AM General Awarded $210M in Military Contracts

Posted: Updated:
(Image courtesy of AM General) (Image courtesy of AM General)
SOUTH BEND -

South Bend-based AM General LLC has received two major military contracts from the U.S. Army. The company will receive a total of $210 million for the production of 740 Humvees for the Army National Guard, as well as technical support services for the vehicles.

The manufacturing of the Humvees represents one contract worth $89 million. The five-year contract for systems technical support for the Humvees, which includes engineering, logistics, and quality assurance projects, is valued at $121 million. 

"At AM General, we pride ourselves in our ability to meet our customer's needs, which is why we are able to provide the U.S. Army with new, updated light tactical vehicles as well as support them by continuously improving the existing fleet and developing new technologies for the platform," Chris Vanslager, executive vice president of U.S. defense for AM General, said in a news release. "The recent STS services contract award also provides us the opportunity to improve our product while closely working alongside our government partners to support the (vehicles)."

Delivery of the Humvees is expected to begin in the second quarter of 2019.

  • Perspectives

    • Owe Taxes? What Went Wrong in 2018 and How to Survive It

      The 2018 tax filing deadline came and went. Whew! But for some Americans, the tax headache has just begun. This year was the first filing under the Tax Cuts and Jobs Act and while some taxpayers saw larger refunds others received a rude awakening. If you’re reeling from a large tax burden, this article is for you. The Root of the Problem Remember how excited you were when you received your first paycheck—followed by dismay when you saw how much was taken out for taxes.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • GPC is a subsidiary of Kent Corp.

      Ag Manufacturer Begins Expansion

      Iowa-based Grain Processing Corp. has broken ground on an expansion project in Daviess County, which has been more than four years in the making. The company is investing $70 million to expand its Washington plant, which could create up to 20 jobs when complete.

    • Should My Family Office Be Concerned About Cybersecurity?

      Data breaches are constantly in the news and most companies know they should be concerned about privacy and the security of their data, or at least recognize this is an important and complex area.

      However, most family offices are not sure how to start addressing their concerns, or worse, don’t view the family office as a target. The majority (58%) of malware attack victims were categorized as small businesses in 2018.[i]

    • Bosma Enterprises Hires Chief Strategy Officer

      Bosma Enterprises has added Jay Geshay as its new Chief Strategy Officer. Geshay will be an active participant in making strategic decisions for Bosma Enterprises and the Bosma Visionary Opportunities Foundation, and will be responsible for developing and executing strategic initiatives for our company. He previously was director of Impact Indiana and was also a Senior Vice President at United Way of Central Indiana. 

    • The Landing project involves redeveloping seven buildings and two parking lots into a mixed-use development.

      New Restaurant Concept Coming to The Landing

      The developers of a $34 million redevelopment project in downtown Fort Wayne have announced a new partnership. Cincinnati-based The Model Group says it is working with Cunningham Restaurant Group to bring a "new and unique" restaurant experience to The Landing.

    • McCloskey Appointed to IEDC Board

      Governor Eric Holcomb has appointed Fair Oaks Farms co-founder Sue McCloskey to the Indiana Economic Development Corporation Board of Directors. "To continue taking Indiana's economy to the next level, we need the experience and perspective of key industry experts like Sue McCloskey. She knows firsthand the challenges and opportunities faced by Hoosier entrepreneurs and agriculture businesses,” said Gov. Holcomb.