Textron [TXT] on Monday named Ellen Lord as the president and CEO of its Textron Systems segment, succeeding Fred Strader who is retiring from the company. Lord, who has been leading the Textron Defense Systems (TDS) operating unit within Textron Systems since January 2011, joined Textron in 1984 as a chemist for its Automotive Technology Center. The TDS unit manufactures smart weapons, directed energy weapons, intelligence, surveillance and reconnaissance systems, and vehicle protection systems. “Since taking over the leadership of…
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