Tag: GM Defense revenue
GM Expects $1 Billion U.S. Army Contract for Infantry Squad Vehicles
General Motors expects to secure a contract worth more than $1 billion from the U.S. Army to produce light utility vehicles based on the Chevrolet Colorado ZR2 pickup truck. CEO Mary Barra said during the company’s second-quarter earnings call that, pending federal funding approval, GM plans to deliver 10,000 Infantry Squad Vehicles (ISVs). GM Targets…
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