Specialty Series™ and Military Series™ offer unrivaled performance for tracked and wheeled vehicles
ISTANBUL – Allison Transmission will showcase its fully automatic transmissions for military vehicles at IDEF 2017, the 13th International Defense Industry Fair, at İstanbul Tüyap Fair and Congress Centre, May 9-12.
Held every two years and sponsored by The Ministry of Defense and Turkish Armed Forces Support Foundation (TSKGV), IDEF is the largest defense industry exhibition in Turkey and the fifth largest in the world. Allison will feature its Specialty Series™ in partnership with İlkerler Automotive, its authorized distributor in Turkey, in Hall 3 at Stand 324C. The Military Series™ will be displayed in partnership with HST Automotive / Hema in Hall 3 at Stand 334F.
Chosen by many defense forces globally, Allison transmissions have earned a reputation for outstanding reliability and durability, maximizing vehicle performance while minimizing operation and support costs. The Military Series™ is designed for tracked vehicles up to 63,503 kg(140,000 lbs.) and diesel or turbine engines with ratings up to 1,120 kW (1,500 hp). The Specialty Series™, designed for wheeled vehicles and suitable for engines up to 800 hp(597kW), is engineered to adapt and operate efficiently, offering unrivaled performance in these applications.
Allison Specialty Series transmissions feature two engine-driven Power Take-Off (PTO) provisions and most are available with an optional integral output retarder for enhanced vehicle braking and reduced brake wear. Featuring close- and wide-ratio gearing, a patented torque converter and Allison 5th Generation Electronic Controls to enhance shift strategies; the transmissions deliver superior performance to military vehicles as a result of power shifts.
Visitors at IDEF will also have the opportunity to see many Allison-equipped vehicles showcased by Turkish manufacturers, including BMC (Kirpi, Amazon, Vuran), Nurol Makina(Ejder Yalçın, Ejder Toma, Ejder Kunter), Otokar (Cobra, Arma, Ural) and more.
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.
SOURCE Allison Transmission Holdings Inc.