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Textron Supplies XM204 Top Attack Anti-Vehicle Munition to US Army
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Key Takeaways
{\"0\":\"Textron Systems delivered the XM204 Top Attack Munition to the U.S. Army for operations in Europe.\",\"1\":\"The XM204 features four top-attack munitions per launcher and covers a 100-meter strike zone.\",\"2\":\"Textron has more than 30 years of experience in developing terrain-shaping systems.\"}
Textron Inc.’s (TXT - Free Report) subsidiary, Textron Systems Corporation, recently stated that it has supplied the XM204 Top Attack Munition, an anti-vehicle terrain shaping system, to the U.S. Army to support its operations in Europe.
The delivery took place under the present XM204 low-rate initial manufacturing contract.
Textron’s Proficiency in Terrain Shaping Solution
Textron Systems brings more than 30 years of expertise in developing terrain-shaping systems and supporting the U.S. Army’s counter-mobility needs. The company is also developing next-generation top-attack and bottom-attack munition systems.
The company’s anti-vehicle munition systems leverage precise targeting sensors to neutralize armored platforms such as main battle tanks, infantry fighting vehicles, and engineer breaching and mobility equipment. The Anti-Vehicle Munition system operates in accordance with U.S. and NATO doctrines across diverse mission environments.
Textron’s XM204 top-attack anti-vehicle munition system holds four sensor-fused munitions, covering a 100-meter diameter strike zone, making it ideal for targeting heavy wheeled and tracked vehicles. The XM204 also incorporates advanced safety and is easily portable. The system’s self-destruct mechanism and target engagement capacity increase the counter-mobility capability of the forces.
Such expertise is likely to have drawn the attention of nations seeking to integrate Textron’s terrain-shaping systems into their defense arsenals.
Growth Potential
Per a report by Global Market Insights, the global precision-guided munition market is rapidly advancing, as demand for precision targeting increases to minimize collateral damage and enhance operational efficiency. It is projected to grow at a CAGR of 5.1% between 2025 and 2034.
Such growth prospects are favorable for Textron, a trusted developer of terrain-shaping solutions. Other companies poised to benefit from the expanding global precision-guided munition market are discussed below:
Lockheed Martin Corp. (LMT - Free Report) : Through the Javelin Joint Venture with Raytheon, a business unit of RTX Corporation (RTX - Free Report) , the company has developed the Javelin Weapon System. Javelin is a versatile, one-man-portable precision weapon system engineered to neutralize all known and emerging armored threats.
LMT boasts a long-term (three to five years) earnings growth rate of 10.3%. The Zacks Consensus Estimate for 2025 sales stands at $74.21 billion, which calls for an increase of 4.5%.
L3Harris Technologies, Inc. (LHX - Free Report) : The company's wolf pack vehicles can contain and deliver a wide range of launched effects, including precision kinetic strike and electronic warfare, target tracking, decoy, communications relay and more. Its Red Wolf is a kinetic vehicle designed for long-range, precise strikes.
LHX boasts a long-term earnings growth rate of 13%. The Zacks Consensus Estimate for 2025 sales stands at $21.75 billion, which calls for an increase of 2%.
TXT Stock Price Movement
In the past month, shares of Textron have risen 3.4% compared with the industry’s growth of 4.4%.
Image: Bigstock
Textron Supplies XM204 Top Attack Anti-Vehicle Munition to US Army
Key Takeaways
Textron Inc.’s (TXT - Free Report) subsidiary, Textron Systems Corporation, recently stated that it has supplied the XM204 Top Attack Munition, an anti-vehicle terrain shaping system, to the U.S. Army to support its operations in Europe.
The delivery took place under the present XM204 low-rate initial manufacturing contract.
Textron’s Proficiency in Terrain Shaping Solution
Textron Systems brings more than 30 years of expertise in developing terrain-shaping systems and supporting the U.S. Army’s counter-mobility needs. The company is also developing next-generation top-attack and bottom-attack munition systems.
The company’s anti-vehicle munition systems leverage precise targeting sensors to neutralize armored platforms such as main battle tanks, infantry fighting vehicles, and engineer breaching and mobility equipment. The Anti-Vehicle Munition system operates in accordance with U.S. and NATO doctrines across diverse mission environments.
Textron’s XM204 top-attack anti-vehicle munition system holds four sensor-fused munitions, covering a 100-meter diameter strike zone, making it ideal for targeting heavy wheeled and tracked vehicles. The XM204 also incorporates advanced safety and is easily portable. The system’s self-destruct mechanism and target engagement capacity increase the counter-mobility capability of the forces.
Such expertise is likely to have drawn the attention of nations seeking to integrate Textron’s terrain-shaping systems into their defense arsenals.
Growth Potential
Per a report by Global Market Insights, the global precision-guided munition market is rapidly advancing, as demand for precision targeting increases to minimize collateral damage and enhance operational efficiency. It is projected to grow at a CAGR of 5.1% between 2025 and 2034.
Such growth prospects are favorable for Textron, a trusted developer of terrain-shaping solutions. Other companies poised to benefit from the expanding global precision-guided munition market are discussed below:
Lockheed Martin Corp. (LMT - Free Report) : Through the Javelin Joint Venture with Raytheon, a business unit of RTX Corporation (RTX - Free Report) , the company has developed the Javelin Weapon System. Javelin is a versatile, one-man-portable precision weapon system engineered to neutralize all known and emerging armored threats.
LMT boasts a long-term (three to five years) earnings growth rate of 10.3%. The Zacks Consensus Estimate for 2025 sales stands at $74.21 billion, which calls for an increase of 4.5%.
L3Harris Technologies, Inc. (LHX - Free Report) : The company's wolf pack vehicles can contain and deliver a wide range of launched effects, including precision kinetic strike and electronic warfare, target tracking, decoy, communications relay and more. Its Red Wolf is a kinetic vehicle designed for long-range, precise strikes.
LHX boasts a long-term earnings growth rate of 13%. The Zacks Consensus Estimate for 2025 sales stands at $21.75 billion, which calls for an increase of 2%.
TXT Stock Price Movement
In the past month, shares of Textron have risen 3.4% compared with the industry’s growth of 4.4%.
Image Source: Zacks Investment Research
TXT’s Zacks Rank
Textron currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.