'We are proud to deliver the second SSC, LCAC 101, to the
LCAC 101 successfully underwent rigorous Builder's and Acceptance Trials. There are currently twelve additional SSCs in various states of production at
As the replacement for the existing fleet of Landing Craft, Air Cushion (LCAC) vehicles, SSCs will primarily transport weapon systems, equipment, cargo and personnel through austere environmental conditions to the beach. The craft can travel at a sustained 35 knots and has an increased payload and service life of 30 years. The SSC shares less than one percent of legacy LCAC original parts, representing a true upgrade for the LCAC forces at ACU 4, ACU 5 and NBU 7. Built with similar configurations, dimensions, and clearances to the legacy LCAC, the SSC is compatible with existing well deck-equipped amphibious ships, as well as
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Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; and risks related to
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