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Textron Systems Collaborates with Kodiak to Develop Uncrewed Military Vehicle

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Textron Systems is partnering with Kodiak Robotics to develop an uncrewed military ground vehicle for advanced terrain environments. This vehicle will integrate Kodiak's autonomous driving technology, designed for driverless operations. Kodiak's technology, validated by nearly 3 million miles of real-world operations, will be embedded in a Textron Systems' prototype vehicle. This collaboration marks Kodiak's first integration of its autonomous system into a driverless vehicle, featuring modular DefensePods for easy field swapping. Demonstrations are expected later in 2024, with future explorations in automating military tasks to enhance national security.

Positive
  • Textron Systems and Kodiak Robotics collaboration leverages dual-use technology.
  • Kodiak's autonomous system validated by nearly 3 million miles of real-world operations.
  • Textron Systems' extensive experience in military vehicles enhances reliability.
  • Successful integration can lead to advanced, mission-ready autonomous systems.
  • Field-swappable DefensePods reduce maintenance time in operational environments.
  • Future demonstrations with U.S. DoD and allied militaries indicate strong potential market.
Negative
  • Potential technical challenges integrating autonomous systems in military vehicles.
  • Operational reliance on AI technology might raise security and reliability concerns.
  • No immediate financial impact or revenue projections disclosed in the PR.
  • Dependence on future demonstrations and military interest poses uncertainty.

Insights

The collaboration between Textron Systems and Kodiak represents a significant step forward in autonomous military technology. By integrating Kodiak's AI-powered autonomous driving system into Textron's uncrewed military vehicles, the companies are pushing the boundaries of what is possible in military applications. The inclusion of Kodiak DefensePods, which are easily replaceable sensor units, enhances the vehicle's maintainability and adaptability in the field. Given that these systems can be swapped by non-specialized personnel in just 10 minutes, the operational efficiency of these vehicles is substantially improved. This aspect is important for military operations, where downtime can severely impact mission success. Also noteworthy is Kodiak's nearly 3 million miles of real-world operations, which underscores the reliability and robustness of the technology being utilized.

From a market perspective, this partnership could position both Textron and Kodiak as leaders in the emerging market for autonomous military vehicles. The move aligns well with the growing trend towards automation and remote operations in defense, driven by the need to minimize human risk in hostile environments. The potential for future collaborations with the U.S. Department of Defense and allied nations further expands the market opportunities. However, the success of this initiative will largely depend on the demonstration planned for later in 2024. If successful, it could lead to significant defense contracts, boosting both companies' revenues. Investors should monitor these developments closely, as they could indicate future growth trajectories for both companies.

In financial terms, the collaboration could have a positive impact on Textron's and Kodiak's valuation. Textron Inc. (NYSE: TXT) stands to benefit from integrating cutting-edge autonomous technology into its existing product lineup, potentially leading to an increase in defense-related revenues. This move aligns well with Textron’s strategy of enhancing its technological capabilities and expanding its product offerings. For Kodiak, this partnership opens up a new revenue stream in the defense sector, which is often less susceptible to economic cycles compared to commercial markets. The potential for lucrative defense contracts makes this a noteworthy development for shareholders of both companies. However, it's essential to consider the R&D costs and the time required to achieve full deployment, which could affect short-term profitability.

The companies are collaborating on the development of an uncrewed military vehicle intended for advanced terrain environments and designed without space for a driver

HUNT VALLEY, Md. and MOUNTAIN VIEW, Calif., May 20, 2024 /PRNewswire/ -- Textron Systems Corporation, a Textron Inc. (NYSE: TXT) company, a leading developer of crewed and uncrewed military ground vehicles, and Kodiak Robotics, Inc., a leading self-driving technology developer for the trucking and defense markets, announced today that they are collaborating to develop an autonomous military ground vehicle specifically designed for driverless operations. Through this collaboration, Kodiak will integrate its industry-leading autonomous system, the Kodiak Driver, into a Textron Systems prototype, purpose-built uncrewed military vehicle. This collaboration also marks Kodiak's first integration of its autonomous technology into a vehicle designed without space for a human driver.


Textron Systems has extensive experience in developing air, land and sea vehicles. The collaboration between the company, a leader in military ground vehicles, and Kodiak, a dual-use autonomous driving company for military and commercial applications, represents a unique model for bringing cutting-edge artificial intelligence (AI) powered, autonomous technologies to military customers. It also demonstrates the readiness of the Kodiak Driver for driverless operations as well as its adaptability to a diverse range of vehicle types, both on- and off-road.

