BNET Industries
Last Fiscal Year Sales:$564.0M
- Public
- US
Dow Jones Description
Textron Systems Corporation, a Textron Inc. (NYSE:TXT) company headquartered in Wilmington, Massachusetts, has been providing innovative solutions to the defense, homeland security and aerospace communities for over 50 years. Known for its precision smart weapons, intelligent battlefield and surveillance systems, intelligence software solutions, aircraft control components, piston engines, armored vehicles and unmanned aircraft systems, the Textron Systems family includes AAI, HR Textron, Lycoming Engines, Overwatch Tactical Operations, Overwatch Geospatial Operations, Textron Defense Systems, and Textron Marine & Land Systems. Working as both a prime contractor and supplier/partner, Textron Systems plays a major role in the preparedness of United States' armed forces and its allies. Textron Systems' innovative and advanced technology solutions enable the war fighter to maneuver, protect and fight in remarkable ways, while allowing the analyst to gather and share complex, actionable intelligence in support.
Chief Executive Officer
Frederick M. StraderNumber of Employees 2,316
Peer Companies
NAICS Code Other Commercial and Service Industry Machinery Manufacturing: 333319
News & Analysis
Filter by
united industrial corp. - All News and Analysis
Maryland-based United Industrial Corp. to delist its common stock
United Industrial Corp., of Hunt Valley, a provider of defense, training and energy systems, said it will delist its common stock from the New York Stock Exchange, effective Dec. 31, in order to facilitate its acquisition by Providence, R.I.-based Textron Inc.
Textron Closes In On United Industrial Acquisition
Textron [TXT] said last week that it has acquired 85 percent of the stock of United Industrial Corp. [UIC] as it nears the end of its $1.1 billion acquisition of the defense company. However, Textron said that about 1.6 million shares of UIC's common stock that...
Maryland-based United Industrial subsidiary awarded $2.3M contract
United Industrial Corp., of Hunt Valley, announced that its AAI subsidiary has been awarded a $2.3 million contract by the U.S. Army to provide training systems to help soldiers overcome improvised explosive devices, the so-called IEDs that have been so deadly to troops fighting in Iraq. The contract calls for...
United Industrial's AAI Services Subsidiary Wins Re-Compete Contract, Extending Support to Federal Highway Administration's Highway Driving Simulator
To: TRANSPORTATION EDITORSContact: IR, Stuart F. Gray +1-410-628-8686, grays@aaicorp.com, or Media, Sharon C. Corona, +1-410-628-3184, corona@aaicorp.com, both of AAI Services Corporation HUNT VALLEY, Md., Oct. 25 /PRNewswire-FirstCall/ -- United Industrial Corporation (NYSE: UIC) announced today that its AAI Services Corporation subsidiary has won a contract extension of up to five...
Textron To Buy United Industrial For $1.1 Billion
By Calvin Biesecker Textron [TXT] on Monday said it has agreed to acquire United Industrial Corp. [UIC] for $1.1 billion in cash, a deal that gives it a strong platform in the Unmanned Aircraft System UAS market while further expanding its portfolio of defense business. ...
Md.-based United Industrial Corp's subsidiary receives additional
United Industrial Corp., of Hunt Valley, announced that its subsidiary AAI Corp., an aerospace and defense systems contractor, has received an order from the U.S. Army for production of four additional Shadow 200 Tactical Unmanned Aircraft Systems, at a cost of $39.2 million. Each system consists of four aircraft, two...
United Industrial Corp. of Hunt Valley establishes new revolving
United Industrial Corp., of Hunt Valley, parent company of defense contractor AAI Corp., said it established a new revolving credit facility totaling $200 million with a syndicate of nine banks led by SunTrust Robinson Humphrey, a division of SunTrust Capital Markets Inc., and Citibank N.A. The credit line supersedes a...
Stock buyback authorized by Hunt Valley-based United Industrial
United Industrial Corp., of Hunt Valley, a maker of unmanned military aircraft, said it would buy back at least $50 million in stock, and may repurchase an additional $50 million, for a total of $100 million, if credit of $200 million or more can be secured. The announcement came a...
Hunt Valley-based United Industrial Corp. reports increased net
United Industrial Corp., of Hunt Valley, which makes aerospace and defense systems, said its fourth-quarter net income more than doubled, helped by the sale of an energy operation. Quarterly earnings totaled $22.1 million, or $1.55 per share, from $10.4 million, or 77 cents per share during the prior-year period. Results...
