Allison Transmission Holdings, Inc. (NYSE: ALSN), a global leader in high-performance mobility and work solutions, today announced that it has entered into a contract with BAE Systems Hägglunds to supply 4040 MX™ transmissions for the company’s CV90 MkIV infantry fighting vehicles. The $250 million agreement, formalized today at the Eurosatory defense exhibition in Paris, includes an option for additional units valued at $50 million. The agreement is the largest single tracked defense program contract in Allison Transmission’s history. The CV90 MkIV program serves as the inaugural production platform for Allison’s 4040 MX transmission, and production deliveries are scheduled to begin in 2028. Engineered as an evolution of the proven 3040 MX, the new 4040 MX cross-drive transmission delivers increased power ratings and updated electronic controls while maintaining the existing 3040 MX spatial footprint, allowing for seamless integration with the vehicle’s Scania engine. Allison conducted extensive integration testing with BAE Systems Hägglunds over a two-year period to ensure the new solution is mission ready.
“This historic agreement underscores the proven reliability of Allison’s propulsion solutions in the most demanding environments and missions” said Dana Pittard, Vice President of Defense Programs at Allison Transmission. “By working with BAE Systems Hägglunds, we are delivering a propulsion solution that not only meets the rigorous demands of modern combat vehicles but also demonstrates our collective readiness to support national security initiatives around the world.”
“The integration and selection of Allison’s 4040 MX cross-drive transmission into the CV90 MkIV is a critical milestone in delivering increased mobility and performance,” said Tommy Gustafsson-Rask, President at BAE Systems Hägglunds. “This contract highlights our mutual commitment to providing robust solutions that meet the evolving operational requirements of the armed forces.”
The Combat Vehicle 90 (CV90, Stridsfordon 90) is a family of Swedish tracked armoured combat vehicles designed by the Swedish Defence Materiel Administration (FMV), Hägglund & Söner and Bofors during the mid-1980s to early 1990s, before entering service in Sweden in the mid-1990s. The CV90 platform design has continuously evolved from the Mk 0 to the current Mk IV with technological advances and changing battlefield requirements.The Swedish version of the main infantry fighting vehicle (IFV) is fitted with a turret from Bofors equipped with a 40 mm Bofors autocannon. Export versions are fitted with Hägglunds E-series turrets, armed with either a 30 mm Mk44 or a 35 mm Bushmaster autocannon. Over time, the involvement of Hägglund & Söner has been superseded by Alvis Hägglunds (from 1997) and BAE Systems Hägglunds (from 2004).
Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison”) is a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world. Allison operates through two business units: Allison Transmission and Allison Off-Highway Drive & Motion Systems. Headquartered in Indianapolis, Indiana, USA, the Company manufactures solutions which offer industry-leading value propositions across vital sectors such as infrastructure, mining, energy, agriculture, construction, transportation and national security. For over 110 years, Allison has been recognized as a reliable partner of choice, keeping essential industries moving anytime, in over 150 countries around the world.
