Textron Systems Awarded Uncrewed Aircraft System (UAS) Contracts For Three Additional U.S. Navy Littoral Combat Ships (LCSs)

Aerosonde® UAS Increases Maritime Contractor-Owned/Contractor-Operated (COCO) Missions

Hunt Valley, Md., November 18, 2024 - Textron Systems Corporation, a Textron Inc. (NYSE:TXT) company, announced today that it has been awarded a task order valued at up to $47 million by the U.S. Navy's Naval Air Systems Command (NAVAIR) to provide COCO UAS services to three Independence Class Littoral Combat Ships (LCS) deploying to 5th Fleet. This award follows a 2023 contract to provide UAS support to LCSs, bringing the total number of U.S. Navy ships supported by the Aerosonde® UAS to 10.

Textron Systems will deploy its Aerosonde UAS and skilled personnel to provide mission overwatch and extended range intelligence, surveillance and reconnaissance (ISR) services with enhanced mission payloads as seen aboard the Expeditionary Sea Base (ESB)-4 and ESB-5, as well as two DDG-class ships and three LCSs. In December 2023, the Aerosonde UAS took its inaugural operational flight from its first LCS, the LCS-28 USS Savannah.

"Textron Systems has delivered COCO services with our Aerosonde UAS for over a decade, demonstrating the flexibility and value a model like this brings to the services," said David Phillips, Senior Vice President Air, Land and Sea Systems. "Because we are managing the full life cycle of the system, including technology integration, human factors, spares and repairs, employing the Aerosonde UAS enables the Navy customer to focus solely on their mission. We extend the customer's capabilities across the mission packages of each ship reliably and quickly."

The Aerosonde UAS offers multi-mission capability built upon a family of systems which have amassed over 700,000 flight hours over more than 10 years. The system is equipped for multiple payload configurations with both vertical takeoff and landing (VTOL) and fixed-wing options.

NAVAIR Public Release SPR-2024-0803. Distribution Statement A - "Approved for public release; distribution is unlimited"

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ABOUT TEXTRON SYSTEMS
Textron Systems is a world leader in uncrewed air, surface and land products, services and support founded on the combined expertise in our family of brands that includes Textron Systems, Howe & Howe, Lycoming, and ATAC. We harness the unlimited power of teamwork to solve incredible problems across seven specialized domains: air, land, sea, propulsion, weapon systems, electronic systems and test, training & simulation. From product development and manufacturing to training, operations and support, we integrate and offer ingenious and advanced solutions to support defense, aerospace, and other customer missions. For more information, visit www.textronsystems.com.

ABOUT TEXTRON INC.
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, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the risks related to U.S. Government contracts as described in our filings with the Securities and Exchange Commission.

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