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 Aug 31, 2012 7:27pm
417 Views
Post# 20286602

Navistar Files Protest, JLTV Program Comes To Halt

Navistar Files Protest, JLTV Program Comes To Halt

The $14 billion U.S. Army/Marine Corps Joint Light Tactical Vehicle (JLTV) program was put on hold Friday afternoon when Navistar, one of the three bidders not issued an engineering, manufacturing and development (EMD) contract on Aug. 22, filed a protest with the Government Accountability Office.

https://www.defensenews.com/article/20120831/DEFREG02/308310005/Navistar-Files-Protest-JLTV-Program-Comes-Halt?odyssey=nav%7Chead

In an email, Navistar spokeswoman Elissa Koc wrote, “following our debrief with the government, the company has concerns regarding the selection process and we’ve requested a review.”

BAE Systems and Northrop Grumman also failed to win EMD contracts. BAE spokesperson Stephanie Bissell Serkhoshian said that while the company attended the source selection evaluation results debrief Aug. 30, the company is “currently considering how to proceed. At this time no decision has been made.” When reached for comment, a General Dynamics official said the company has made no final decision on the way forward. The Army has not returned a request for comment.

Navistar submitted its Saratoga light tactical vehicle to the program office in March, but was shut out of the EMD phase on Aug. 22, when three $60 million contracts were awarded to Lockheed Martin, Oshkosh and AM General to work on the 27-month EMD portion of the competition, in which they’ll have 14 months to deliver 22 prototype vehicles

Bullboard Posts