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Ricardo Receives Order Worth Over $18.9 Million to Supply More ABS/ESC Retrofit Kits to US Army

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The US Army awards an $18.9 million contract to Ricardo to retrofit life-saving anti-lock brakes and electronic stability control (ABS/ESC) systems.

DETROIT, MI, July 14, 2022–(BUSINESS WIRE)–The U.S. Army has awarded Michigan-based Ricardo’s Defense business unit a $18.9 million contract to supply additional ABS/ESC retrofit kits. This is intended to improve the operational safety of the US Army’s High Mobility Multipurpose Wheeled Vehicle (HMMWV or “Humvee”).

This press release contains multimedia content. View the full announcement here: https://www.businesswire.com/news/home/20220629005573/en/

Ricardo Awarded Over 18.9 million USD to Deliver Additional ABS/ESC Retrofit Kits to US Army (Photo: Business Wire)

In addition to the retrofit kits already delivered by Ricardo, this order will increase the security of the deployed vehicles of the US Army’s HMMWV fleet. In addition, more than 7,000 new or recapitalized HMMWV vehicles equipped with Ricardo’s integrated ABS/ESC technology have been delivered to the US Army after the Army mandated the Ricardo system for all new production HMMWVs. In 2019, the Army included the Ricardo ABS/ESC retrofit kit in the national inventory system for use on vehicles produced before 2019 and scheduled to remain in the Army fleet through 2040.

Chet Gryczan, President of Ricardo Defense, said: “Ricardo is committed to providing its customers with mission-critical, innovative and integrated solutions that empower soldiers. This order demonstrates Ricardo’s ability to to solve difficult challenges for existing systems that require a future-oriented integrated solution.The successful introduction of the safety-critical ABS/ESC system from Ricardo is completely in line with our core values ​​of sustainable, safe and intelligent mobility and ensures that the safety of soldiers and is paramount to operators in all training and operations. We are extremely proud to support the US Army in achieving its goal of making soldier safety the number one priority on every operation.”

The ABS/ESC retrofit system developed by Ricardo represents a complete solution integrated into the HMMWV architecture. It includes anti-lock brakes, electronic stability control, active roll-over protection, traction control and upgraded brake calipers, pads and discs. Other components of the Ricardo system are a crash-proof steering column and a modern electronic vehicle network. In addition, low-cost, proven components are used that have been specially developed for the difficult requirements of military applications. From the outset, Ricardo designed the system to be easily retrofitted to the existing fleet to minimize HMMWV lifecycle costs for US taxpayers.

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Ricardo Defense Inc. is the business unit within Ricardo plc that works on classified security and defense contracts for the US Department of Defense. It therefore operates as a separate entity subject to a Special Security Agreement (SSA). Ricardo Defense Inc. provides solutions to address the challenges defense customers face in integrating complex and diverse systems and specializes in turning innovative technologies from science to practice.

About Ricardo

Ricardo plc is a global strategy, environmental and technology consultancy, listed on the London Stock Exchange. With more than 100 years of engineering experience and almost 3,000 employees in more than 20 countries, we offer exceptional competencies in providing leading and innovative cross-industry sustainable products and solutions. Every day we enable our customers to solve even the most complex and dynamic challenges to help build a safe and sustainable world. Visit us at www.ricardo.com

Ricardo Defense Inc. is the business unit within Ricardo plc that works on classified security and defense contracts for the US Department of Defense. It therefore operates as a separate entity subject to a Special Security Agreement (SSA). Ricardo Defense Inc. provides solutions to address the challenges defense customers face in integrating complex and diverse systems and specializes in turning innovative technologies from science to practice.

The source language in which the original text is published is the official and authorized version. Translations will be included for a better understanding. Only the language version that was originally published is legally valid. Therefore, compare translations with the original language version of the publication.

View original version on businesswire.com: https://www.businesswire.com/news/home/20220629005573/en/

Contacts

Media contacts:

Kathryn Bellamy
Group Senior Communications Manager
Ricardo plc
Email: [email protected]
Phone: +44(0)7921 941824

Kathryn Caulfield
Communications Manager
Ricardo Defense
Email: [email protected]
Telephone: +1 (586) 899-7668
Mobile: +1(248) 602-5159

Source: de.finance.yahoo.com

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