Textron to acquire Howe and Howe Technologies

Textron said today it has agreed to buy Howe and Howe Technologies and make it part of the Textron Systems business unit.

"The combined portfolio of Textron Systems and Howe & Howe Technologies will position Textron Systems as a global leader in autonomy across the air, land and sea domains," Textron said.

Howe and Howe specializes in advanced robotic land vehicles, including the Ripsaw Super Tank. Textron said the addition would ensure it's positioned to provide unmanned capabilities across all three domains.

"We are clear on the U.S. military's vision and their future technology needs for autonomy, robotics and unmanned systems," Lisa Atherton, the chief executive of Textron Systems, said in a statement. "This planned acquisition demonstrates our commitment to our U.S. military customers and an understanding of their critical work."

The deal is slated to close in mid-December. Terms of the agreement were not disclosed.