science To Solutions®
About Boeing Integrated Defense Systems
A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses specializing in innovative and capabilities-driven customer solutions. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32.1 billion business with 71,000 employees worldwide.
About Textron Systems
Textron Systems Corporation (Textron Systems) has been providing innovative solutions to the defense, homeland security and aerospace communities for over 50 years. Known for its precision smart weapons, intelligent battlefield systems, surveillance systems, intelligence software solutions, aircraft control components, piston engines, armored vehicles and unmanned aircraft systems, Textron Systems includes AAI, HR Textron, Lycoming Engines, Overwatch Tactical Operations, Overwatch Geospatial Operations, 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 Inc.
Textron Inc. (NYSE: TXT) is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, 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, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.
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