InvestorsHub Logo
Followers 6
Posts 1715
Boards Moderated 0
Alias Born 04/21/2004

Re: ShowMeThe$$$$$ post# 12660

Monday, 10/15/2007 2:02:52 PM

Monday, October 15, 2007 2:02:52 PM

Post# of 35337
Torvec and Lockheed Martin and Hillary...nice find tovc4me...!

Copy of link text below....let the shorts chew on this one for a while...

October 15, 2007

Senator clinton Welcomes New Partnership Between Torvec, Inc. and Lockheed Martin

Clinton Helps Bring Together Local Rochester Company and Lockheed Martin to Partner in Production of Next Generation Military Vehicles



Washington, DC – Senator Hillary Rodham Clinton today welcomed the news that Torvec, Inc. a small business based in Rochester, NY, has partnered with Lockheed Martin to work on its military vehicles line of business. Torvec will offer stability and control technologies to Lockheed Martin in support of their tactical wheeled vehicle programs. Senator Clinton’s interest in the next generation of tactical wheeled vehicles allowed her to make the connection with the automotive technologies produced by Torvec, Inc. and Lockheed Martin Systems Integration – Owego.

“Our military, if they are called upon to engage in combat in defense of their nation, need to have the very best that our country has to offer,” said Senator Clinton. “I welcome these two New York companies working together to support our men and women in uniform.”

“Torvec’s innovative solutions are crucial to the next generation of tactical wheeled vehicles, as our design will allow greater articulation of suspensions for rough terrain” said Keith Gleasman, president of Torvec Inc. “Our solution will help provide the warfighters with maximum protection, performance and payload.”

“Lockheed Martin is dedicated to protecting our warfighters and providing the best possible solution,” said Louis J. DeSantis, vice president and general manager of Systems Solutions at Lockheed Martin Systems Integration – Owego.

Senator Clinton’s role in bringing these two companies together is a continuation of her commitment to furthering the economic growth of Upstate New York by bringing together local large and small technology based companies. Following a briefing from Torvec regarding their cutting edge automotive technology, Senator Clinton was able to reach out to Lockheed Martin, who was developing the tactical wheeled vehicle program, to help initiate this mutually beneficial relationship between the two companies.

Founded in 1996, Torvec, Inc. is a publicly owned development stage automotive technology company based in Rochester, NY. Torvec is at the leading edge of design and development of articulation technologies for the automotive industry. Lockheed Martin builds high quality, functionally superior, cost competitive military vehicles to meet the evolving operational needs of the U.S. military. These survivable weapons system platforms can be easily configured to complete a wide variety of demanding battlefield missions.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.