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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

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Post by red_baronon Jan 27, 2012 2:08pm
268 Views
Post# 19458381

Army Seeks Next Round of Bids for JLTV

Army Seeks Next Round of Bids for JLTV

The Army on Jan. 26 issued a call for bids for the next phase of the Joint Light Tactical Vehicle program.

https://www.nationaldefensemagazine.org/blog/Lists/Posts/Post.aspx?ID=651

The request for proposals comes on the same day that Defense Department officials revealed details about budget reductions and announced their decision to terminate the Humvee recapitalization program and shift those resources to JLTV.

“Both the Army and the U.S. Marine Corps have identified critical capability gaps in their respective light tactical vehicle fleets,” said Kevin M. Fahey, program executive officer for combat support and combat service support (PEO CS&CSS). “JLTV is the most cost-effective program to meet capability gaps for the light tactical vehicles with the most demanding missions.”

Industry executives had been gearing up for both JLTV and a Humvee recap program. But critics have been pointing out the overlap between the two efforts, as well as similarities with the all-terrain variant of the Mine-Resistant Ambush-Protected vehicle. Some experts said that it would be unlikely that both JLTV and the Humvee recap program could survive the current budget situation.

Concerns about JLTV were raised after Army and Marine Corps officials seemed divided on the approach to the vehicle. The Army was pushing for more protection to guard against roadside bombs while the Marine Corps wanted a vehicle light enough to transport via helicopters and on the back of ships. During a technology development phase, officials said that all of the vehicle prototypes delivered by the contractors were overweight.

The teams during that phase – led by Lockheed Martin Corp., BAE Systems and an AM General-General Dynamics consortium called General Tactical Vehicles – have been tweaking their vehicle designs in anticipation of the RFP and the engineering and manufacturing development phase of the program. The focus, industry executives told National Defense, has been on weight and shaving costs. Initial estimates put a single vehicle at more than $300,000, a price the Marine Corps said it could not afford. The goal now is for each vehicle to cost between $230,000 and $270,000.

The new RFP calls for vehicles to have curb weights no greater than 14,000 pounds and says that they should be transportable by CH-47 and CH-53 helicopters.

The Army intends to award up to three contracts during the summer for the EMD phase. Each contract will call for 22 prototypes to be delivered. The service has reduced the allotted time that was anticipated for this next phase as part of an effort to refine the acquisition strategy and get the vehicles to troops sooner, officials said.

The service plans to award a single contract for production in 2015. Officials have said the Army would like to buy 20,000 vehicles and the Marine Corps as many as 5,500.

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