Allison Awarded New Contract to Provide Propulsion Solution for Turkish Armed Forces Next Generation Vehicle
Rhea-AI Summary
Allison Transmission has secured a phase two contract with HST Otomotiv to supply X1100-5A4 cross-drive transmissions for Turkey's Next Generation T-155 Firtina Howitzer program. This contract extends their partnership following the successful delivery of 10 transmissions in 2024 under phase one. The new agreement includes 32 additional transmissions, with deliveries scheduled for Q1 2026.
The project is part of several growth opportunities expected to generate $100 million in incremental annual revenue in Allison's Defense segment. The total program is anticipated to produce 140-160 Firtina Howitzers for the Turkish Armed Forces. The X1100 transmission, designed for heavy tracked combat vehicles weighing 45-63 tons, features four forward ranges, two reverse ranges, and integrates steering and braking in a single unit.
Positive
- New defense contract secured for Turkish Armed Forces program
- Part of initiatives expected to generate $100M incremental annual revenue
- Large program scope with 140-160 vehicles expected
- 32 additional transmission units ordered in phase two
Negative
- Deliveries not starting until Q1 2026
News Market Reaction 1 Alert
On the day this news was published, ALSN gained 0.04%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We're honored to continue our collaboration with HST Otomotiv to provide the Turkish Armed Forces with reliable, durable propulsion solutions designed to withstand the demands of the defense market," said Dana Pittard, Vice President, Defense Programs, Allison Transmission. "Our world-class cross-drive transmissions enable vehicles to move faster across difficult terrain while enhancing soldier protection."
The Allison X1100™ cross-drive transmission is built for heavy tracked combat vehicles from 45 to 63 tons. It offers four forward ranges, two reverse ranges and a cross-drive design that integrates steering and braking into a single compact, rugged unit. The X1100-5A4 transmission will enable the vehicle to operate efficiently in lower engine speeds, which is often required in severe duty-cycles, including defense operations.
In 2024, as part of Allison's phase one contract with HST Otomotiv, 10 transmissions were successfully delivered to
For more information on the Allison X1100 cross-drive transmission, visit allisontransmission.com.
About Allison Transmission
Allison 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, agriculture, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in
View original content to download multimedia:https://www.prnewswire.com/news-releases/allison-awarded-new-contract-to-provide-propulsion-solution-for-turkish-armed-forces-next-generation-vehicle-302372647.html
SOURCE Allison Transmission, Inc.