Horstman Acquires L-3 Communications Electronic Systems Suspension Unit
Published December 03, 2012 21:36
Announcement Release December 3, 2012
Horstman Systems Inc. a wholly owned subsidiary of HW Machinery Limited, a UK Corporation is pleased to announce it has purchased the assets and intellectual property of the Suspension and Vetronics product line from L-3 Communications Electronic Systems Inc. in Toronto, Ontario Canada. The acquisition includes the Intellectual Property together with the engineering and design team for the Suspension and Vetronics Product line. HW Machinery, is the owner of Horstman Inc (US) and Horstman Defence Systems Limited ( UK) which is a world leader in military and specialty vehicle suspension systems.
With the confirmation of the Canadian Controlled Goods registration; the newly formed company, Horstman Systems Inc. located in Toronto will become the Center of Excellence for the acquired suspension product line which includes Scalable Suspension, Electronically Controlled Active Suspension (ECASS) and other technologies. This business will be integrated into Horstman’s expanding organization which is a global leader in advanced suspension and other automotive solutions for military and specialty vehicles.
Horstman is the world leading designer and developer of military vehicle suspension systems and a key supplier of subsystems and components to the defense industry. Horstman recently announced it will provide the suspension for the GDLS GCV Technology Demonstrator contract. Horstman also supply the running gear system on the M777 Towed Gun, the AMV 8x8, the K9/K10 Field Artillery System, SPz Puma (Germany) Infantry Fighting Vehicle, Terrier® combat engineering vehicle and the Paladin PIM in addition to upgrades and retrofits worldwide for a wide range of military vehicles. The addition of Scalable Suspension, Electronically Controlled Active Suspension (ECASS) and other technologies will enable Horstman to offer an unequaled range of solutions to a broader range of customers, particularly in the Tactical Vehicle segment.
The existing team is working with Horstman to ensure a quick and seamless transition. Horstman Systems Inc. has leased space from L-3 Electronic Systems Inc in Toronto, ON to ensure continuity of operation until the new Horstman Systems Inc. facility is established in early 2013. For additional information, please see contact below or refer to the Horstman Inc. website where you can read more about updates and the products and services offered – www.horstmaninc.com.
The new Horstman Systems Inc. team looks forward to serving customers and stakeholders of this product for many years to come by providing the same service, support, and professionalism that our customers have come to expect from Horstman. If you have any questions please contact Drew Lippert, VP Sales & Marketing, Horstman Inc. (Email: firstname.lastname@example.org Phone:586-255-4811)
Approved for Public Release