TSLA378.9003.6%
GM83.450-0.5%
F13.100-0.07%
RIVN15.140-0.22%
CYD35.0500.01%
HMC32.420-0.11%
TM192.060-0.44%
CVNA65.360-1.82%
PAG209.860-2.3%
LAD312.320-3.83%
AN169.6100.85%
GPI253.7502.88%
ABG187.0602.51%
SAH65.340-0.58%
TSLA378.9003.6%
GM83.450-0.5%
F13.100-0.07%
RIVN15.140-0.22%
CYD35.0500.01%
HMC32.420-0.11%
TM192.060-0.44%
CVNA65.360-1.82%
PAG209.860-2.3%
LAD312.320-3.83%
AN169.6100.85%
GPI253.7502.88%
ABG187.0602.51%
SAH65.340-0.58%
TSLA378.9003.6%
GM83.450-0.5%
F13.100-0.07%
RIVN15.140-0.22%
CYD35.0500.01%
HMC32.420-0.11%
TM192.060-0.44%
CVNA65.360-1.82%
PAG209.860-2.3%
LAD312.320-3.83%
AN169.6100.85%
GPI253.7502.88%
ABG187.0602.51%
SAH65.340-0.58%

GM Defense lands $697.7 million contract modification for military vehicles

The contract modification brings GM Defense’s cumulative government contract value to more than $915 million and adds new engineering features to its Infantry Squad Vehicles.

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 accompanying winch kit. The $697.7 million modification raises the contract’s cumulative face value to $915,597,166, the military agency said Sept. 21.

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GM Defense spokeswoman Erica Mitchell told the Detroit Free Press that the company holds the prime contract for the ISV Utility variant and its winch solution. According to Mitchell, the updated contract adds a windshield, heater and defrost system to the vehicle, along with options for a full crew enclosure kit. She said the Utility variant supports logistics requirements and can integrate multiple mission packages, including command and control, fire support, electronic warfare and counter-drone systems, with room for future additions.

Additionally, winch kits are mechanical attachments, typically sold in the aftermarket, that mount to pickups and SUVs to pull heavy loads, including the vehicle itself, using a high-powered motor and steel cable.

The expanded contract builds on momentum GM Defense has shown throughout the year. Meanwhile, GM CEO Mary Barra pointed to nearly $1 billion in ISV-related contracts during the company’s second-quarter earnings call on July 21. Further, the agency plans to build 10,000 Infantry Squad Vehicles off the Chevrolet Colorado platform, pending approval of federal funding.

GM Defense is also expanding into missile production. Lockheed Martin leadership confirmed at a Dallas event Sept. 17 that it received the first delivery of components GM Defense produced for the PAC-3 Missile Segment Enhancement interceptor missile, under a formal agreement between the two companies.

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