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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 Oct 27, 2010 5:15pm
393 Views
Post# 17620646

AUSA 10: US Army backs GCV and JLTV programmes

AUSA 10: US Army backs GCV and JLTV programmesThe US Army is' fully committed' to both the Ground Combat Vehicle (GCV) and Joint Light Tactical Vehicle (JLTV) programmes, officials stated at the AUSA Annual Meeting on 26 October.

https://www.shephard.co.uk/news/landwarfareintl/ausa-10-us-army-backs-gcv-and-jltv-programmes/7570/

According to Principal Military Deputy to the Assistant Secretary of the Army (Acquisition Logistics and Technology and Director, Acquisition Career Management, Lt Gen William N Phillips, an RfP for the delayed GCV programme is 'imminent'. Sources had suggested it would be released during the AUSA show but nothing has yet been declared.

Reinforcing comments made by the Secretary of the Army, John McHugh and the US Army Chief of Staff, Gen George Casey earlier in the week, Phillips said the first GCV vehicle could be produced within seven years.

'MRAP [mine resistant ambush protected vehicles] was delivered in 12 months followed by M-ATV [MRAP All Terrain Vehicle] in 15 months. We can exercise quickly when the need arises to protect soldiers in combat,' he said.

Referring to the delayed RfP for GCV, Lt Gen Robert P Lennox, Deputy Chief of Staff told the joint briefing that it had been 'too challenging' and had 'put the programme at risk'.

Regarding JLTV, officials reinforced that the army was committed but questioned how many vehicles it should buy over a period of time. 'We are buying lots of medium tactical wheeled vehicles today,' Lennox said. The army published its Tactical Wheeled Vehicle strategy at the show on 25 October.

Finally, officials said they were considering a number of options for the HMMWV Recapitalisation programme stating that force protection and survivability were the 'main issues'.

'Most work is initially being done by depots, including Red River, and then we will consider competition. We are still working through what we think the answers might be,' Lennox concluded.
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