Allison Transmission Partners With BAE Systems To Deliver Next-Gen Transmission For Future CV90 Programs; Says Relationship Between BAE Systems Hägglunds And Allison And Represents An Opportunity For Continued Growth In Allison's Defense End Market Above The Many Programs Expected To Drive $100M Of Incremental Annual Revenue

New Allison 4040 MX™ cross-drive transmission to equip the CV90 Mk IV infantry fighting vehicle.

INDIANAPOLIS, July 17, 2024 /PRNewswire/ -- Allison Transmission has signed a contract with BAE Systems Hägglunds, one of Europe's most successful producers of tracked combat vehicles, to provide the new Allison 4040 MX™ propulsion solution for ongoing CV90 Infantry Fighting Vehicle (IFV) programs with production expected to begin in 2028. The 4040 MX extends Allison's medium weight offering in its cross-drive product portfolio as an uprated variant of the proven 3040 MX™ cross-drive transmission found in the U.S. Army's M10 Booker Combat Vehicle. This latest collaboration represents a continuation of a longstanding relationship between BAE Systems Hägglunds and Allison and represents an opportunity for continued growth in Allison's Defense end market above the many programs expected to drive $100 million of incremental annual revenue.  Both BAE Systems' BvS10 and Beowulf tracked vehicles are equipped with the Allison 3000 Specialty Series™ transmissions.