Overwatch, an operating unit of Textron Inc. (TXT), has added TerraGo Technologies GeoPDF production capabilities to its RemoteView Pro 3.2 software that will facilitate convenient publishing of geo-referenced content from RemoteView to a PDF file, which then helps in easily accessing through standard Adobe Reader software using the free TerraGo Toolbar.
RemoteView Pro software is a preferred solution for the import, viewing, analysis, and reporting of national and commercial remote sensing data. The GeoPDF extension expands the already robust publishing functionality of the RemoteView Pro 3.2 product, and delivers a trusted format that supports imagery sharing and mission planning.
The TerraGo GeoPDF software extension improves Overwatch’s flagship geospatial analysis tool. Some new important features of GeoPDF include the Geo-Confidence indicator for verifying accuracy of positioning data, Dynamic Resolution Roam for improved roam performance, and Multiview Review enabling simultaneous review of up to 16 images.
GeoPDF maps and imagery generated from RemoteView Pro 3.2 software include all annotations and are easily used by intelligence analysts, military personnel and individuals with little or no geographic information systems (‘GIS’) experience.
Overwatch has commenced the shipping copies of RemoteView Pro 3.2 software with the inactive GeoPDF extension to customers under maintenance and support agreements.
Going forward, the company’s diversified presence across commercial, manufacturing and industrial products, as well as financing operations, insulates it from specific business risk. It is increasingly focused on its core manufacturing business and is gradually exiting from its commercial finance business.
However, Textron remains exposed to defense spending cuts. Moreover, a slower recovery in the business jet market could lead to deferrals of orders in its backlog. The company presently retains a short-term Zacks #4 Rank (Sell). We have a long-term Neutral recommendation on the stock.
The company is expected to release its earnings for second quarter 2011, on July 20, 2011. Going forward, the Zacks Consensus Estimates for second quarter 2011 and fiscal year 2011 are currently at 24 cents per share and $1.13 per share, respectively.
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 well known for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems.
Overwatch is a strategic business of Textron Systems Advanced Systems, an operating unit of Textron Systems, a Textron Inc. company. Some of its competitors include General Electric Co. (GE) and United Technologies Corp. (UTX).
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