TEXTRON SYSTEMS
- 14
- %
- Textron Systems’ share of
Textron 2013 revenues
Textron Systems is a supplier to the defense, aerospace, homeland security and general aviation markets, addressing key problems at home and abroad by rapidly delivering affordable innovations that work, including unmanned aircraft systems, marine and land systems, smart weapons and sensors and various mission support services.
Fast Facts
- At the end of 2013, Textron Systems had approximately 4,800 employees.
- Manufacturing facilities are located in Lutz, FL, New Orleans, LA; Slidell, LA; Wilmington, MA; Hunt Valley, MD; Williamsport, PA; Goose Creek, SC; Austin, TX; Sterling, VA; Notting Hill, Australia; Que’bec, Canada; and Hamble, England.
- 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 200,000 flights and more than 880,000 flight hours.
- Through 2013, over 9,400 vehicles of 11 different variants have been sold 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 over 16,800 active licenses with 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 200,000 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
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(Dollars in millions) |
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2013 |
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2012 |
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2011 |
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2010 |
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2009 |
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Textron Systems |
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Revenues |
$ |
1,665 |
$ |
1,737 |
$ |
1,872 |
$ |
1,979 |
$ |
1,899 |
|
Segment profit |
$ |
147 |
$ |
132 |
$ |
141 |
$ |
230 |
$ |
240 |
|
Segment profit margin |
|
8.8% |
|
7.6% |
|
7.5% |
|
11.6% |
|
12.6% |
|
Backlog |
$ |
2,803 |
$ |
2,919 |
$ |
1,337 |
$ |
1,598 |
$ |
1,664 |
|
Total assets |
$ |
2,106 |
$ |
1,987 |
$ |
1,948 |
$ |
1,997 |
$ |
1,973 |
|
Capital expenditures |
$ |
66 |
$ |
108 |
$ |
37 |
$ |
41 |
$ |
31 |
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Depreciation and amortization |
$ |
89 |
$ |
75 |
$ |
85 |
$ |
81 |
$ |
85 |
|
Strategic Steps Forward
- Continue to expand our global presence to address worldwide military demand with an emphasis on leading edge, affordable and available line of networked systems.
- Strengthen our position as a leading global supplier of Unmanned Aircraft Systems (UAS), armored vehicles and associated training, support, and services by sustaining and expanding the Shadow® UAS, Aerosonde®® UAS, COMMANDO™ vehicle and ground control technology product lines alongside our expert simulation, training and logistics offerings.
- Expand our role as a provider of affordable, 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.
- Field critical new capabilities to support U.S and international militaries and agencies’ data analysis, visualization and management requirements as they transition to next generation computing environments.
- 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, Canadian Army and Columbian Army.
- Continue to design, build and test aviation engine products with focused efforts on alternative fuels, unmanned platforms and other new applications.
