Allison (ALSN) Partners With U.S. Army For Allison X200-4A
Zacks Investment Research | Dec 10, 2019 08:42PM ET
Allison Transmission Holdings, Inc. (NYSE:ALSN) recently announced its partnership with the U.S. Army’s Tank-automotive & Armaments Command (TACOM) to include the upgraded Allison X200-4A in the M113 armored personnel carrier family of vehicles.
The X200-4A is a cross-drive transmission with differential steering and integral hydraulic brakes. It presents a hydraulic torque converter in combination with a range planetary package providing superior propulsion for the U.S. Army’s tracked military applications.
The M113 delivers critical capability to armored brigades in medical, combat engineering, command and control, and indirect fire. It is the U.S. Army’s largest armored vehicle fleet, with about 5,000 vehicles across the Active and Reserve Components.
Allison has been in alliance with the Department of Defense since 1946 to develop propulsion solutions that deliver in the toughest conditions. The company expects to supply more than 300 transmissions through 2021 to the U.S. Army, in order to back the army’s mission of boosting combat readiness.
In the past three months, Allison’s shares have appreciated 3% compared with the Zacks Investment Research
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