Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dec 01, 2010 6:48am
264 Views
Post# 17781698

Army issues revised RFP for ground combat vehicle

Army issues revised RFP for ground combat vehicleThe Army on Tuesday asked industry to submit proposals for developing a new infantry fighting vehicle that could be used across the full spectrum of battlefield operations, from counterinsurgency to ground combat.

https://www.govexec.com/dailyfed/1110/113010kp1.htm

The request for proposals follows the August cancellation of a similar solicitation after Defense Department acquisition officials questioned the service's requirements and strategy for buying a new ground combat vehicle. Army leaders have struggled with the best way to fill the service's need for tactical vehicles after Defense Secretary Robert Gates scuttled that portion of the wide-ranging Future Combat Systems program last year.

"The Army and [Defense acquisition officials] have worked through this and are firmly committed to getting this kicked off," Col. Andrew DiMarco, ground combat vehicle project manager, said in a conference call with reporters.

Michael Smith, the official in charge of developing concepts and requirements for the vehicle, said the Army is looking for a vehicle that can be adapted "on the fly" to changing battlefield requirements and threats.

The infantry fighting vehicle must be able to carry nine soldiers and their gear, and it must have a modular armor system that can be tailored to specific situations, according to Smith.

The technical development phase will have full and open competition, DiMarco said, adding the Army could select up to three contractors for the initial award. To control costs, the Army has set a spending ceiling of $450 million for the development phase. Per unit manufacturing costs are to be between $9 million and $10.5 million with a life-cycle cost target of $200 per operating hour.

Proposals are due Jan. 21, 2011, and the Army expects to announce awards in April, said DiMarco.

The Army eventually plans to buy about 1,800 vehicles, he said.
Bullboard Posts