Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Textron Hosts Chairman's Award for Innovation

Sun. July 27, 2008; Posted: 10:25 PM
Stocks RSS
Dublin, Jul 25, 2008 (M2 PRESSWIRE via COMTEX) -- TXT | Quote | Chart | News | PowerRating -- Textron announced it hosted its eighth annual "Chairman's Award for Innovation" ceremony in Newport, Rhode Island.

"The exceptional talent across Textron is evidenced within these leading innovations, and I am proud to be part of such an accomplished workforce," said Lewis B. Campbell, Textron's chairman, president and CEO. "These talented honorees and their innovations directly enhance our products, technology and business processes in ways that better serve our customers and advance Textron's success - which, in turn, contributes directly to our vision to become the premier multi-industry company."

This year's Chairman's Award winners were selected from a field of 137 nominations from Textron companies around the world. Of those, 56 nominations were chosen as finalists and a cross-business panel chose 19 winning innovations from Textron teams based in Germany, Switzerland, the United Kingdom and the United States.

The award-winning innovations include:

- Adaptive Active Vibration Control Algorithms, a new development to improve the effectiveness and customer acceptance of Active Vibration Control systems for helicopters - by a team at Bell Helicopter, Fort Worth, Texas.

- Advanced Infrared Signature Measurement Capability, an industry-leading system developed to measure the heat signatures of military rotorcraft, with unmatched accuracy, speed and cost-effectiveness - by a team at Bell Helicopter, Fort Worth, Texas.

- Environmental Compliance Through In-Transit Recovery of Heavy Metals from Wastewater, an improvement that eliminates one full tank and a process step in the wastewater treatment plant by injecting treatment chemicals into transfer piping. The result it a capacity increase of 50,200 gallons per day, elimination of capital investment and reduction in process time - by a team at Bell Helicopter, Fort Worth, Texas.

- Faster V-22, every V-22 Osprey will see improved performance in all areas while in airplane mode, including the ability to fly at least 20 knots faster - by a team at Bell Helicopter, Fort Worth, Texas.

- Strategic Research Planning and Management Process, a new process with three major components: the technology roadmap used to detail technology gaps that must close to enable future products, the project selection process ensures that annual research projects align with the roadmap and meet critical-to-satisfaction metrics, and the earned-value process optimizes cost, schedule and technical performance - by a team at Bell Helicopter, Fort Worth, Texas.

- Centers of Excellence, a new concept in supplier relationship management designed in the Fabricated Components Commodity Team (FCCT) at Cessna. FCCT leadership and strategic sourcing personnel worked directly with select suppliers to create a Center of Excellence for manufacturing families of parts - by a team at Cessna, Wichita, Kansas.

- Cessna Mustang/Model 510 Cabin Entry Door, a design that provides a simple solution to the demanding certification and customer requirements of the Mustang program. The most notable requirements were mechanism efficiency, ease of operation and an improved level of safety of the cabin entry door design - by a team at Cessna, Wichita, Kansas.

- Citation Service Center Mobile Service Unit (MSU), a truck mounted maintenance facility, specifically designed and outfitted to service Cessna Citation aircraft both during emergency and scheduled maintenance at airports, either in the customers' hanger or a transient location - by a team at Cessna, Wichita, Kansas and San Antonio, Texas.

- Universal Tool Jig, a design used to help assembly operators. It's used as a supplemental device to hold several parts for the purpose of drilling small sheet metal parts in a more efficient and safe way - by a team at Cessna, Wichita, Kansas.

- A/C Drive propulsion system for golf cars, an efficient, reliable and safe technology that supplies controllable power to the wheels of a golf car in effort to control speed, acceleration and braking - by a team at E-Z-GO, Augusta, Georgia.

- Brake by Wire and Automatic Parking Brake for Electric Vehicles, a brake with an electric drive motor and electromechanical brake. The braking command is provided by a piston sensor on the brake pedal - by a team at E-Z-GO, Augusta, Georgia.

- High Pressure Pumps for Ship Based SWI and Trenching Applications, a design and development that allows high pressure centrifugal pumps to be employed on board ships operating in difficult sea conditions - by a team at Fluid & Power, Sheffield, United Kingdom.

- Split Pump, a new gear pump, developed by Maag, to split the gear pump housing to fulfill customer requirements. Created to guarantee the ease of operation and withstand the high pressures and loads inside the pump casing. The whole system is assembled on a sliding/moving mechanism to fulfill all safety requirements and accelerate the cleaning process - by a team at Fluid & Power, Zurich, Switzerland and Bonn, Germany.

- NETcat Pro, a network cable tester with an intuitive touch-screen interface with a new system to combine a remote cable test unit and office ID unit in one, while keeping cost and power consumption down - by a team at Jacobsen, South Wales, United Kingdom.

- Eclipse Hybrid Electric Walking Greens Mower, a fully-electric hybrid mower-an industry first-utilizing an interchangeable battery or generator power plant. The hybrid power systems also reduces fuel consumption and exhaust emission by up to 40 percent and reduces fatigue-causing vibration and noise levels by up to 30 percent - by a team at Jacobsen, Charlotte, North Carolina.

- Hybrid Capital, this business practice consists of highly structured subordinated debt that is treated as equity, to some extent, by the rating agencies. The hybrid was adopted to drive substantial savings in cost of capital and improvement in ROIC/EVA. - by a team at Textron Corporate and Textron Financial, Providence, Rhode Island.

- Armored Security Vehicle (ASV) IED Fragment Defeat Kit, a life-saving, add-on armor kit for Textron's ASV, designed to defeat the blast and shrapnel threats posed to soldiers by improvised explosive devices. The kit can be installed in the field and is currently being retrofitted on all ASVs currently in use - by a team at Textron Systems, Slidell, Louisiana.

- LiteLight - Very Light Weight High Power Laser System, a laser that incorporates three major innovations to achieve an extremely high power solid state laser design suitable for military applications - by a team at Textron Systems, Wilmington, Massachusetts.

- Directed Encasement for Metallic Whisker Mitigation, a process that successfully encapsulates leads of electronic components for the mitigation of metallic whisker growth and associated reliability risks - by a team at Textron Systems, Wilmington, Massachusetts.

Event info and award recipients: www.textron.com.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

http://www.10meters.com

Comments on this story may be sent to newsdesk@closeupmedia.com

For full details on Textron Inc (TXT) click here. Textron Inc (TXT) has Short Term PowerRatings of 5. Details on Textron Inc (TXT) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [TXT]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.