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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 20, 2011 2:11pm
215 Views
Post# 19167555

Lockheed Martin's JLTV Meets Mine-Resistant

Lockheed Martin's JLTV Meets Mine-ResistantVehicle Protection Levels at 40 Percent Less Weight

https://www.prnewswire.com/news-releases/lockheed-martins-jltv-meets-mine-resistant-vehicle-protection-levels-at-40-percent-less-weight-131224614.html

Recent government blast tests demonstrated that Lockheed Martin's (NYSE: LMT) Joint Light Tactical Vehicle (JLTV) meets protection standards for IED-protected vehicles, while weighing approximately 40 percent less than other all-terrain models deployed in theater.

Lockheed Martin's JLTV succeeded in its blast tests, which used explosions commonly tested against many existing mine-resistant fleet vehicles.

"Our improved v-hull design is demonstrating its merit, having now surpassed Technology Development protection targets set by our customer," said Scott Greene, vice president of ground vehicles in Lockheed Martin's Missiles and Fire Control business. "Our team has produced a remarkable family of vehicles that strikes the right balance between weight and force protection."

The results verified Lockheed Martin's JLTV can protect soldiers from powerful blasts and still be transported by vertical lift, a new mobility option for the Army and Marines at this protection level. Previous U.S. Army and Marine Corps tests showed JLTV can be transported by CH-47 and CH-53 helicopters.

"In addition to being helo-transportable and mine-resistant, our JLTV design also brings another important advantage to the battlefield: improved mobility. Its lightweight, agile design will help soldiers to evade enemies and avoid threats," Greene said.

The government results mirrored Lockheed Martin's company-funded blast tests on its improved vehicle design. The Engineering and Manufacturing Development (EMD) vehicles feature evolutions in cab size and more affordable component materials.

Separate from those above-threshold tests, Lockheed Martin conducted over 20 blast and 200 ballistic component tests before Technology Development started.

"We anticipated blast protection requirements would increase for the EMD phase of the JLTV program, and we designed for it," said Kathryn Hasse, JLTV program director in Lockheed Martin's Missiles and Fire Control business. "We are acutely focused on providing enhanced force protection, performance and payload in an affordable vehicle system."

Lockheed Martin is pursuing the JLTV program, a joint services effort to return advanced mobility, protection and payload to deployed troops by replacing and complementing the aging High Mobility Multipurpose Wheeled Vehicle (Humvee) fleet. The JLTV program creates a common family of vehicles consisting of the Combat Tactical Vehicle and Combat Support Vehicle, both with multiple variants and associated companion trailers.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.
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