GM Defense lands $697.7 million contract modification for military vehicles

On the Dash: GM Defense received a $697.7 million contract modification for engineering changes to Infantry Squad Vehicles and winch kits. The updated contract brings the cumulative value of GM Defense’s government vehicle work to $915.6 million. GM Defense is also expanding its defense business by producing missile components for Lockheed Martin. GM Defense has received a $697.7 million modification to its military vehicle contract, increasing its total government contract value to over $915 million and funding engineering upgrades to its Infantry Squad Vehicle Utility variant. The Department of War has modified its contract with GM Defense to fund engineering changes for the Infantry Squad Vehicle Utility variant and its…

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