This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

EFV Prototypes Successfully Complete Tests, Exceed Threshold By 90 Percent

STERLING HEIGHTS, Mich., Jan. 25, 2011 /PRNewswire/ -- The U.S. Marine Corps' latest-generation Expeditionary Fighting Vehicle (EFV) prototypes have completed the required 500-hour reliability growth test at the Marine Corps' Amphibious Vehicle Test Branch, Marine Corps Base Camp Pendleton, Calif., demonstrating reliability that exceeds the testing threshold by 90 percent.

The raw score performance of the vehicles in the reliability testing is 31.2 hours mean time between operational mission failure, nearly double the 16.4-hour performance required for test success.  In addition, vehicle operational readiness rates steadily remained at 97 percent throughout testing.

General Dynamics delivered seven new prototype vehicles to the Marine Corps in 2010.  Reliability growth testing began in October 2010.  The vehicles' performance indicates the program is on track to successfully complete the System Development and Demonstration-2 phase.

All reported preliminary failures are low-consequence issues, a tribute to the rigor and commitment of the EFV team, and the most significant aspect of this testing.  No systems redesign work is required as a result of test findings.

These indicate significant endorsement of the "design for reliability" concept and processes, as well as the General Dynamics Land Systems team's capabilities and discipline.

The EFV program is Earned Value Management System (EVMS) certified.  EVMS measures actual performance of work scope and the associated cost and schedule versus an agreed-to baseline plan, while using disciplined means of baseline change control for documenting any changes to the agreed baseline plan.  EVMS is a best-practice standard, required by the Office of Management and Budget and the Federal Acquisition Regulation.

The Expeditionary Fighting Vehicle is the U.S. Marine Corps' next-generation amphibious combat vehicle.  It features superior water speeds of up to 25 knots, and an operating sea range of 56 nautical miles.  On land, the EFV travels at speeds of up to 42 mph and has an operational range of 300 miles.  The fully stabilized Mk 46 weapons station significantly bolsters lethality, and the EFV's blast protection is far superior to the current system.  EFV's Command Variant represents a major leap in command and control on the move and situational awareness.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs