GM Defense Celebrates First Infantry Squad Vehicle Delivery to U.S. Army | Financial Buzz

GM Defense Celebrates First Infantry Squad Vehicle Delivery to U.S. Army

General Motors Company (NYSE: GM) subsidiary GM Defense LLC celebrates the first delivery of the Infantry Squad Vehicles, a light terrain troop carrier to transport a nine-Soldier infantry squad and their equipment to the U.S. Army as a component of a USD 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. 

“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 an agreement with Ricardo Defense to lead the Integrated Product Support for the ISV which include technical manual development, provisioning, new equipment training, 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.”