TROY, Mich., Sept 09, 2010 /PRNewswire via COMTEX/ --
ArvinMeritor, Inc. (NYSE: ARM) announced today that its Meritor ProTec(TM) High Mobility Independent Suspensions (HMIS) will be standard on BAE Systems' Caiman Multi-Terrain Vehicle (MTV), providing advanced force protection, mobility and ride quality. Initial production deliveries to BAE Systems will begin in November 2010.
BAE Systems has received an award from the U.S. Government to upgrade 1,700 Caiman Mine Resistant Ambush Protected (MRAP) multi-terrain vehicles (MTV). The Caiman MTV will include a chassis and powertrain improvement which includes the Meritor ProTec Series 50 heavy-duty independent suspensions.
"With this Caiman MTV award, we look forward to continuing our long-term relationship with BAE Systems," said Tim Burns, general manager of ArvinMeritor's Defense business unit. "We value the opportunity to supply our advanced independent suspension technology in support of our nation's military."
"We selected ArvinMeritor as our suspensions provider based on their proven performance and dedication to provide the most reliable and durable products for the warfighter," said Chris Chambers, vice president and general manager of BAE Systems in Sealy, Texas.
The Caiman MTV is specially designed to meet and function in the extreme environments of today's and tomorrows military operations. The Meritor ProTec Series 50 is part of Meritor's recently announced ProTec family of high mobility independent suspension systems, all of which are engineered to deliver unparalleled protection, payload and performance.
ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers and the aftermarket for the transportation and industrial sectors. The company serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. ArvinMeritor marked its centennial anniversary in 2009, celebrating a long history of 'forward thinking.' ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For important information about the company, visit arvinmeritor.com.
Forward Looking Statement
This press release contains statements that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "estimate," "should," "are likely to be," "will" and similar expressions. Actual results may differ materially from those projected in forward-looking statements as a result of certain risks and uncertainties which are listed in our SEC filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
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SOURCE ArvinMeritor, Inc.