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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 Nov 04, 2010 3:17pm
417 Views
Post# 17659074

New GCV RFP Will Feature Tiered Approach

New GCV RFP Will Feature Tiered ApproachThe revamped request for proposals (RFP) for the U.S. Army’s Ground Combat Vehicle (GCV) is “imminent” and will focus more on engineering and manufacturing and less on technology development while giving contractors the option of trading off some cost and capability elements for later increments, spokesman Paul Mehney says.

https://www.aviationweek.com/aw/generic/story_channel.jsp?channel=defense&id=news/asd/2010/11/03/01.xml&headline=New%20GCV%20RFP%20Will%20Feature%20Tiered%20Approach

https://www.aviationweek.com/media/images/defense_images/Wheels/Bradley-USArmy.jpg

The Army canceled the original RFP for the $40 billion GCV program in late August in favor of crafting a new one that would “rely on mature technologies in order to reduce significant developmental risk over a seven-year schedule following the initial contract award,” the service said at the time. “The refined RFP will result in a vehicle that provides soldiers with critical armored protection in the modern combat environment” (Aerospace DAILY, Aug. 26).

The RFP contains four top priorities, Mehney tells AVIATION WEEK. The first is for the program to deliver a model tailored for force protection. The second is to begin production within seven years. The other two priorities for the GCV will be to guarantee capacity for a nine-man infantry squad and to operate in a full spectrum of missions .

The four priorities represent a significantly truncated capability set in comparison to the service’s initial vision. But the Army fears “contractors had been asked to include too many features – a problem that could delay fielding while raising costs,” Lexington Institute defense analyst Loren Thompson writes in a recent brief.

The new RFP will emphasize a three-tiered approach for contractors to design a vehicle that offers the Army the best mix of cost and capability in both early models and later increments, according to Mehney. The first tier, he says, will include the Army’s “must-have” capabilities that will leave little wiggle room for contractor compliance. Those capabilities will be spelled out in the RFP. The second tier will allow contractors to offer trade-offs in capabilities to reduce costs.

For third-tier requirements, Mehney says, contractors have the option to defer some of the capabilities until future increments, depending on affordability and the Army’s assessment of the contractor’s ability to deliver.

“This is a big change in the RFP,” Mehney says. The idea is to cut down on the technological risk, shorten technology development and increase the engineering and manufacturing phase to create more prototypes and get the vehicles into the field for use by soldiers as soon as possible.

The new RFP also will be setting a price cap of $9 million to $11.5 million per copy, Mehney says.
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