Textron Inc. (TXT) Delivers XM204 Top Attack Anti-vehicle Munitions To Army Under LRIP Contract

Textron Inc. (NYSE:TXT) is among the 11 Best Military Drone Stocks to Buy According to Hedge Funds. On September 22, the company announced that Textron Systems Corporation had delivered the XM204 Top Attack Munition to the Army in aid of U.S. Army Europe operations.

The anti-vehicle terrain shaping system’s delivery came under the current XM204 LRIP contract, and follows the completion of the U.S. Army-led First Article testing in April this year, certifying the system for delivery to the Army and its allies. The program is being managed by the JPEO A&A, PM CCS, and PdM TSO.

The certification verified XM204’s self-destruct and target engagement technologies and ensured Textron Inc. (NYSE:TXT)’s readiness to fulfill military orders both at home and for American allies looking for counter-mobility capability.

The XM204 offers top attack and standoff capabilities. It is designed to aid in terrain shaping operations by supporting various counter mobility tasks like blocking, disrupting, and turning an enemy force. According to Textron Inc. (NYSE:TXT), the anti-vehicle munition is also highly portable and quickly emplaced. Moreover, it can be employed alone, in tandem, or in multiples with other terrain shaping systems.

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