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Wilmington, MA
April 9, 2008. Textron Systems, a Textron Inc.
(NYSE: TXT) company, today announced the appointment of Fred
Strader as its chief operating officer. Strader, previously
the president of AAI, an operating unit of Textron Systems,
will oversee the day-to-day operations of the company's seven
operating units and drive further system and process improvements
across Textron Systems. The company also announced the promotion
of Ellen Lord from Textron Systems' vice president of Integration
Management to senior vice president and general manager of
AAI, taking over responsibility for the performance and management
of the operating unit.
"As Textron Systems grows and continues
to serve its customers with innovative and proven solutions
like the Armored Security Vehicle and Shadow unmanned aircraft
system, we continue to strengthen our leadership team and
our operations," said Frank Tempesta, president of Textron
Systems. "Fred and Ellen are accomplished leaders with
extensive experience in our industry and, in their new positions,
they will add greater value for our customers, partners and
employees."
Strader, who will continue to report to Tempesta, joined
Textron Systems in 2007 through Textron's acquisition of United
Industrial Corporation (UIC) and its subsidiary AAI. Prior
to the acquisition, Strader was president and chief executive
officer of the publicly traded UIC. He also led AAI's Defense
Systems segment.
Strader's distinguished career includes 21 years with United
Defense LP and its predecessor, FMC, where as general manager
of the company's Armament Systems Division he developed and
produced defense technologies including missile launch systems
and large caliber gun systems for the U.S. Navy, Army and
Marine Corps. He also held key strategic planning, financial
and manufacturing positions in FMC and FMC's Agriculture Machinery
and Steel Products Divisions.
Strader has a Bachelor of Arts degree from Ripon College
and a Master of Business Administration degree in finance
from the Wharton School, University of Pennsylvania. He served
on active duty for four years with the U.S. Army and was a
reserve officer in the Army Acquisition Corps for 22 years.
Strader is a trustee of the National Defense Industrial Association
and is a member of the Navy League, the Association of the
United States Army, and the American Society for Quality Control.
In her new position at AAI, Lord will now report to Strader.
She joined Textron Systems in 1996 and has held several positions
of increasing responsibility since. Most recently, she has
been leading the integration of AAI into Textron Systems,
giving her daily contact with AAI's business. Previously,
Lord was vice president of Intelligent Battlefield Systems
at Textron Defense Systems, also an operating unit of Textron
Systems, where she was responsible for the unattended networked
ground sensor and munitions systems business line. Lord also
held the role of vice president, Strategy for Textron Systems,
in addition to several business and operations positions.
Before joining Textron Systems, Lord spent eleven years with
Textron Automotive Technology Center managing proprietary
and patented plastics technology. She led teams that developed
an innovative new family of engineering thermoplastics for
automotive interiors with Dow Plastics and commercialized
Bright Trim, a revolutionary coating used by Ford, General
Motors and Chrysler.
Lord is a Textron Six Sigma Black Belt and earned a bachelor's
and a master's degree in Chemistry from Connecticut College
and the University of New Hampshire, respectively.
About Textron Systems
Textron Systems Corporation has been providing
innovative solutions to the defense, homeland security and
aerospace communities for over 50 years. Known for its precision
smart weapons, intelligent battlefield systems, surveillance
systems, intelligence software solutions, aircraft control
components, piston engines, armored vehicles and unmanned
aircraft systems, Textron Systems includes AAI, HR Textron,
Lycoming Engines, Overwatch Tactical Operations, Overwatch
Geospatial Operations, Textron Defense Systems and Textron
Marine & Land Systems. Textron Systems Corporation is
an indirect subsidiary of Textron Inc. More information is
available at www.textronsystems.com.
About Textron
Textron Inc. is a $13.2 billion multi-industry
company operating in 34 countries with approximately 44,000
employees. The company leverages its global network of aircraft,
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, Fluid & Power, Textron Systems and Textron Financial
Corporation. More information is available at www.textron.com.
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