Allison Transmission Develops Electrification Technology For US Army Combat Vehicles

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  • Allison Transmission Holdings Inc ALSN is developing an electrification technology for integration into the U.S. Army's ground combat vehicle fleet.
  • The vehicle fleet includes tracked Infantry Fighting Vehicles and the Main Battle Tank.
  • Allison Transmission said it is focused on powering the U.S. Army's Optionally Manned Fighting Vehicle (OMFV), a tracked vehicle program that could be the Army's largest vehicle procurement in over four decades, with a potential volume of nearly 4,000 vehicles.
  • Allison will design, develop and validate a motor/generator and inverter system coupled to a tracked vehicle transmission.
  • Price Action: ALSN shares closed higher by 0.31% at $36.01 on Tuesday.
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