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
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
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.
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: www.arvinmeritor.com/ .
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