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.
Source: Meritor, Inc.
Date: Aug 28, 2012