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Stock impact report

U.S. Army’s Mobile Protected Firepower Program Features Allison Transmissions

Allison Transmission Holdings, Inc. (ALSN) 
Last allison transmission holdings, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.allisontransmission.com
Company Research Source: Business Wire
Allison’s 3040 MX cross-drive transmission chosen by both manufacturers competing for the Army’s new Mobile Protected Firepower vehicle. INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and military vehicles, is an active participant in the U.S. Army’s combat vehicle modernization plan, including the Mobile Protected Firepower (MPF) program. The two vehicle manufacturers selected to compete for the MPF contract have selected Allison’s 3040 MX cross-drive transmission for their vehicles. The Army intends to procure more than 500 MPF vehicles over the next 10 years.The MPF is a new armored light tank designed to increase the combat power of the Army’s light brigades. Unlike the Army’s armored brigades, the service’s infantry brigades lack the ability to defeat enemy tracked combat vehicles, fortified bunkers and other armor threats. MPF provides these light brigades with the mob Show less Read more
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