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Textron To Acquire Small Company That Develops, Manufactures Robotic Land Vehicles

Cal Biesecker By
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Textron To Acquire Small Company That Develops, Manufactures Robotic Land Vehicles
Howe & Howe Technologies' Ripsaw extreme vehicle super tank platform. Photo: Howe & Howe

Textron Inc. [TXT] on Thursday said it has agreed to acquire Howe & Howe Technologies, a small company that makes robotic land vehicles for military and other customers to help position itself for future military needs in this area.Terms of the deal were not disclosed and the parties must still sign a definitive merger agreement. Textron said more information will be provided after the acquisition is completed, which is expected in mid-December.Howe & Howe is based in Maine and does…

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