
Textron Systems [TXT] said Monday it has received a five-year, $162 million deal to develop an advanced anti-vehicle precision munition system for the Army. Henry Finneral, Textron’s senior vice president for weapon systems, told Defense Daily the top attack system it develops for the Close Terrain Shaping Obstacle (CTSO) Increment 1 program will be based on the XM204 munition the company will be delivering to the Army soon to meet an urgent operational requirement. “We are committed to supporting the…