Cymat TimelineSome reuters media analysis information today that supports the Cymat Timeline and Investor Presentation material....
Cymat Investor presentation illustrates the V-Hull system incorporating Cymat Smartmetal...
"Gates, a big fan of the Mine Resistant Ambush Protected, or MRAP, vehicle program, was concerned about the lack of a V-shaped hull on manned ground vehicles that were being designed by BAE Systems Plc BAES.L and General Dynamics Corp(GD) as part of the FCS program run by Boeing Co (BA) and Science Applications International Corp [SAICI.UL]."
Cymat Investor Presentation has milestone of June 2009 for US military preproduction contract...
"The U.S. Defense Department plans to award a contract around the end of June to just one of four companies bidding to build up to 2,080 lighter, more maneuverable MRAP vehicles."
Cymat Investor Presentation illustrates the Humvee as a typical market vehicle, custom applications like Blast seating systems and new vechicle design. The Humvee is a very popular military vechicle, however its downfall is the lack of blast protection....
"Lockheed Martin Corp (LMT), General Dynamics Corp (GD) and BAE Systems are competing for what could be $40 billion of work to replace the workhorse High Mobility, Multi-Wheeled Vehicles, or Humvees, used by U.S. forces in Iraq and elsewhere.
The Pentagon wants a vehicle that is more maneuverable and better protected against roadside bombs than the Humvee, which entered service in 1985. It plans to buy 60,000 JLTV vehicles for the Army, Marine Corps and special operations forces.
But the Marine Corps has already raised concerns about the increasing weight of the vehicles and their rising cost -- another big red flag for Gates."