StockNews.AI
ALSN
StockNews.AI
31 days

Poland Selects Allison 3040 MX™ Cross-Drive Transmission for Amphibious Borsuk Infantry Fighting Vehicle

1. Allison secures 3040 MX™ transmission order for Poland's Borsuk IFV. 2. The deal supports growth in Allison's Defense market segment. 3. Improvements in performance and fuel economy highlighted for the 3040 MX. 4. Allison's partnership with Poland strengthens defense initiatives and service network. 5. Production aims for 1,400 Borsuk vehicles over the next 10-15 years.

6m saved
Insight
Article

FAQ

Why Bullish?

The order for 3040 MX™ transmissions signifies strong demand in defense contracts, historically boosting stock prices when similar contracts were secured. For instance, past orders from other defense sectors led to price upticks, showing market appreciation for Allison’s capabilities.

How important is it?

The article discusses a significant contract that could enhance Allison's revenue stream and market position, particularly in the defense sector, which is crucial for its growth trajectory.

Why Long Term?

The 10-15 year production timeline for the Borsuk vehicles indicates sustained revenue potential. If past defense contracts yield positive results over time, investors may respond with increased valuation.

Related Companies

RTXGDLMTNOC
The Borsuk, the newest of many Allison-equipped vehicles developed for Poland, will drive the company's growth in the Defense end market., /PRNewswire/ -- Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, has secured a new order of 3040 MX™ cross-drive transmissions for Poland's Borsuk Infantry Fighting Vehicle (IFV) program. This follows the Memorandum of Understanding announced in 2023 between Allison and Grupa Zbrojeniowa (PGZ) for the cooperation on tracked vehicle programs and the expansion of Allison's Authorized Service Network in Poland. This transmission offers several key advancements that enhance its overall performance, including improved maneuverability with high-speed reverse and integrated steering, as well as better acceleration and fuel economy. "The 3040 MX brings Allison's proven durability, reliability, performance and innovation to the medium tracked vehicle segment, and to Poland's indigenously designed and produced Borsuk IFV," said Dana Pittard, Vice President, Defense Programs, Allison Transmission. "Allison values its partnership with Poland, and we're extremely honored to play a key role in supporting their defense initiatives." The 3040 MX was developed based on Allison's proven X300 propulsion system, which has been integral to the European CV90 and Warrior IFV drivetrain solutions for more than 30 years. This transmission offers several key advancements that enhance its overall performance, including improved maneuverability with high-speed reverse and integrated steering, as well as better acceleration and fuel economy. Additionally, it features operational improvements like enhanced reliability and advanced electronic controls with integrated diagnostics, making it a significant step forward in military vehicle propulsion. Huta Stalowa Wola (HSW) is a subsidiary of PGZ, which is part of the consortium that will produce upwards of 1,400 Borsuk tracked vehicles over the next 10-15 years. The Borsuk, which is Polish for Badger, is an amphibious tracked vehicle that is operated by a three-person crew and was designed to replace the BWP-1 vehicle as the Polish military's tracked IFV. Vehicle prototypes have been in testing and validation since 2017 resulting in the 2023 agreement between the Polish Ministry of Defense and HSW.About Allison TransmissionAllison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway vehicles (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining, construction and agriculture) 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.SOURCE Allison Transmission, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News