Constellium awarded the 2017 Defense Manufacturing Technology Achievement Award for its large scale aluminum hull solution in...
December 14 2017 - 2:00AM
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
statementCertain 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
CommunicationsPhone: +1 (212) 858-9963 /
delphine.dahan-kocher@constellium.com
Christel des Royeries – EUROPE Corporate
CommunicationsPhone: +33 1 73 01 46 73 /
christel.des-royeries@constellium.com
Ryan Wentling – Investor RelationsPhone: +1
(212) 675-5450 / investor-relations@constellium.com