INDIANAPOLIS, April 18, 2024 /PRNewswire/ -- Allison
Transmission, a leading designer and manufacturer of conventional
and electrified vehicle propulsion solutions for tactical wheeled
and tracked defense vehicles, partnered with HST Otomotiv,
Allison's licensed manufacturer in Türkiye, to deliver the Allison
X1100-5A4 cross-drive transmission for integration into the Next
Generation T-155 Firtina 155 mm Self-Propelled Howitzer for the
Turkish Armed Forces. As part of the initial delivery,
10 transmissions have been successfully provided to Türkiye,
with several already installed in the vehicles. Full production of
the new tracked defense vehicle is scheduled for July 2024, with a total of 140 Firtina Howitzers
expected to be delivered to the Turkish Armed Forces. The Firtina
is one of many growth opportunities expected to drive $100 million of incremental annual revenue in
Allison's Defense end market.
"Allison has an established history of delivering propulsion
solutions that deliver unrivaled reliability and durability for the
severe duty-cycles associated with the defense end market," said
Dana Pittard, Vice President,
Defense Programs, Allison Transmission. "We are pleased to
collaborate with HST to power Turkish-built defense vehicles for
the Turkish Armed Forces with superior maneuverability,
increased fuel efficiency and low maintenance requirements."
The Turkish Armed Forces first unveiled the tracked defense
vehicle at the International Defense Industry Fair in Istanbul, Türkiye. The next generation Firtina
features design and technology improvements including firepower and
mobility upgrades. The vehicle can achieve a maximum speed of up to
65 km/h and is capable of navigating through ditches that are 2.8
meters wide and water bodies with a depth of 1.5 meters.
The Allison X1100 Series™ cross-drive transmission is
specifically designed for heavy tracked combat vehicles from 45 to
63 tonnes. It offers four forward ranges, two reverse ranges and a
cross-drive design that integrates steering and braking into a
single compact, rugged unit. The X1100-5A4 transmission will enable
the vehicle to operate efficiently in lower engine speeds, which is
often required in severe duty-cycles including defense
operations.
For more information on the Allison X1100 cross-drive
transmission, visit allisontransmission.com.
About Allison Transmission
Allison Transmission (NYSE:
ALSN) is a leading designer and manufacturer of propulsion
solutions for commercial and defense vehicles and the largest
global manufacturer of medium- and heavy-duty fully automatic
transmissions that Improve the Way the World Works.
Allison products are used in a wide variety of applications,
including on-highway trucks (distribution, refuse, construction,
fire and emergency), buses (school, transit and coach), motorhomes,
off-highway vehicles and equipment (energy, mining and construction
applications) and defense vehicles (tactical wheeled and tracked).
Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in
more than 150 countries, Allison has regional headquarters in
the Netherlands, China and Brazil, manufacturing facilities in the
USA, Hungary and India, as well as global engineering
resources, including electrification engineering centers in
Indianapolis, Indiana,
Auburn Hills, Michigan and
London in the United Kingdom. Allison also has approximately
1,600 independent distributor and dealer locations worldwide. For
more information, visit allisontransmission.com.
Forward-Looking Statements
This press release contains forward-looking statements. The words
"believe," "expect," "anticipate," "intend," "estimate" and other
expressions that are predictions of or indicate future events and
trends and that do not relate to historical matters identify
forward-looking statements. You should not place undue reliance on
these forward-looking statements. Although forward-looking
statements reflect management's good faith beliefs, reliance should
not be placed on forward-looking statements because they involve
known and unknown risks, uncertainties and other factors, which may
cause actual results, performance or achievements to differ
materially from anticipated future results, performance or
achievements expressed or implied by such forward-looking
statements. Forward-looking statements speak only as of the date
the statements are made. We undertake no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events, changed circumstances or
otherwise. These forward-looking statements are subject to numerous
risks and uncertainties, including, but not limited to: our
participation in markets that are competitive; our ability to
prepare for, respond to and successfully achieve our objectives
relating to technological and market developments, competitive
threats and changing customer needs, including with respect to
electric hybrid and fully electric commercial vehicles; increases
in cost, disruption of supply or shortage of labor, freight, raw
materials, energy or components used to manufacture or transport
our products or those of our customers or suppliers, including as a
result of geopolitical risks, wars and pandemics; global economic
volatility; general economic and industry conditions, including the
risk of recession; labor strikes, work stoppages or similar labor
disputes, which could significantly disrupt our operations or those
of our principal customers or suppliers; the duration and spread of
the COVID-19 pandemic, including new variants of the virus and the
pace and availability of vaccines and boosters, mitigating efforts
deployed by government agencies and the public at large, and the
overall impact from such outbreak on economic conditions, financial
market volatility and our business, including but not limited to
the operations of our manufacturing and other facilities, the
availability of labor, our supply chain, our distribution processes
and demand for our products and the corresponding impacts to our
net sales and cash flow; the highly cyclical industries in which
certain of our end users operate; uncertainty in the global
regulatory and business environments in which we operate; the
concentration of our net sales in our top five customers and the
loss of any one of these; the failure of markets outside
North America to increase adoption
of fully automatic transmissions; the success of our research and
development efforts, the outcome of which is uncertain; U.S. and
foreign defense spending; risks associated with our international
operations, including acts of war and increased trade
protectionism; the discovery of defects in our products, resulting
in delays in new model launches, recall campaigns and/or increased
warranty costs and reduction in future sales or damage to our brand
and reputation; our ability to identify, consummate and effectively
integrate acquisitions and collaborations; risks related to our
indebtedness; and other risks and uncertainties associated with our
business described in our Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q. Although we believe the expectations
reflected in such forward-looking statements are based upon
reasonable assumptions, we can give no assurance that the
expectations will be attained or that any deviation will not be
material. All information is as of the date of this press release,
and we undertake no obligation to update any forward-looking
statement to conform the statement to actual results or changes in
expectations and risks related to our indebtedness.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/allison-transmission-delivers-cross-drive-transmission-to-turkish-armed-forces-for-next-generation-tracked-defense-vehicle-302120344.html
SOURCE Allison Transmission Holdings Inc.