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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 17, 2011 2:36pm
247 Views
Post# 19245995

Marines prefer JLTV over recapped Humvee

Marines prefer JLTV over recapped HumveeDespite looming threats of deeper defense cuts — and uncertainty about whether the program itself will survive — the Marine Corps would rather buy new Joint Light Tactical Vehicles than modernize the vehicles it has now, our distinguished colleague Matt Cox reports.

https://www.dodbuzz.com/2011/11/17/marines-prefer-jltv-over-recapped-humvee/

Here’s the dispatch he filed from Wednesday’s House Armed Services land forces subcommittee hearing:

Lawmakers pressed Marine acquisition officials to explain why the service isn’t considering the Army’s Humvee recapitalization plan, an effort designed to beef up existing Humvees with cost-saving improvements so they can better cope with the modern battlefield.

https://www.dodbuzz.com/wp-content/themes/dodbuzz/thumb.php?src=https://www.dodbuzz.com/wp-content/uploads/2011/11/bae_jltv.jpg&w=300&h=200&zc=1&q=80

Lawmakers pressed Marine acquisition officials to explain why the service isn’t considering the Army’s Humvee recapitalization plan, an effort designed to beef up existing Humvees with cost-saving improvements so they can better cope with the modern battlefield.

“We are in a budgetary situation right now where everyone is looking to pinch pennies,” said Pennsylvania Democratic Rep. Mark Critz. “The move from the Humvee to the JLTV program — I’m trying to understand what the Marine Corps’ plan is. I have heard in some of the reporting that the recapping of the Humvee is about half the price of building new.”

The Marine Corps’ Program Executive Officer for Land Systems, William Taylor, said he didn’t buy that estimate.

“I would respectfully disagree that that Humvee recap would equate to about half the cost,” he said. “Our best estimates of what it would take to overcome the engineering deficiencies to provide a durable Humvee range somewhere between $240,000 and $260,000, so at that cost you are bumping up against a cost of a new vehicle that would provide much more capability.”

Aside from its fleet of Mine Resistant Ambush Protected vehicles, the Marines have a trimmed-down fleet of about 18,600 Humvees and other tactical vehicles, said Brig. Gen. Daniel O’Donohue, director of the Capabilities Development Directorate, Combat Development & Integration.

The Marines plan to replace about 5,500 of those Humvees with new vehicles, he said.

“These are the ones that shoot, move and communicate forward; they have the most demanding profile,” O’Donohue said. “And these are the ones that we are looking at for the JLTV.”

MRAPs will likely be placed in war reserve for when they are needed, Marine officials said.

“We have cast a post-OEF Marine Corps which is not for extended campaigns ashore but to be a crisis response force,” O’Donohue said. “The MRAP was a substitute in a high IED threat but isn’t applicable for where we might go otherwise.”

As for the remainder of Humvees, O’Donohue said the Corps will maintain the fleet and modernize them in the late 2020s.
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