Gibbs Technologies and Lockheed Martin to Develop High Speed Amphibious Vehicles for Military Use

Apr 02, 2007, 01:00 ET from Lockheed Martin from ,Gibbs Technologies

    WASHINGTON, April 2 /PRNewswire/ -- Lockheed Martin (NYSE:   LMT) and
 Gibbs Technologies have agreed to develop a family of high speed amphibious
 vehicles designed specifically for military operations.
     (Photo: )
     The militarized High Speed Amphibians (HSAs) will use technology from a
 fleet of prototype amphibious vehicles developed by Gibbs Technologies for
 consumer use, including the Gibbs Aquada, a three-person sports car, Gibbs
 Humdinga, a four-wheel military vehicle, and Gibbs Quadski, an amphibious
 all terrain vehicle.
     Gibbs' technology enables amphibians to travel at speeds over 45 mph on
 water and over 100 mph on land -- and to transition from water-to-land or
 land-to-water in five seconds. These features provide a much needed
 capability for military littoral, riverine and special operations.
     "HSAs are high performance craft on the water, and high performance
 vehicles on the ground and the transition between the two is seamless,"
 says Alan Gibbs, chairman of Gibbs Technologies. "These are true
 amphibians, combining the best of both worlds".
     Gibbs and Lockheed Martin are developing three military concept
 vehicles, representing a scalable capability to meet various missions:
     - The Amphibious Combat Craft -- Expeditionary (ACC-E) is a 20-foot
       amphibian capable 45 mph on the water and 80 mph on land;
     - The Amphibious Combat Craft -- Riverine (ACC-R) is a 35-foot amphibian
       capable of 40 mph on the water and 65 mph on land; and,
     - The Terraquad, capable of over 55 mph on the water and 50 mph on land.
     Gibbs and Lockheed Martin will advance the development by integrating
 expeditionary command and control capability, armor and weapons systems.
 The military version will have network ability to share and distribute
 information from onboard and remote sensors. The craft will be able to
 accommodate a variety of weapons systems, based on specific mission needs.
     "Until now, our Navy and Special Forces have taken on great risk with
 sea- to-shore insertions, largely due to a transition period that can last
 an hour or more in vulnerable areas," said Rich Lockwood, Lockheed Martin
 Maritime Systems & Sensor's vice president for Mission Systems. "HSA
 minimizes that risk, allowing forces to move safer and faster -- and with
 capabilities that make it a powerful asset in a net-enabled force."
     Alan Gibbs founded Gibbs Technologies in New Zealand in 1996. Initial
 amphibian concept work was undertaken in 1997 and 1998 in Detroit. In 1999,
 excited by the technology, Neil Jenkins merged his business to form Gibbs
 Technologies UK, of which Gibbs Military Amphibian is a licensee.
     Headquartered in Bethesda, MD, Lockheed Martin employs more than
 140,000 people worldwide and is principally engaged in the research,
 design, development, manufacture, integration and sustainment of advanced
 technology systems, products and services.

SOURCE Lockheed Martin; Gibbs Technologies