STOCK TITAN

GM Defense Delivers First Infantry Squad Vehicle to U.S. Army

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

GM Defense LLC, a subsidiary of General Motors, has successfully delivered the first Infantry Squad Vehicle (ISV) to the U.S. Army, fulfilling a $214.3 million contract awarded in June 2020. This marks GM Defense's initial significant delivery since its reestablishment in 2017. The ISV is built on the Chevrolet Colorado ZR2 architecture and utilizes 90% commercial-off-the-shelf parts for enhanced performance and mobility. The vehicle can be transported by various military helicopters, showcasing GM Defense's commitment to innovative military solutions and efficiency.

Positive
  • First delivery of Infantry Squad Vehicle (ISV) to U.S. Army under $214.3 million contract.
  • Utilization of 90% commercial-off-the-shelf parts enhances production efficiency.
  • Vehicle designed for rapid ground mobility supports Army's operational needs.
Negative
  • None.

MILFORD, Mich., Oct. 27, 2020 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors, is celebrating the first delivery of the Infantry Squad Vehicle (ISV) – a light and agile all-terrain troop carrier intended to transport a nine-Soldier infantry squad and their equipment – to the U.S. Army as part of a $214.3 million contract awarded in June. GM Defense will manufacture 649 ISVs and will support the production of up to 2,065 vehicles with additional authorization over eight years. This is the first major award and delivery for GM Defense since the subsidiary was reestablished by its parent company in 2017.

The ISV is based off the award-winning Chevrolet Colorado ZR2 midsize truck architecture and leverages 90 percent proven commercial-off-the-shelf (COTS) parts, including Chevrolet Performance race components. The 5,000-pound ISV was uniquely engineered to fulfill military requirements and designed to provide rapid ground mobility. The expeditionary ISV is light enough to be sling loaded from a UH-60 Blackhawk helicopter and compact enough to fit inside a CH-47 Chinook helicopter for air transportability. The COTS parts, combined with the ISV's innovative Rollover Protection System, will provide agile transportability on the battlefield to support mission success. 

"One hundred and twenty days from contract award to delivery is a significant milestone, and I am very proud of the team for this accomplishment," said David Albritton, president of GM Defense. "We're leveraging General Motors' engineering prowess and immense manufacturing capabilities to bring transformative solutions to the military vehicle market. Our initial success with the ISV shows our commitment to our customer and highlights our unique right to win in the military mobility market."

"The value we bring to our Army customer is our willingness to listen and adapt," said Mark Dickens, GM Defense chief engineer. "During Soldier testing, the feedback we received was paramount in delivering a vehicle that met Soldiers' needs, while maximizing safety and performance and taking their comfort into consideration. The production ISV we're delivering today is an evolution from our original prototype design, and it's certainly a vehicle that is a source of pride for the team."

GM Defense has a teaming agreement with Ricardo Defense, which will lead the Integrated Product Support for the ISV, including technical manual development, new equipment training, provisioning, total package fielding and field service support.

"The success of the ISV program within 120 days is a true testament to the hard work and determination of a great partnership between GM Defense and Ricardo Defense," said Chet Gryczan, president of Ricardo Defense. "Ricardo Defense is proud to be leading the creation and integration of critical ISV logistics products to ensure a successful transition of the ISV to the Army's inventory."

GM Defense is driving the future of military mobility by leveraging the best-in-class capabilities of General Motors for unmatched innovation, proven performance and breakthrough life-cycle economics. The ISV will bring world class manufacturing efficiencies, ease of maintenance and a well-established global supply chain to the U.S. Army.

Stay tuned for future updates on www.GMDefenseLLC.com.

GM Defense LLC delivers integrated vehicles, power & propulsion, and mobility & autonomy solutions to global defense, security, and government markets. The exceptional reliability of GM Defense's technologies results from decades of proven performance and billions of dollars spent in independent research and development by its parent, General Motors, a world leader in global design, engineering and manufacturing capabilities.

Cision View original content:http://www.prnewswire.com/news-releases/gm-defense-delivers-first-infantry-squad-vehicle-to-us-army-301160634.html

SOURCE General Motors Co.

FAQ

What is the significance of GM's first Infantry Squad Vehicle delivery to the U.S. Army?

The first ISV delivery showcases GM Defense's capabilities and commitment to military solutions under a $214.3 million contract.

How many Infantry Squad Vehicles will GM Defense manufacture for the U.S. Army?

GM Defense will manufacture 649 ISVs, with potential production of up to 2,065 vehicles.

What are the key features of the Infantry Squad Vehicle delivered by GM Defense?

The ISV is based on the Chevrolet Colorado ZR2, leveraging 90% proven commercial-off-the-shelf parts for improved performance and mobility.

When was the contract for the Infantry Squad Vehicle awarded to GM Defense?

The contract for the Infantry Squad Vehicle was awarded in June 2020.

What role does Ricardo Defense play in the ISV program?

Ricardo Defense leads the Integrated Product Support for the ISV, including logistics coordination and technical manual development.

General Motors Company

NYSE:GM

GM Rankings

GM Latest News

GM Stock Data

63.03B
1.10B
0.22%
90.44%
2.98%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
Link
United States of America
DETROIT