Textron Gets $115 Million Army Contract

Deal is for design of Intelligent Munitions System.

Textron Systems said Thursday it was awarded a $115 million contract for the system design and development phase of the Intelligent Munitions System (IMS) program by the U.S. Army.

A core component of the Army's Future Combat System initiative, IMS is a networked sensor and munition system that brings situational awareness and terrain control to the battlefield.

Low-rate initial production of IMS is scheduled to start in 2008; delivery is scheduled for 2010. Textron Systems' teaming partners include Northrop Grumman (Carson, CA), ITT Industries (Clifton, NJ) and BAE Systems (Merrimack, NH)

Textron Systems is a unit of Textron Inc.