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Textron Systems secures $231 million U.S. Navy contract for landing craft

Defense contractor Textron Systems wins a $231 million contract to deliver landing craft to the U.S. Navy, expanding its maritime defense portfolio.

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Helena Vásquez · Business Desk · 17 Aug 2026 · 1 min read
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Textron Systems secures $231 million U.S. Navy contract for landing craft

Textron Systems has been awarded a $231 million contract by the U.S. Navy to provide landing craft, the defense contractor said in a statement.

The agreement covers the design, development, and delivery of multiple landing craft units, supporting the Navy’s amphibious operations and maritime mobility requirements. Financial terms were not disclosed beyond the contract value.

The contract follows a competitive bidding process and reinforces Textron Systems’ position in the defense procurement market. The company, a subsidiary of Textron Inc., specializes in advanced aerospace and defense technologies, including unmanned systems and maritime solutions.

Delivery schedules and specific vessel configurations were not detailed in the announcement. The Navy’s amphibious fleet plays a critical role in expeditionary warfare, enabling rapid deployment of personnel and equipment.

Textron Systems did not respond to requests for additional comment on production timelines or technical specifications.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

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