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GM defense unit sees $25 billion market in EV and other military deals

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The GM Defense Infantry Squad Vehicle was uniquely engineered to meet U.S. military specifications. It is based on the automaker’s off-road Chevrolet Colorado ZR2 midsize truck architecture.

GM Defense

DETROIT – General Motors is targeting significant growth for its resurrected military defense unit, which quietly relaunched three years ago and recently started fulfilling its first major U.S. military contract.

GM sees a $25 billion market in creating new products for the military based off its existing vehicles, parts and technologies, according to Jeff Ryder, GM Defense vice president of growth and strategy.

“That’s an addressable market that where we feel we have a right to win and…



Source cnbc.com

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