Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, and MDT Armor Corporation, a division of Arotech Corporation (Nasdaq GM: ARTX), today announced a teaming agreement to market, design and manufacture the Tiger light protected vehicle. Based on a commercial off-the-shelf (COTS) Dodge ® RAM ® 5500 platform, the Tiger is a cost effective, light protected class all terrain vehicle with proven, highly reliable armor for a crew of six to nine. The Tiger is ballistic and mine blast protected, with various add-on armor options, and is designed with a spacious, versatile cabin and large payload capacity allows the Tiger to be tailored to many missions. With a powerful Cummins ® 350 HP diesel engine, large wheels, and a 127-inch wheel base, Tiger offers exceptional all terrain capabilities. The advanced suspension system ensures a comfortable ride for the crew. The 8.8 ton GVWR, with a standard armor package, allows for a 1.5 ton payload. A roof mounted remote controlled weapon station, or man-operated turret are optional. “The Tiger is a high quality, off-road vehicle in the light armor segment that meets the needs of a wide variety of potential customers. With our lean manufacturing expertise and the low lifecycle cost of the Tiger we feel like this is an excellent teaming opportunity,” said Textron Marine & Land Systems General Manager Tom Walmsley. The Tiger is designed to be cost effective. The COTS Dodge platform ensures widespread support and cost effective maintenance. The unique encapsulated cabin allows easy access to all components. The cabin can easily be removed and remounted, allowing its installation on a new platform, increasing its life and ensuring low life cycle cost. “Textron Marine & Land Systems has a proven track record in successfully taking prototype products to full-rate production at optimum cost and reliability with on-time delivery,” said MDT Armor Corporation Executive Vice President Jonathan Whartman. “The Tiger is a versatile light protected armored vehicle and we’re looking forward to working together with Textron Marine & Land Systems to bring it to market.”
About MDT Armor CorporationMDT Armor Corporation, a division of Arotech Corporation is an innovative leader in lightweight armoring for vehicles, aircraft and their operators. The Armor Division has years of battlefield and commercial protection experience and has provided life saving protection under the most extreme conditions. More information is available at www.mdt-armor.com. About Arotech Corporation Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and homeland security markets. Arotech provides multimedia interactive simulators/trainers, lightweight armoring and advanced zinc-air and lithium batteries and chargers. Arotech operates through three major business divisions: Armor, Training and Simulation, and Batteries and Power Systems. More information is available at www.arotech.com. About Textron Marine & Land Systems Textron Marine & Land Systems specializes in the design, production and support of advanced marine craft, armored combat vehicles, turrets and related subsystems. Through its MillenWorks strategic business, Textron Marine & Land Systems designs and develops advanced mobility solutions for demanding on- and off-road applications. Textron Marine & Land Systems serves military and commercial customers domestically and internationally, and is an operating unit of Textron Systems, a Textron Inc. company. More information is available at www.textronmarineandland.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 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. Dodge and RAM are registered trademarks of Chrysler Group LLC. Cummins is a registered trademark of Cummins, Inc. Forward-looking Information: Certain statements in this press release are forward-looking statements and 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 forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including but not limited to the following: (a) changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; (b) changing priorities or reductions in the U.S. Government defense budget, including those related to Operation Enduring Freedom and the Overseas Contingency Operations; (c) changes in national or international funding priorities, U.S. and foreign military budget constraints and determinations, and government policies on the export and import of military and commercial products; (d) our ability to perform as anticipated and to control costs under contracts with the U.S. Government; (e) legislative or regulatory actions impacting defense operations; (e) the timing of new product launches and certifications of new products; (f) the efficacy of research and development investments to develop new products (f) the launching of significant new products or programs which could result in unanticipated expenses; and (g) performance issues with key suppliers, subcontractors and business partners.