GM Defense, a subsidiary of General Motors (GM), and Jankel, a British “leader in the design, integration, manufacture and support of high-specification defense systems,” announced a Memorandum of Understanding, or MOU, that establishes a framework to jointly pursue business opportunities for defense and government customers using GM Defense mobility solutions, including the Heavy-Duty Sport Utility Vehicle international variant, the Integrated Armored Vehicle. “The collaboration will include support work in the U.S., in addition to the UK, Europe and in other locations where Jankel has an established support capability,” GM stated.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GM:
- Buy/Sell: Wall Street’s top 10 stock calls this week
- GM, Autocar collaborate on zero tailpipe emissions commercial vehicles
- Cruise CEO acknowledges ‘all-time low’ amid regulatory scrutiny, Reuters reports
- Pilot Travel, GM, EVgo open first 17 locations of fast charging network
- General Motors, EVgo and Pilot Travel Centers open first EV charging network