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Stock impact report

Kaman And Textron Systems Join Forces To Advance KARGO UAV Technology [Yahoo! Finance]

Textron Inc. (TXT) 
Last textron inc. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
This agreement facilitates collaboration on opportunities and critical technologies for Kaman's KARGO UAV. Textron Systems, with its extensive 30-year experience in unmanned aircraft systems (UAS), brings a wealth of knowledge and technical expertise, as well as insights on safety and airworthiness. "This agreement enables the team to maintain pace as we move closer to productionizing and scaling KARGO UAV," said Romin Dasmalchi, General Manager of KARGO UAV. "We are thrilled to collaborate with Textron Systems, a team with a deep bench of knowledge and experience." "By collaborating with Kaman, we are able to build on our decades-long experience in UAS and continue the expansion of our capability set," said Wayne Prender, Senior Vice President Air Systems, Textron Systems. "We are looking forward to supporting the critical capability that Kaman is bringing with their KARGO UAV." The KARGO UAV is a purpose-built, medium-lift UAS designed to meet the needs of a global market. Wit Show less Read more
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