Textron Systems New Orleans held a ceremony on Monday to mark the start of production of the Navy's newest hovercraft: a landing craft designed to haul vehicles, heavy equipment, and supplies over water and beaches.
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.
Textron Marine & Land Systems has gotten an order for 71 mobile strike force vehicles for the Afghanistan National Army. The company says the order has a cost cap of about $79 milllion and brings the total for Afghanistan to nearly 500 vehicles.