ArvinMeritor Selected as Drivetrain Technology Partner on Two OEM Vehicle Platforms for Major Defense Program
26 Februar 2009 - 3:20PM
PR Newswire (US)
TROY, Mich., Feb. 26 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced it will be the drivetrain supplier for
two of the three prime contractors awarded technology demonstrator
contracts for the Joint Light Tactical Vehicle (JLTV) - Lockheed
Martin Systems Integration and BAE Systems U.S. Combat Systems.
ArvinMeritor has developed advanced technology solutions for the
JLTV program that include the Meritor lightweight, high mobility
independent suspensions, an integrated all-wheel drive system, a
central tire inflation system, semi-active damping, and
MeritorWABCO hydraulic braking systems with electronic stability
control. With a contract volume valued at approximately $20
billion, the JLTV is the largest military vehicle program expected
in the next two decades. "ArvinMeritor is highly committed to this
important effort and intends to make a significant investment in
engineering and prototype development to support the JLTV program,"
said Carsten Reinhardt, president of ArvinMeritor's Commercial
Vehicle Systems business. "Our unique capability in developing
specialized drivetrain solutions makes ArvinMeritor the right
partner to deliver the technology required for this highly
advanced, next generation vehicle platform." ArvinMeritor began
working on new products and technologies for the JLTV program in
2006, participating in the Nevada Automotive Test Centers (NATC)
Combat Tactical Vehicle Technical Demonstrator program. In that
competition, the NATC conducted detailed industry trade studies to
assemble a team to build the demonstrator. ArvinMeritor was
selected over several competitors to provide a high-wheel travel
independent suspension drive axle, pneumatic brake system and
electronic stability control. The JLTV is a joint Army and Marine
Corps program being developed to replace the U.S. military's aging
fleet of light tactical vehicles. With the technology development
contracts, the winning teams take another step forward in the
competition. This phase of the program will last for 27 months. At
the conclusion of the Technology Demonstration phase, the Army is
expected to select two firms for the next phase of the competition,
Engineering Manufacturing and Development, before choosing a winner
as early as fiscal year 2013 for a production contract. More than
half a century ago, ArvinMeritor began supplying drivetrain
components for military fleets. Today, the company provides global
systems solutions for a complete range of lightweight to
heavyweight tactical wheeled vehicles, armored personnel carriers
and wheeled combat vehicles for all types of terrains. About BAE
Systems BAE Systems is the premier global defense and aerospace
company delivering a full range of products and services for air,
land and naval forces, as well as advanced electronics, information
technology solutions and customer support services. With 100,000
employees worldwide, BAE Systems' sales exceeded 15.7 billion
pounds Sterling (US $31.4 billion) in 2007. About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin is a global
security company that employs about 146,000 people worldwide and is
principally engaged in the research, design, development,
manufacture, integration and sustainment of advanced technology
systems, products and services. The corporation reported 2008 sales
of $42.7 billion. About ArvinMeritor ArvinMeritor, Inc. is a
premier global supplier of a broad range of integrated systems,
modules and components to the motor vehicle industry. The company
marks its centennial anniversary in 2009, celebrating a long
history of 'forward thinking.' ArvinMeritor serves commercial
truck, trailer and specialty original equipment manufacturers and
certain aftermarkets, and light vehicle manufacturers. ArvinMeritor
common stock is traded on the New York Stock Exchange under the
ticker symbol ARM. For more information, visit the company's Web
site at: http://www.arvinmeritor.com/ . (Logo:
http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO
http://photoarchive.ap.org/ DATASOURCE: ArvinMeritor, Inc. CONTACT:
Media Inquiries, Krista Sohm, +1-248-435-7115, ; or Investor
Inquiries, Terry Huch, +1-248-435-9426, Web Site:
http://www.arvinmeritor.com/.
Copyright