Meritor Inc : Meritor® Defense Supports Lockheed Martin with ProTec™ Suspension for JLTV Development Contract ...... at least we know some companies supporting the bidders are annoucing their involvement, the question remains is Cymat?
https://www.4-traders.com/MERITOR-INC-11684/news/Meritor-Inc-Meritor%AE-Defense-Supports-Lockheed-Martin-with-ProTec%99-Suspension-for-JLTV-Developme-14475033/
Meritor, Inc. (NYSE: MTOR) announces that its ProTec™ High Mobility Independent Suspension (HMIS) will be integrated into Lockheed Martin's (NYSE: LMT) military vehicle that recently advanced to the next round of the Army and Marine Corps Joint Light Tactical Vehicle (JLTV) program.
Lockheed Martin is one of three companies recently awarded an Engineering and Manufacturing Development (EMD) contract for the JLTV. This vehicle is designed to provide the ultimate payload, performance and protection to support our warfighters.
Engineered for extreme environments, the ProTec Series 30 HMIS is an advanced technology solution that was developed for the JLTV program. It provides outstanding off-road maneuverability and premium ride quality.
"With more than 100,000 miles of testing, the performance of the ProTec HMIS has been proven during the Technology Development phase of the JLTV program," said Dave Damian, director, Sales and Business Development, Meritor Defense. "Our team began developing the ProTec Series 30 for the JLTV in 2005 and has been dedicated to providing the best possible solution for our warfighters."
Earlier this year, the JLTV program entered the EMD phase, where six industry teams submitted bids for as many as three contracts. A production contract is expected late in 2015 or in early 2016.
A ProTec vehicle testing video on an up-armored HMMWV platform is available at meritordefense.com.
About Meritor, Inc.
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 100-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers in more than 70 countries. Meritor is based in Troy, Mich., United States, and is made up of more than 10,000 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at meritor.com.