Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program
Team Lynx, led by ARV, will now provide detailed designs, test and build prototypes of Next Generation Combat Vehicle equipped with Allison’s eGen Force electric hybrid.
INDIANAPOLIS, July 26, 2023 – Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, will provide the Allison eGen
Force™ electric hybrid system for American Rheinmetall Vehicles’ (ARV) Team Lynx prototype. Team Lynx, led by ARV, was recently selected for Phases 3 and 4 in the U.S. Army’s Optionally Manned Fighting Vehicle competition, now named
the XM30 Combat Vehicle program.
“Allison Transmission is proud to partner with ARV and all members of Team Lynx—Textron Systems, Raytheon, L3Harris Technologies and Anduril Industries,” said Dana Pittard, Vice President Defense Programs, Allison Transmission. “Allison
has combined its decades of expertise in both electric hybrid propulsion solutions and defense vehicles to develop our eGen Force that delivers optimal acceleration and braking, precision steering and true engine-off silent mobility, which are critical
differentiators for this combat vehicle.”
The XM30 Combat Vehicle program (formerly OMFV) is the priority ground modernization five-phased program for the U.S. Army that will replace nearly 3,000 Bradley Infantry Fighting Vehicles. Only two competitors were awarded contracts for Phases 3 and
4 Detailed Design and Prototype Build and Test. Team Lynx will now complete the designs that began in the Phase 2 Concept Design phase and build prototypes for U.S. Army evaluation beginning in 2026 with final selection and Low-Rate Initial Production
to begin in late 2027.
The Allison eGen Force features fully integrated autonomy-enabling drive, steer and braking systems. The eGen Force benefits from Allison’s more than two decades of electric hybrid system experience as well as its tracked vehicle system knowledge
refined over seven decades. The advanced propulsion solution features a 220-kilowatt electric motor and associated inverter for on-board vehicle power and parallel electric hybrid operation. Beyond power generation for auxiliary system capability
development, the propulsion solution provides enhanced mobility performance and efficiency with a significant reduction in fuel consumption and reduced thermal and acoustic signatures.
26 Jul, 2023
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified
propulsion systems that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach),
motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more
than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis,
Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has approximately 1,600 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
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.