Textron Secures $230 Million Contract Modification From US Navy for Connector Craft

MT newswire2026/10/06 14:25

10:25 AM EDT, 10/06/2026 (MT Newswires) -- Textron (TXT) unit Textron Systems secured a $230 million contract modification from the US Navy to manufacture two ship-to-shore connector craft, it said Tuesday. Project work, which includes engineering, manufacturing, and testing, will be carried out at the company's shipyard in New Orleans, Louisiana, Textron said. The craft will deliver access to 80% of the world's coastline, according to a statement. Price: 75.77, Change: +0.02, Percent Change: +0.02

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