United Industrial Posts Earnings, Sales Gains In Fourth Quarter
United Industrial Corp. [UIC] on Friday reported higher earnings and sales in the fourth quarter driven by work on its Unmanned Aircraft Systems, trainer devices, improved performance on production contracts and a gain on the sale of its former energy segment. Net income increased 112 percent...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Frederick M. Strader | Chief Executive Officer |
| Frank Tempesta | President |
| Ellen Lord | Coo |
| James H. Perry | Chief Financial Officer |
| James J. McGinnis | Vice President & Assistant Controller |
| Jonathan Greenberg | General Counsel, Secretary & Vice President |
| T. Kathleen Heydt | Vice President, Internal Audit |
| Francis X. Reinhardt | Assistant Treasurer |
| Karen Gordon Quintal | |
| Marian Westerberg | |
| Maureen Collins | |
| Robert W. Worthing | Special Counsel |
| Stephen Greene | |
| Stuart F. Gray | Treasurer |
| Thomas A. Corcoran | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Glen Kassan | Chairman |
| Richard I. Neal | Board of Directors |
| Robert Mehmel | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Chief Executive Officer | Current |
| AAI Corporation | President | Current |
| Governors | Board of Directors | Current |
| United Industrial Corporation | Board of Directors | Current |
| Wharton Graduate School of the University of Pennsylvania | Master of Business Administration Degree In Finance | Former |
| Ripon College | Bachelor of Arts Degree | Former |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | President | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Coo | Current |
James H. Perry is vice president, chief financial officer, and Corporate Controller of United Industrial Corporation (UIC) and vice president and chief financial officer of AAI Corporation, a UIC subsidiary. Mr. Perry joined United Industrial Corporation in 1994 after an 11-year career in public accounting, principally with Ernst & Young, LLP, where he was senior manager, audit, serving a variety of publicly-owned companies, including United Industrial Corporation. In his tenure with UIC, Mr. Perry has designed and implemented several key financial strategies that have helped UIC and AAI achieve improved operational economies and greater capacities in banking, pension, and insurance plans. In addition, he has driven a number of structural changes that have sharpened the company's focus on its core defense business competencies through selected strategic transactions. A certified public accountant, Mr. Perry earned a bachelor of science degree in business administration with concentrations in both accounting and finance from the State University of New York at Buffalo. He is a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants, and the Association of the United States Army. In addition, he serves on the Procurement and Finance Council and the Code of Conduct Committee of the Aerospace Industries Association.
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Chief Financial Officer | Current |
| United Industrial Corporation | Vice President | Current |
| Filmaudit.Com | Current | |
| Browder & Associates | Current | |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| California Society of Certified Public Accountants | Board of Directors | Current |
| Alabama Society of Certified Public Accountants | Member | Current |
| California Society of Certified Public Accountants | Member | Current |
| American Institute of Certified Public Accountants | Member | Current |
| AAI Corporation | CFO & Vice President | Former |
| United Industrial Corporation | Corporate Controller | Former |
| Octel Communications | Former | |
| ROLM Corporation | Former | |
| State University of New York at Buffalo | Bachelor of Science Degree In Business Administration | Former |
| Auburn University | Former |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Vice President & Assistant Controller | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | General Counsel, Secretary & Vice President | Current |
| AAI Corporation | Vice President, General Counsel, and Secretary | Former |
| United Industrial Corporation | Officer | Former |
| AAI Corporation | Officer | Former |
| University of Virginia | Undergraduate Degree | Former |
| University of Virginia | Russian Studies and Foreign Affairs | Former |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Special Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Treasurer | Current |
| United Industrial Corporation | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| United Industrial Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Keco Industries, Inc. | President, Chief Operating Officer | Current |
| Drs Technologies Canada, Inc. | President, Chief Operating Officer | Current |
| DRS Technologies, Inc. | President & Chief Operating Officer | Current |
| United Industrial Corporation | Board of Directors | Current |
| Avionics Magazine | Board of Directors | Current |
| DRS Technologies, Inc. | Executive Vice President | Former |
| DRS Technologies, Inc. | Executive Vice President | Former |
| The Strategy Company | Executive Vice President | Former |
| L-3 Communications Holdings, Inc. | Vice President of Planning | Former |
| Jabil Circuit, Inc. | Director of Corporate Development | Former |
| Iona College | Bachelor of Business Administration Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Worcester Polytechnic Institute | Trustee Emeritus | Current |
| The Carlyle Group Inc. | Senior Advisor | Current |
| L-3 Communications Holdings, Inc. | Director | Current |
| Vought Aircraft Industries Inc. | Director | Current |
| United Industrial Corporation | Director | Current |
| Sippican, Inc. | Director | Current |
| Gemini Air Cargo Inc. | Director | Current |
| Flightman | Board of Directors | Current |
| Gemini Air Cargo Inc. | Chief Executive Officer | Former |
| Lockheed Martin Corporation | President | Former |
| Gemini Air Cargo Inc. | President | Former |
| Lockheed Martin Corporation | Chief Operating Officer | Former |
| GE Aerospace | Vice President | Former |
| GE Aerospace | General Manager of GE Aerospace Operations | Former |
| GE Aerospace | corporate officer | Former |
| General Electric Company | Senior Management Positions | Former |
| REMEC, Inc. | Board of Directors | Former |
| Stevens Institute of Technology | B.A. in engineering | Former |
| Stevens Institute of Technology | member | Former |
Industry Transcripts by Seeking Alpha
-
Brown Shoe Co. Inc. Q3 2009 Earnings Call Transcript
on Nov 24, 2009about BWS
-
Daktronics Inc. F2Q10 (Qtr End 31/10/09) Earnings Call Transcript
on Nov 24, 2009about DAKT
-
Haynes International Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 24, 2009about HAYN
-
Valspar Corp. F4Q09 (Qtr End 30/10/09) Earnings Call Transcript
on Nov 23, 2009about VAL
-
Donaldson Company Inc. F1Q10 (Qtr End 31/10/09) Earnings Call Transcript
on Nov 19, 2009about DCI


