TenCate awarded important US defense contract of US Dollar 30 million
16 Aprile 2014 - 8:06AM
TenCate Advanced Armor in Newark (Ohio), USA, has been
selected by General Dynamics Ordnance and Tactical Systems, the
prime contractor for the U.S. Army Special Operations Command
(SOCOM) Ground Mobility Vehicle, to provide the GMV 1.1 armor
solution. This order has a value of about US Dollar 30 million.
Revenues will be generated in the next three to four years. Initial
production will start during the second half of
2014.
The Pentagon awarded General Dynamics Ordnance and Tactical
Systems a US Dollar 562 million contract for the Ground Mobility
Vehicle (GMV 1.1). SOCOM plans to purchase up to 1,300 GMVs over
the next 6 years to replace SOCOM's current fleet of specialized
High Mobility Multipurpose Wheeled Vehicles (HMMWVs).
Complete vehicle survivability solution
TenCate Advanced Armor offers complete vehicle armor and
occupant survivability solutions for tactical and combat vehicles.
Utilizing a wide range of armor materials and technologies,
survivability products of TenCate include lightweight passive armor
as well as advanced active underbody IED protection. "We are
extremely excited to be a part of the GD-OTS team. The GMV platform
is a perfect platform for our lightweight armor solutions", says
Mark Edwards, President of TenCate Advanced Armor USA. "The GMV
program is certainly an important part of the future enabling
technologies for the United States Army Special Forces and we are
proud to be able to participate on such an important program." The
TenCate GMV armor solution consists of the primary vehicle armoring
solution including transparent armor. TenCate will design and
manufacture the armor and provide it to GD-OTS as a complete kit
ready for installation.
Order book of projects
This order of General Dynamics Ordnance and Tactical Systems
forms part of a total order book of projects in excess of US Dollar
100 million, which TenCate Advanced Armor is expecting to receive
during 2014. Revenues out of this order book will be generated
during the next four years.
Royal Ten Cate Almelo, the Netherlands,
Wednesday 16 April 2014
________________________________________________________________________________
For further information:
Digital pictures are available on your request via:
media@tencate.com
Disclaimer: reference herein to any specific
commercial company, product, process or service by trade name,
trademark, manufacturer, or otherwise, does not necessarily
constitute or imply its endorsement recommendation or favoring by
the United States Government or the Department of the Army (DoA).
The opinions of the authors expressed herein do not necessarily
state or reflect those of the United States government or the
DoA,and shall not be used for advertising or product endorsement
purposes.
TenCate corporate Pieter Zwinkels, Manager
Investor Relations Telephone : +31
546 544 911
Mobile
: +31 6 1088 6338
Email
: p.zwinkels@tencate.com
Internet :
www.tencate.com
TenCate Advanced Armor USA Mark Edwards,
President Telephone : +1 740 345 5574
Email
: advancedarmor@tcaa-usa.com Internet
:
www.tencateadvancedarmor.com
TenCate Advanced Armor is a leading global
supplier of a wide range of armor composite materials for ballistic
protection. TenCate Advanced Armor develops and produces a
portfolio of composite and ceramic materials and designs active
armor solutions for the protection of police, army, air force, navy
and civilian service personnel, vehicles and vessels. TenCate
Advanced Armor has facilities in North America, Europe and
Asia.
Royal Ten Cate (TenCate) is a multinational company that
combines textile technology with chemical processes and material
technology in the development and production of functional
materials with distinctive characteristics. TenCate products are
sold throughout the world. Systems and materials from TenCate come
under four areas of application: safety and protection; space and
aerospace; infrastructure and the environment; sport and
recreation. TenCate occupies leading positions in protective
fabrics, composites for space and aerospace, antiballistics,
geosynthetics and synthetic turf. TenCate is listed on NYSE
Euronext (AMX).
Press release as PDF
http://hugin.info/130798/R/1777641/606866.pdf
HUG#1777641
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