Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
GM Defense Canada Receives C$35.8 Million Contract Award for 90 Light Tactical Vehicles from Canadian Armed Forces
Jul 23, 2024•about 2 years ago
Contract Type
contract
Description
GM Defense Canada, a subsidiary of GM Defense, has been awarded a C$35.8 million contract by the Canadian Armed Forces (CAF) for 90 light tactical vehicles (LTVs), with an option to procure up to an additional 18 LTVs. The vehicles will enable Soldiers to move with increased speed, range and safety across complex terrain.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months