Allison Specialty Series™ Transmissions Selected for the U.S. Army’s Common Tactical Truck Prototype Vehicles
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CTT prototype vehicle competition features Allison’s Specialty Series™ fully automatic transmissions.
INDIANAPOLIS, February 13, 2023 – Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, is pleased to announce Allison’s
4000 Specialty Series™ transmissions are included in the U.S. Army’s Common Tactical Truck (CTT) prototype vehicle phase.
CTT, the newest tactical wheeled vehicle program, will begin replacing the U.S. Army’s aging fleet of heavy tactical wheeled vehicles. The U.S. Army has proposed replacing most variants in its heavy tactical wheeled vehicle fleet with a single platform
that shares a common powertrain, chassis and cab. The Army selected four companies to each provide several different prototype vehicles to refine specifications as the program moves to vehicle testing in 2024 and initial production by 2027.
“Allison Transmission is committed to leveraging advancements made in the commercial vehicle industry to provide defense customers with fuel efficient, reliable and innovative propulsion solutions,” said Dana Pittard, Vice President, Defense
Programs, Allison Transmission. “System and vehicle level integration expertise is a core competency and differentiator for Allison, and we are proud to deliver next generation capabilities in partnership with our defense customers to optimize
vehicle performance for the men and women of our nation’s armed forces.”
Allison’s proven propulsion solutions are operating in nearly all the Department of Defense’s medium and heavy-duty tactical trucks. The company continues to invest in fuel efficient technology such as Allison FuelSense® 2.0, an advanced
set of software and electronic controls that deliver fuel savings of up to 6% and reduce CO2 emissions in conventional vehicles all while ensuring maximum equipment readiness of the Army’s tactical wheeled vehicle fleet.
In addition, Allison Specialty Series transmissions are equipped with the company’s next generation electronic controls platform, which delivers advanced communications, functional safety, cybersecurity and over-the-air programming that are at the
forefront of commercial vehicle industry adoption.
13 Feb, 2023
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This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; 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 prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. 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.
SOURCE Allison Transmission Holdings Inc.