CPS Technologies Corporation receives Purchase Order for HybridTech Armor© Panels for Aircraft Carrier
February 02 2021 - 4:00PM
CPS Technologies Corporation (NASDAQ: CPSH) today announced receipt
of a purchase order for HybridTech Armor© Panels to be installed as
the strike face of advanced ballistic shields to support U.S. Navy
CVN class ships. The shields provide ballistic protection for
crew-served weapons stations and the sailors manning them. The
purchase order covers panels to equip all crew-served weapons
stations on one aircraft carrier.
“CPS is very pleased to be making a significant
contribution to the safety of our men and women in uniform. This
purchase order is the culmination of many years of R&D,
testing, prototyping and design to apply the beneficial properties
of metal-matrix composites to armor at scale,” said Grant Bennett,
CEO of CPS.
CPS HybridTech Armor Panels are part of an
integrated armor system. CPS supplies the HybridTech Armor Panels
to our partner, Kinetic Protection, located in Stillwater
Minnesota, who assembles the complete armor system which is then
installed on the aircraft carrier.
Erik Crawford, President of Kinetic Protection,
said, “We are pleased to be working both with the U.S. Navy and CPS
to bring this life-saving technology to sailors at sea. We have
received a $28.7 million IDIQ contract from the Navy to address the
aircraft carrier fleet, with an initial delivery order for the
first aircraft carrier.”
CPS HybridTech Armor Panels, covered by multiple
patents owned by CPS, provide the optimal combination of three key
properties: ballistic protection, light weight, and, critically
important in this application, environmental durability. The panels
do not rust or degrade in salt spray or sunlight. They have passed
rigorous military testing over several years – environmental,
full-scale shock and vibration, and extensive ballistic defeat
testing. The integrated armor system containing HybridTech Armor
Panels is modular in nature allowing it to be easily configured to
specific crew-served weapons stations on the aircraft carrier.
In 2008 the U.S Navy defined an “Urgent
Requirement” for the development of an improved armor system for
crew-served weapons stations to provide an increased level of
warfighter protection, withstand the harsh sea environment with a
longer life cycle, and provide a common solution across multiple
ship classes with a variety of integration capabilities. The Navy
subsequently quantified these requirements in a new military
specification and defined a new ballistic defeat test methodology.
The CPS HybridTech Armor Panels were developed in response to this
need, and in collaboration with Kinetic Protection, a complete
armor system has been developed which fully meets the new
specification.
The need to protect sailors at crew-served weapons
stations is not limited to aircraft carriers; the same need exists
on many other types of ships in the U.S. Navy. Excluding
submarines, the U.S. Navy currently has a fleet of over 400
ships.
About CPS CPS is a technology and manufacturing
leader in producing high-performance energy management components
that facilitate the electrification of the economy. Our
products and intellectual property include critical
pieces of the technology puzzle for electric trains and subway
cars, wind turbines, hybrid vehicles, electric vehicles, the smart
electric grid, 5G infrastructure and others. CPS' armor products
provide exceptional ballistic protection and environmental
durability at very light weight. CPS is committed to innovation and
to supporting our customers in building solutions to this planet's
problems.
About Kinetic ProtectionKinetic Protection (KP)
provides engineering, research and development and manufacturing
services focused on anti-terror/force protection for the U.S.
Department of Defense. Often solutions in this space are program
and requirement specific. KP’s diverse team of former warfighters,
material scientists, engineers and fabrication specialists –
coupled with partnerships across the industrial base – are able to
provide full lifecycle support to its customers across a range of
platforms, and mission requirements.
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CPS Technologies Corporation Chuck Griffith, Chief
Financial Officer 111 South Worcester Street
Norton, MA 02766 Telephone: (508) 222-0614 Web Site:
www.alsic.com
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