AMSTERDAM, the Netherlands, Dec.
14, 2017 (GLOBE NEWSWIRE) -- Constellium N.V. (NYSE:CSTM) (Euronext
Paris:CSTM) was a recipient of the 2017 Defense Manufacturing
Technology (ManTech) Achievement Award in the category of Enhancing
Military Capability, for its contributions as part of the U.S.
Army's Affordable Protection from Objective Threats (APOT) ManTech
program. This prestigious award recognizes individuals from
government and the private sector whose ManTech projects result in
system enhancements to improve military performance.
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Dr. Bryan Cheeseman, Team Leader,
Material Manufacturing and Technology Branch of the U.S. Army
Research Laboratory (ARL) nominated Constellium for its efforts in
development and maturation of the industrial scale processing of
aluminum armor plate for forming single piece combat vehicle
hulls. A collaborative team consisting of BAE Systems Land
& Armaments, ARL and Constellium developed, fabricated and
demonstrated enhanced hull solutions applicable to tracked combat
vehicles (Military Tanks).
The Constellium Defense team was
tasked to come up with a large formed hull solution, increasing the
underbelly protection for the warfighter. The hull plates, produced
at Constellium's plant in Ravenswood, West Virginia, were live fire
tested with excellent results, which were utilized by U.S. Army
experts to generate requirements for future Army combat vehicles.
This technique offers the Army redesign flexibility not available
with alternative solutions.
"The hull passed all objective
threats and demonstrated capability allowing for the U.S. Military
to increase the hull requirements for all tracked vehicles moving
forward. This step up in threat level protection is expected to
lead to decreased injuries and fatalities for our soldiers in the
battlefield. Constellium is proud to be a part of this
accomplishment," said Ken Blake, Constellium's Director Business
Development Transportation and Industry.
About
Constellium
Constellium (NYSE:CSTM) (Euronext Paris:CSTM) is a global sector
leader that develops innovative, value added aluminium products for
a broad scope of markets and applications, including aerospace,
automotive and packaging. Constellium generated €4.7 billion of
revenue in 2016.
www.constellium.com
Forward-looking statement
Certain statements contained in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. This press release may
contain "forward-looking statements" with respect to the Tender
Offers, the Redemption, the Satisfaction and Discharge, our
business, results of operations and financial condition, and our
expectations or beliefs concerning future events and conditions.
You can identify forward-looking statements because they contain
words such as, but not limited to, "believes," "expects," "may,"
"should," "approximately," "anticipates," "estimates," "intends,"
"plans," "targets," likely," "will," "would," "could" and similar
expressions (or the negative of these terminologies or
expressions). All forward-looking statements involve risks and
uncertainties. Many risks and uncertainties are inherent in
our industry and markets. Others are more specific to our business
and operations. These risks and uncertainties include, but are not
limited to, the ability of Constellium and Wise Metals to achieve
expected synergies and the timing thereof, Constellium's increased
levels of indebtedness which could limit Constellium's operating
flexibility and opportunities; the potential failure to retain key
employees, the loss of customers, suppliers and other business
relationships; disruptions to business operations; slower or lower
than expected growth in the North American market for Body-in-White
aluminium rolled products, and other risk factors set forth under
the heading "Risk Factors" in our Annual Report on Form 20-F and
our registration statement on Form F-3, filed on October 30, 2017,
and as described from time to time in subsequent reports filed with
the U.S. Securities and Exchange Commission. The occurrence of the
events described and the achievement of the expected results depend
on many events, some or all of which are not predictable or within
our control. Consequently, actual results may differ materially
from the forward-looking statements contained in this press
release. We undertake no obligation to update or revise any
forward-looking statement as a result of new information, future
events or otherwise, except as required by law.
Delphine
Dahan-Kocher - AMERICA Corporate Communications
Phone: +1 (212) 858-9963 /
delphine.dahan-kocher@constellium.com
Christel des
Royeries - EUROPE Corporate Communications
Phone: +33 1 73 01 46 73 /
christel.des-royeries@constellium.com
Ryan Wentling -
Investor Relations
Phone: +1 (212) 675-5450 / investor-relations@constellium.com