On February 9, the U.S. Army awarded AM General a ten-year contract to manufacture 20,000 Joint Light Tactical Vehicles and nearly 10,000 trailers. If all options are exercised, the contract could be ...
KPS Capital Partners has agreed to acquire AM General from MacAndrews & Forbes Incorporated. No financial terms were disclosed. Based in South Bend, Indiana, AM General is a provider of specialized ...
SOUTH BEND ― An important step that will allow AM General to begin producing the Joint Light Tactical Vehicle for the military later this year has now been completed in the far northwest corner of the ...
AM General’s initial delivery of Joint Light Tactical Vehicles, or JLTVs, to the U.S. Army has been delayed by six months, according to a program spokesperson with the service, due to challenges ...
This story has been updated to include comments from a ground vehicle analyst. WASHINGTON — Humvee-maker AM General has been acquired by KPS Capital Partners, a private equity firm known for buying ...
WASHINGTON ― KPS Capital Partners is acquiring Humvee-maker AM General, the private equity firm announced last month, marking a new chapter for the South Bend, Indiana-based vehicle maker. AM General ...
Renowned light tactical vehicle and mobility solutions provider, AM General, has finalized a three-year, Direct Commercial Sale (DCS), framework contract with the Ministry of Defense of the Republic ...
AM General didn’t design the JLTV, nor did the company win the original contract to build it in 2015. But AM General did win a contract recompete last week. “So, that means here at AM General we’ve ...
The U.S. Army has awarded AM General a $96.1 million firm-fixed-price delivery order for the provision of vehicles, shelters and installation services. The Department of Defense said Friday the recent ...
Like many surviving U.S. automotive manufacturers of the last century, AM General can trace its beginnings to the late 1800s, when the Standard Wheel Company of Terre Haute, Indiana, shed its carriage ...
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