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Search Results for: AM General

AM General Receives $185M Army Order for Humvee Ambulances

AM General received a $185M order to provide 648 military Humvee ambulance vehicles to the U.S. Army as part of a five-year requirements contract. The company said Tuesday it will deliver an initial batch of chassis systems to the Joint Manufacturing and Technology Center in the spring. JMTC is located at …

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AM General Secures $121M Humvee Support Contract From US Army

AM General has received a $121.3M cost-plus-fixed-fee contract to support the U.S. Army’s family of high-mobility multipurpose wheeled vehicles. The service branch will determine work locations and funding upon issuance of each order under the contract which covers engineering, logistics and system support services for its Humvee units, the Defense …

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Report: AM General Could Seek Potential Buyers

AM General has tapped financial services firm Macquarie Group to seek out buyers for the South Bend, Ind.-based military ground vehicle manufacturer, Reuters reported Tuesday. Reuters estimates AM General is worth more than $2B based on the company’s recent contract wins and its limited liability corporation structure, which could offer a …

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AM General to Build Military Ambulance Vehicles Under $562M Army Contract

The U.S. Army has awarded AM General a $562.4M contract to manufacture ambulance-configured High Mobility Multipurpose Wheeled Vehicles. The Defense Department said Friday it expects the company to complete work by March 13, 2024. The service branch will provide funds and performance locations with each order under the cost and firm-fixed-price contract. AM General’s M997A3 …

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AM General Lands $2B Army Contract to Build Humvees for Foreign Military Clients

AM General has received a potential $2.21 billion contract from the U.S. Army to produce up to 11,560 High Mobility Multi-purpose Wheeled Vehicles. The Defense Department said Tuesday the company will deliver expanded capacity Humvees along with associated equipment and spare parts packages to foreign military sales customers. The Army Contracting Command solicited …

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AM General Secures $151M in Humvee Production, Training Support Contracts

AM General has received new contracts and contract modifications worth a combined $151 million to supply Humvee vehicles to the U.S. military’s National Guard and Reserve components as well as Afghanistan and Ukraine. The company said Monday it will produce 360 M1152A1B2 Humvees and 73 M1151A1B1 Humvees for Afghanistan, 40 M1152 Humvee ambulances for Ukraine …

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AM General to Supply Afghanistan With More Humvees for $109M

AM General has received a $108.8 million contract modification from the U.S. Army to deliver an additional 433 Humvees to Afghanistan under a foreign military sales deal. The Defense Department said Tuesday it expects the company to finish work under the modification by Sept. 29, 2017. DoD added the full obligated amount at the time of …

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AM General Lands $356M Army Contract Modification for Afghanistan Humvee Production

AM General has received a one-year, $356.2 million contract modification from the U.S. Army to build an additional 1, 259 Humvees for Afghanistan. The Defense Department said Friday that AM General will also produce 414 troop enclosure Humvees and will perform contract-related work in Mishawaka, Indiana, through July 29, 2017. The Army obligated …

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Andy Hove Joins AM General as President, CEO

Andy Hove, formerly president and CEO at defense contractor HDT Global, has joined AM General to serve in the same roles. AM General said Tuesday Hove will succeed the retiring CEO Charlie Hall. Hall said Hove’s experience in the domestic and international vehicle manufacturing sector could help position the company for …

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AM General Awarded $428M Army Contract for M997A3 Ambulance

AM General has secured a potential six-year, $428.3 million contract to provide the Army with M997A3-configured ambulances. The service branch, Army National Guard and Army Reserve will use the ambulance for disaster relief operations across the country, the Defense Department said Friday. The M997A3 is a multi-wheeled Humvee ground vehicle that has …

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