Textron Marine & Land Systems' offices will remain in Slidell for at least another year.
The Textron Inc. division said Wednesday that it has a lease extension through May 31, 2014, with two one-year options, pending approval by the Slidell City Council. The current lease ends in May.
The division makes and supports military vehicles, ships and boats. It has leased offices from Slidell since 2007. Its factory is in eastern New Orleans; it has an assembly plant and a warehouse in Slidell.
Terms of the extension were not disclosed in the company's news release.
The U.S. Department of Commerce has awarded a $1 million grant to the Port of Greater Baton Rouge to rebuild a rail line at the marine terminal which was damaged by Mississippi River flooding in spring 2011.
The Advocate reports the money was part of a $200 million appropriation Congress made to help communities that received a major disaster designation in fiscal 2011.