The system being developed by the companies will operate using the same core technology that's embedded within Kodiak's autonomous long-haul trucks, which have been validated across nearly 3 million miles of real-world operations. The vehicle will also feature Kodiak DefensePods, an adapted version of Kodiak's modular, swappable SensorPods, designed for military use. DefensePods are pre-calibrated, pre-built hardware enclosures that include the sensors necessary for autonomous driving. A technician without specialized training can swap out a DefensePod in the field in 10 minutes or less.

"Textron Systems has designed, developed and manufactured military ground vehicle systems for decades. Joining forces with Kodiak allows us to bring cutting-edge autonomous technology to our industry-leading uncrewed military ground vehicle systems, progressing the functionality, adaptability, reliability and ruggedness of our technologies," said Textron Systems' David Phillips, Senior Vice President, Land and Sea Systems. "Integrating our vehicle with Kodiak's AI-powered autonomy software and pioneering modular DefensePods represents a major step forward in delivering a mission-ready autonomous system."

The companies intend to integrate Kodiak's technology into the Textron Systems uncrewed military vehicle and demonstrate driverless operations later in 2024. Afterwards, Textron Systems and Kodiak intend to jointly explore future opportunities with both the U.S. DoD and the militaries of other allied nations, as they look to accelerate automation into military ground vehicles. Deploying uncrewed vehicles to perform high-risk and complex tasks in the field will assist the U.S. military in removing servicemen and women from harm's way, while enhancing national security.

"The future of autonomous military ground vehicles is dual-use technology developers like Kodiak working with industry leaders like Textron Systems," said Don Burnette, founder and CEO, Kodiak. "Collaborating with Textron Systems will allow us to showcase the capabilities of Kodiak's AI-powered, driverless technology in military, off-road environments. Together, we can bring new capabilities to ground systems, supporting the warfighter at the speed of relevance."

Kodiak's collaboration with Textron Systems builds on the company's expansion to diversify applications of the Kodiak Driver for military vehicles. In December 2023, Kodiak unveiled its first autonomous test vehicle designed specifically for the DoD, a Ford F-150 upfit with Kodiak's autonomous technology.

Textron Systems has over three decades of experience in uncrewed land, air and sea systems, from design to integration to production. Having supported multiple military programs of record, Textron Systems builds on a mature, proven history in supporting the DoD and our allies. By collaborating with Kodiak, Textron Systems gains access to industry-leading autonomy capabilities, alongside its deep expertise in crewed and uncrewed vehicles.

About Kodiak Robotics, Inc.

Kodiak Robotics, Inc. was founded in 2018 and has become the trusted world leader in autonomous ground transportation committed to a safer and more efficient future for all. The company is developing an industry-leading artificial intelligence (AI) powered technology stack purpose-built for driverless military and long-haul trucking applications. Kodiak's unique modular hardware approach integrates sensors into a streamlined sensor-pod structure that optimizes for perception, scalability, and maintainability. The company delivers freight daily for its customers across the South, using its autonomous technology. Kodiak also leverages its commercial self-driving software to develop, test and deploy autonomous capabilities for the U.S. Department of Defense. Learn more about Kodiak on the web at kodiak.ai, and on LinkedIn and Twitter. You can find the company press kit HERE.

About Textron Systems

Textron Systems is a world leader in uncrewed air, surface and land products, services and support founded on the combined expertise in our family of brands that includes Textron Systems, Howe & Howe, Lycoming, and ATAC. We harness the unlimited power of teamwork to solve incredible problems across seven specialized domains: air, land, sea, propulsion, weapon systems, electronic systems and test, training & simulation. From product development and manufacturing to training, operations and support, we integrate and offer ingenious and advanced solutions to support defense, aerospace, and other customer missions. For more information, visit www.textronsystems.com.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com.

Forward-Looking Information

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses or delays in connection with the launching of significant new products or programs; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; and risks related to U.S. Government contracts as described in our filings with the Securities and Exchange Commission.

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SOURCE Kodiak Robotics

FAQ

What is Textron Systems' new collaboration about?

Textron Systems is collaborating with Kodiak Robotics to develop an uncrewed military ground vehicle using Kodiak's autonomous driving technology.

When will the Textron Systems and Kodiak Robotics vehicle be demonstrated?

The vehicle is expected to be demonstrated later in 2024.

What technology is being integrated into the Textron Systems' vehicle?

Kodiak's autonomous driving system, the Kodiak Driver, will be integrated into the Textron Systems' prototype military vehicle.

What are DefensePods in the context of the Textron-Kodiak collaboration?

DefensePods are modular, swappable sensor units designed for military use, allowing for quick field replacements.

What is the stock symbol for Textron Systems?

The stock symbol for Textron Systems' parent company, Textron Inc., is TXT.

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