) unit Textron Systems has received a task order from the U.S.
Army Program Executive Office for Simulation, Training and
Instrumentation (PEO-STRI). Per the contract, Textron Systems
will have to supply 52 units of Man-Portable Aircraft
Survivability Trainer (MAST) systems to the army for an
The latest order is a follow up of the Dec 2012 MAST system order
by the U.S. Army. In addition, Textron also provides production
and testing support to the army, under the STRI Omnibus Contract
II. The contract can be extended by three years.
Textron's MAST system uses a light-emitting diode and ultraviolet
emitter threat simulator for the launch features of infrared
Man-Portable Air Defense Systems. It also supports live training
drills for aircrew and addresses surface-to-air missile (SAM)
This system is inter-operable with the AN/AAR-47 Missile
Warning System and AN/AAR-57 Common Missile Warning System,
including the Smart On-board Data Interface Module (SMODIM). The
SMODIM enables the army to exercise force-on-force training at
the Combat Training Centers.
In addition, the MAST system is able to replicate a SAM
engagement string, including seeker lock and break lock
capacities, rooted in environmental and situational
circumstances. This system also can record SAM engagements
throughout live training workouts.
These documented engagements are utilized to prepare the
after-action reviews. It also offers support tactics and training
methods prior to the actual deployment in the battlefield.
CRANE CO (CR): Free Stock Analysis Report
HONEYWELL INTL (HON): Free Stock Analysis
MACQUARIE INFRA (MIC): Free Stock Analysis
TEXTRON INC (TXT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Over the years, Textron has had a long-standing strategic
alliance with the U.S. defense establishments and tries to meet
its commitments of maintaining product and service standards
along with delivery timing.
In Jul 2012, the company provided 51 units of MAST systems to the
U.S. Army's PEO-STRI under the Simulation, Training and
Instrumentation Omnibus Contract II. Army benefited from the
usage of MAST systems and hence ordered for more. The new orders
will definitely help the company's financial results.
Providence, Rhode Island-based Textron Inc. is a global
multi-industry company that manufactures aircraft, automotive
engine components and industrial tools. It is also a provider of
solutions and services for aircraft, fastening systems, and
industrial products and components.
The diversified presence across commercial, manufacturing and
industrial products, as well as financing operations, insulates
the company from specific business risks. Also, its bottom line
should get a boost from the modest increase in jet deliveries,
growth in aftermarket sales, increase in commercial helicopter,
and sales growth at Systems.
However, we remain concerned about the lower backlog at Cessna,
rate of recovery of the business jet market and defense spending
cutbacks. Textron currently has a Zacks Rank #3 (Hold).
Other stocks from the sector that are presently performing better
Macquarie Infrastructure Company LLC
). All three carry a Zacks Rank #2 (Buy).