The M1 Abrams entered service in 1980 and currently serves as the main battle tank of the United States Army and formerly the Marine Corps.
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military has opted to continue maintaining and operating the M1 series for the foreseeable future by upgrading with improved optics, armor and firepower. The Abrams was due to be replaced by the Future Combat Systems XM1202 but due to its cancellation, the U.S. Extensive improvements have been implemented to the latest formerly designated M1A2 System Enhancement Package version 3 or SEPv3 and M1A2 SEPv4, respectively versions such as improved composite armor, better optics, digital systems and ammunition.
There are three main operational Abrams versions, the M1, M1A1, and M1A2, with each new iteration seeing improvements in armament, protection, and electronics. The M1 Abrams was developed from the failure of the MBT-70 project to replace the obsolescent M60 tank. Initial models of the M1 were armed with a licensed-produced 105 mm Royal Ordnance L7 gun, while later variants feature a licensed Rheinmetall 120 mm L/44. Conceived for modern armored ground warfare and now one of the heaviest tanks in service at nearly 68 short tons (almost 62 metric tons), it introduced several innovative features, including a multifuel turbine engine, sophisticated Chobham composite armor, a computer fire control system, separate ammunition storage in a blow-out compartment, and NBC protection for crew safety. The M1 Abrams is a third-generation American main battle tank designed by Chrysler Defense (now General Dynamics Land Systems) and named for General Creighton Abrams. US$6.21 million (M1A2 / FY99) Estimated in 2016 as US$8.92 million (with inflation adjustment) Army M1A2 Abrams with production TUSK explosive reactive armor package installedĬhrysler Defense (now General Dynamics Land Systems) In order to qualify for the PPP loan amount received, The Old Shillelagh LLC's 2019 payroll expenses are estimated to be at least $1.31M.U.S. On the PPP application, The Old Shillelagh LLC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - The Old Shillelagh LLC in Detroit, MIīased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above).
In order to qualify for the PPP loan amount received, The Old Shillelagh LLC's 2019 payroll expenses are estimated to be at least $1.83M.īased on their reported 39 jobs retained, this equals an estimated average yearly compensation of $46,915 per employee 1 Reported PPP Proceed Usage:
Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above).
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Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. SES - Senior Executive Service Pay Calculatorįor The Old Shillelagh LLC, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.
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