All Three Indian Government-Funded OEMs Choose Allison Transmission for India's FICV Program

INDIANAPOLIS, April 23, 2025 /PRNewswire/ -- Allison Transmission, the world's largest manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, has been selected to provide its 3040 MX cross-drive transmission for all three Government-funded original equipment manufacturers (OEMs) competing in India's Future Infantry Combat Vehicle (FICV) prototype program. The FICV program aims to modernize the Indian Army's fleet by replacing the aging BMP-II Infantry Fighting Vehicles (IFVs) with advanced, domestically manufactured combat vehicles.

Allison has worked with each of the OEMs to integrate and optimize the 3040 MX for their FICV prototype vehicles. With India's intention to procure approximately 1,750 FICVs, the total revenue opportunity for Allison could represent several hundred million dollars over the next two decades.

"Being selected by all three of the Government-funded OEMs competing in the FICV program is a testament to the superior durability, reliability and performance of our 3040 MX transmission," said Dana Pittard, Vice President for Defense Programs at Allison Transmission. "This selection not only aligns with the strategic goals of the Indian defense sector but also underscores our commitment to supporting low volume/prototype programs with high reliability, superior engineering and technical support, and powerful performance."

Allison has maintained a manufacturing facility in Chennai for 15 years and announced in 2024 its plan to double its manufacturing footprint. This aligns with the Indian Government's "Make in India" initiative and further strengthens Allison's presence in the Indian defense sector.

The 3040 MX transmission, renowned for its reliability and electronic system controls, significantly enhances the performance and functionality of the FICV prototype vehicles. It was built on the proven quality and durability of the X300 transmission, which has been integral to the European CV90 and Warrior IFV drivetrain solutions for over 30 years. The 3040 MX is now equipped with advanced electronic system controls enabling performance optimization and additional functionality in the areas of improved shifting, improved torque management and obsolescence management as new generations of controls become available. Today, the 3040 MX is also found in the U.S. Army's newest tank, the M10 Booker, previously known as the Mobile Protected Firepower (MPF) Light Tank.

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, 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. 

Forward-Looking Statements

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SOURCE Allison Transmission, Inc.