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Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a manufacturing company. The Company holds licenses and related patents to manufacture and sell Stabilized Aluminum Foam (SAF), a cellular metallic material. SAF is produced utilizing a process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into strong, lightweight panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It develops applications for use in the automotive and industrial markets. Its divisions include SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. SAF is used in such industries as architectural design, military and automotive. It markets its architectural SAF under the Alusion brand and its automotive and military SAF under the SmartMetal brand.


TSXV:CYM - Post by User

Bullboard Posts
Post by red_baronon Apr 08, 2010 1:49pm
338 Views
Post# 16970635

General Dynamics Awarded $29 Million for RG-31 MRA

General Dynamics Awarded $29 Million for RG-31 MRAGeneral Dynamics Awarded $29 Million for RG-31 MRAP Upgrades

https://www.prnewswire.com/news-releases/general-dynamics-awarded-29-million-for-rg-31-mrap-upgrades-90217782.html


LONDON, Ontario, April 8 /PRNewswire-FirstCall/ -- U.S. Marine Corps Systems Command (MCSC) has awarded General Dynamics Land Systems-Canada a USD$28.6 million delivery order modification for proposed vehicle engineering upgrades and associated non-recurring engineering costs in support of RG-31 Mk5E vehicles under the Mine Resistant Ambush Protected (MRAP) vehicle program. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics ( GD).

These upgrades will support vehicles that are being manufactured under a delivery order awarded to General Dynamics Land Systems-Canada on February 17, 2010, for 250 RG-31 Mk5E vehicles for the MRAP program.

The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government.

General Dynamics Land Systems – Canada, located in London, Ontario, Canada, is a business unit of General Dynamics Land Systems of Sterling Heights, Michigan. For over 30 years, more than 2000 highly skilled technical employees have designed, manufactured, delivered and supported to global customers a unique family of light armoured vehicles (LAV).
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