Textron Systems Awarded $450m Advanced Reconnaissance Vehicle (ARV) Pre-Production Development (PPD) Award By U.S. Marine Corps

Textron Systems Awarded $450m Advanced Reconnaissance Vehicle (ARV) Pre-Production Development (PPD) Award By U.S. Marine Corps

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SLIDELL, La., April 2, 2026 - Textron Systems Corporation, a Textron Inc. (NYSE:TXT) company, announced today that it was awarded a $450M Pre-Production Development (PPD) agreement for the Advanced Reconnaissance Vehicle (ARV) program by the U.S. Marine Corps. Under this agreement, Textron Systems will deliver 16 Cottonmouth^® pre-production vehicles (PPVs), three systems integration labs (SILs) and four blast hulls.

The Cottonmouth ARV PPV will be delivered in three variants: C4UAS, 30mm, and Logistics (LOG). Designed to enhance the Marine Corps' Expeditionary Advanced Base Operations (EABO) framework, these vehicles prioritize mobility, survivability, and adaptability. Rigorous government-led testing will follow delivery to validate performance and verify program requirements. The Cottonmouth C4UAS was designed to act as the battlefield quarterback and naval sensor node within the force structure, enabling transformation to how the Marine Corps communicate and fight, providing superior maneuverability while offering a synergized sensor system. A purpose-built vehicle system, the C4UAS will serve as the crewed platform base for robotic and autonomous systems integration, enabling advanced situational awareness. The 30mm variant offers direct fire support and anti-armor capability, while the LOG variant will be optimized for field supply and support. Over the last several years, Textron Systems has delivered C4UAS and 30mm prototype vehicles, as well as SILs, for Marine Corps testing and evaluation, providing valuable insights into design and performance for risk reduction. During this time, Textron Systems worked closely with the USMC to propose a Cottonmouth ARV offering that is aligned with Force Design 2030.

"Starting as a clean-sheet design in 2019 and shaped by the voice of the customer, the Cottonmouth vehicle is poised to transform the Marine Corps' reconnaissance missions with adaptability, mobility and as a battlefield quarterback for the USMC," said David Phillips, Senior Vice President Air, Land and Sea Systems. "Textron Systems invested early on in prototype vehicles to reduce risk and increase maturity for the warfighter. The system design considers today's mission requirements while also employing a Modular Open System Architecture that enables ease of future integration for the future needs of the USMC, embodying the very essence of innovation and partnership that define us as an organization.

"This achievement solidifies Textron Systems' role as a key partner in advancing the Marine Corps' mission capabilities," added Zach Bupp, Vice President Land Systems. "We're proud of the innovative, purpose-built capabilities we'll be delivering and look forward to continuing our partnership with the Marines over the next several years."

Built at Textron Systems' manufacturing facility in Slidell, LA, the Cottonmouth ARV represents decades of heritage and expertise in ground vehicle design and manufacturing. Engineering and design work will also occur in Hunt Valley, MD.

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About Textron SystemsTextron Systems is a world leader in uncrewed air, surface and land products, services and support founded on the combined expertise in our family of brands that includes Textron Systems, Howe & Howe, Lycoming, and ATAC. We harness the unlimited power of teamwork to solve incredible problems across seven specialized domains: air, land, sea, propulsion, weapon systems, electronic systems and test, training & simulation. From product development and manufacturing to training, operations and support, we integrate and offer ingenious and advanced solutions to support defense, aerospace, and other customer missions. For more information, visit https://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, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements 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 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, including, but not limited to, risks related to U.S. Government contracts as described in our filings with the Securities and Exchange Commission.

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