AAI Logistics & Technical Services Wins Multiyear Performance Based Logistics (PBL) Contract for EA-6B, E2C and C-2

Award Follows 55 Months of 100-Percent Availability on Current Program

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| Source: Textron Systems

HUNT VALLEY, Md., Feb. 14, 2013 (GLOBE NEWSWIRE) -- AAI Logistics & Technical Services, an operating unit of Textron Systems, a Textron Inc. (NYSE:TXT) company, announced today that it has been selected by Naval Supply Systems Command Weapon Systems Support in Philadelphia, Pa., to deliver PBL support for the EA-6B Prowler, E2C Hawkeye, and C-2 Greyhound aircraft. The three-year base contract allows two one-year options and has a total potential value of $7 million over five years.

Based in Jacksonville, Fla., AAI Logistics & Technical Services' PBL program will provide logistical support for 110 hydraulic components utilized for the Prowler, Hawkeye and Greyhound aircraft. Services include forecasting demand, forecasting and scheduling repair activities with organic depots, managing and providing material in support of repair activities, warehousing, inventory management and reporting.

"AAI Logistics & Technical Services has proudly served the U.S. Navy since 2005," said Senior Vice President and General Manager Diane Giuliani. "During that time, we've delivered superb results with greater than 98 percent availability over the life of the contract, and 100 percent availability for the past 55 months straight. AAI Logistics & Technical Services' PBL programs offer Department of Defense customers an opportunity to see immediate availability improvements for their legacy systems, with the affordability required in today's budgetary climate."

Media Contact:

Public Relations Team

Textron Systems

(978) 657-2020

PublicRelations@systems.textron.com

About AAI Logistics & Technical Services

AAI Logistics & Technical Services delivers comprehensive life cycle support, sustainment and operational services for defense and security equipment, and is a leading provider of unmanned systems services. With experienced logisticians, maintainers and operators that can be deployed rapidly around the globe, the business offers affordable solutions that deliver superior asset availability and reliable performance, including award-winning performance based logistics, contractor logistics support, depot support, supply chain management, training, and repair and overhaul services. AAI Logistics & Technical Services is an operating unit of Textron Systems. More information is available at www.aaicorp.com.

About Textron Systems

Textron Systems has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. Headquartered in Providence, R.I., the company is known for its unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment and operational services. Textron Systems includes AAI Logistics & Technical Services, AAI Test & Training, AAI Unmanned Aircraft Systems, Advanced Systems, Aerosonde, ESL Defence, Lycoming Engines, Medical Numerics, MillenWorks, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. More information is available at 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 Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.   

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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. 

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