Loc Performance Products, Inc. To Partner With BAE On U.S. Army's Paladin Integrated Management Program
PLYMOUTH, Mich., Feb. 5, 2013 /PRNewswire/ -- Michigan-based Loc Performance Products, Inc. will partner with global defense leader BAE Systems to design, test, and manufacture prototype final drive assemblies for the U.S. Army's M109A6/M992A2 Paladin Integrated Management (PIM) program.
With a successful history of designing and producing the highest quality final drive assemblies for a variety of military vehicles, Loc will serve as the design lead for gears, along with providing design review support, developmental testing, and prototype manufacturing for the planned expansion of the self-propelled howitzer and ammunition supply-vehicle fleet.
Lou Burr, President of Loc Performance Products commented, "We are pleased to partner with BAE as we continue to design and produce superior products for our military clients. Loc is honored to be recognized as having an important role in the development of next-generation fighting and supply vehicles, and looks forward to the continued production of reliable, high performing products to meet the diverse needs of our nation's armed forces."
Loc Performance Products has produced over 13,000 final drive assemblies for the U.S. military, spanning the entire Department of Defense fleet of combat tracked vehicles. The expected production of slightly under 600 M109A6/M992A2 vehicle sets will represent the evolution of critical fire and munitions support in Heavy Brigade Combat Teams (HBCT) for a variety of deployments. With an estimated lifecycle through 2050, the PIM program will remain an essential component of the military's tracked vehicle capabilities for the coming decades.
"The contract structure provides maximum value by leveraging Loc's expertise in manufacturing and assembling final drives with BAE's expertise in system engineering design and analysis," said Chad Darr, Director of Product Development at Loc. "It offers the program a smooth transition into Low-Rate-Initial-Production (LRIP) by manufacturing the developmental prototypes utilizing production intent processes." Loc Performance Products is Michigan's premier full service manufacturer of large CNC machined components and assemblies for military and industrial applications. With proven capabilities in product design and development through production, Loc offers comprehensive solutions and exceptional customer service to produce the highest quality products at competitive pricing. For additional information on Loc Performance Products, visit: www.locper.com SOURCE Loc Performance Products, Inc.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid 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
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
