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Textron Systems Combines Overwatch Geospatial Systems and Overwatch Tactical Operations

Dépèche transmise le 11 août 2009 par Business Wire

Textron Systems Combines Overwatch Geospatial Systems and Overwatch Tactical Operations

WILMINGTON, Mass.--(BUSINESS WIRE)--Textron Systems, a Textron Inc. (NYSE:TXT) company, today announced the combination of Overwatch Geospatial Systems and Overwatch Tactical Operations into a single Operating Unit called Overwatch. The combined Overwatch will be in a stronger position to accelerate the development and delivery of the advanced integrated intelligence solutions being sought by the U.S. and international defense and intelligence communities.

Driven by evolving counterinsurgency and counterterrorism threats as well as increasingly complex operational environments, customers require more powerful and integrated multi-source intelligence (Multi-INT) solutions to successfully complete their missions. Overwatch plans to work closely with the U.S. Military, National Geospatial-Intelligence Agency and other Intelligence agencies, and foreign allies to satisfy their requirements and support their missions.

“Creating a single Overwatch allows us to more effectively deliver world-class Multi-INT solutions that are in tune with customers’ evolving requirements, while still addressing their current needs,” said Frank Tempesta, president and chief executive officer, Textron Systems. “This combination brings together two Textron Systems operations that provide leading intelligence solutions currently being used by decision-makers and intelligence analysts as well as our war fighters and first responders.”

Randy Averitte, currently senior vice president and general manager of Overwatch Tactical Operations, will run Overwatch, which will be headquartered in Austin, Texas. Jim Dolan, currently Overwatch Geospatial Systems’ senior vice president and general manager, is taking a position as senior vice president, Strategic Initiatives, reporting directly to Textron Systems’ Chief Operating Officer Fred Strader.

About Overwatch

Overwatch, an operating unit of Textron Systems, is the leading provider of integrated intelligence software solutions and services as well as robust satellite communications systems for today’s U.S. and international defense and intelligence communities. For the past 20 years, Overwatch’s intelligence solutions have supported decision-makers, counter-terrorism analysts, war fighters and first responders by providing proven tools that simplify the integration, analysis and exploitation of intelligence in order to present a complete operational picture and accelerate the time-to-decision. More information is available at www.overwatch.com.

About Textron Systems

Textron Systems Corporation has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. 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 services, Textron Systems includes AAI Corporation, Lycoming Engines, Overwatch, 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

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.