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Brandnew Allison 4040 MX™ cross-drive transmission to equip the CV90 Mk IV infantry preventing automobile.
INDIANAPOLIS, July 17, 2024 /PRNewswire/ — Allison Transmission has signed a word of honour with BAE Programs Hägglunds, considered one of Europe’s maximum a hit manufacturers of tracked fight cars, to serve the unutilized Allison 4040 MX™ propulsion resolution for ongoing CV90 Infantry Combating Automobile (IFV) methods with manufacturing anticipated to start out in 2028. The 4040 MX extends Allison’s medium weight providing in its cross-drive product portfolio as an uprated variant of the confirmed 3040 MX™ cross-drive transmission discovered within the U.S. Military’s M10 Booker Struggle Automobile. This unedited collaboration represents a continuation of a longstanding dating between BAE Programs Hägglunds and Allison and represents a possibility for persevered expansion in Allison’s Protection finish marketplace above the various methods anticipated to power $100 million of incremental annual income. Each BAE Programs’ BvS10 and Beowulf tracked cars are geared up with the Allison 3000 Uniqueness Layout™ transmissions.
“We are looking forward to further strengthening the cooperation with Allison, after many years of close and valuable cooperation. With this we further secure the CV90’s position in the growing global market and can offer current and future customers a reliable, modern and proven driveline,” stated Tommy Gustafsson-Rask, Managing Director, BAE Programs Hägglunds.
The 4040 MX will equip ongoing CV90 methods together with the CV90Mk IV IFV. The oath additionally assures longer term backup to the present Allison X300-equipped CV90 fleet. Just about 1,000 CV90s are these days operated via Sweden, Denmark, Estonia, Finland, the Netherlands, Norway and Switzerland. BAE Programs Hägglunds and the CV90 just lately gained notable IFV promises in Slovakia and Czech Republic for about 400 unutilized cars.
Designed and manufactured in Sweden, the CV90 IFV is broadly famend for its staff and passenger coverage. With a capability to house a staff of 3 and as much as 8 infantrymen, the CV90 offer unheard of coverage now not to be had in any alternative IFV.
“Allison Transmission is proud to support BAE Systems Hägglunds, their incredibly talented workforce and leadership and their impressive vehicles,” stated Dana Pittard, Vice President of Protection Systems, Allison Transmission. “We are excited to deliver a new product uniquely designed for the CV90 Mk IV vehicle and the numerous nations who trust this vehicle to execute their toughest missions. The introduction of the 4040 MX enhances Allison’s portfolio, opening new avenues for international expansion by offering innovative solutions tailored to the evolving needs of our customers.”
To be told extra about Allison protection answers, seek advice from allisontransmission.com.
About Allison Transmission
Allison Transmission (NYSE: ALSN) is a important clothier and producer of propulsion answers for business and protection cars and the biggest world producer of medium- and heavy-duty totally computerized transmissions that Support the Means the Global Works. Allison merchandise are impaired in all kinds of packages, together with on-highway vehicles (distribution, no, building, fireplace and catastrophe), buses (faculty, transit and trainer), motorhomes, off-highway cars and gear (power, mining and building packages) and protection cars (tactical wheeled and tracked). Based in 1915, the corporate is headquartered in Indianapolis, Indiana, USA. With a presence in additional than 150 international locations, Allison has regional headquarters in the Netherlands, China and Brazil, production amenities within the USA, Hungary and Republic of India, in addition to world engineering assets, together with electrification engineering facilities in Indianapolis, Indiana, Auburn Hills, Michigan and London within the United Kingdom. Allison additionally has roughly 1,600 sovereign distributor and broker places international. For more info, seek advice from allisontransmission.com.
Ahead-Taking a look Statements
This press let fall comprises forward-looking statements. The phrases “believe,” “expect,” “anticipate,” “intend,” “estimate” and alternative expressions which can be predictions of or point out era occasions and tendencies and that don’t relate to ancient issues determine forward-looking statements. You will have to now not playground undue reliance on those forward-looking statements. Even supposing forward-looking statements mirror control’s excellent religion ideals, reliance will have to now not be put on forward-looking statements as a result of they contain recognized and unknown dangers, uncertainties and alternative elements, which might reason latest effects, efficiency or achievements to vary materially from expected era effects, efficiency or achievements expressed or implied via such forward-looking statements. Ahead-looking statements talk handiest as of the life the statements are made. We adopt refuse legal responsibility to publicly replace or revise any forward-looking remark, whether or not on account of unutilized data, era occasions, modified instances or another way. Those forward-looking statements are matter to various dangers and uncertainties, together with, however now not restricted to: our participation in markets which can be aggressive; our talent to arrange for, reply to and effectively succeed in our goals on the subject of technological and marketplace tendencies, aggressive ultimatum and converting buyer wishes, together with with admire to electrical hybrid and entirely electrical business cars; will increase in value, disruption of provide or insufficiency of work, freight, uncooked fabrics, power or parts impaired to create or delivery our merchandise or the ones of our consumers or providers, together with on account of geopolitical dangers, wars and pandemics; world financial volatility; basic financial and business situations, together with the danger of recession; exertions moves, paintings stoppages or related exertions disputes, which might considerably disrupt our operations or the ones of our essential consumers or providers; the length and unfold of the COVID-19 pandemic, together with unutilized variants of the virus and the age and availability of vaccines and boosters, mitigating efforts deployed via govt companies and the folk at massive, and the total have an effect on from such outbreak on financial situations, monetary marketplace volatility and our industry, together with however now not restricted to the operations of our production and alternative amenities, the supply of work, our provide chain, our distribution processes and insist for our merchandise and the corresponding affects to our internet gross sales and money current; the extremely cyclical industries by which sure of our finish customers perform; hesitation within the world regulatory and industry environments by which we perform; the focus of our internet gross sales in our manage 5 consumers and the lack of any this kind of; the failure of markets out of doors North The usa to extend adoption of totally computerized transmissions; the good fortune of our analysis and building efforts, the result of which is unsure; U.S. and overseas protection spending; dangers related to our global operations, together with acts of battle and higher business protectionism; the invention of defects in our merchandise, to effect delays in unutilized type launches, recall campaigns and/or higher guaranty prices and aid in era gross sales or harm to our logo and recognition; our talent to spot, consummate and successfully combine acquisitions and collaborations; dangers matching to our indebtedness; and alternative dangers and uncertainties related to our industry described in our Annual Record on Mode 10-Okay and Quarterly Studies on Mode 10-Q. Even supposing we consider the expectancies mirrored in such forward-looking statements are based totally upon cheap suppositions, we will be able to give refuse commitment that the expectancies shall be attained or that any rerouting might not be subject material. All data is as of the life of this press let fall, and we adopt refuse legal responsibility to replace any forward-looking remark to adapt the remark to latest effects or adjustments in expectancies and dangers matching to our indebtedness.
SOURCE Allison Transmission Holdings Inc.
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