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"That's an addressable market that we feel we have a right to win and pursue. And that's what we're doing," he told CNBC. "As we mature, as we grow, as we build out our operating model, as we have more wins, we will have the opportunity, I think, to continue to vector into other directions or adjacent markets. So that number is not going to get smaller." The company once built tanks for the military during WWII, but it has no plans to stretch that far from its core manufacturing, he said.  Ryder, an aerospace and defense industry veteran, said the military needs electric powertrains and vehi...

Chevy Colorado ZR2-Based Infantry Squad Vehicle to Be Made in North Carolina 21 Dec 2020, 9:58 UTC · by In the summer of this year, the U.S. Army Contracting Command announced GM Defense would be the company in charge of making the next Infantry Squad Vehicle (ISV) for the military. Now that we are ready to step into the new year, the American behemoth announced it started getting ready the facility where these vehicles will be made. 16 photos The place selected for this is an existing GM building in Concord, North Carolina. The facility there is 75,000-square-foot large and should sta...

Two Key Ways the New GM Defense Vehicle is Like a Race Car GM Defense is ramping up production of its Infantry Squad Vehicle. The new defense vehicle is based on the 2020 Chevrolet Colorado ZR2 midsize truck but it has a lot in common with race cars. Advertisement GM Defense is ramping up its production of its new Infantry Squad Vehicle. The subsidiary of General Motors is transforming a building it owns in Concord, North Carolina, to build the troop carrier that is based on Chevrolet’s 2020 Chevrolet Colorado ZR2 midsize truck. We have learned that the ISV military supertruck is a lot like...

DBusiness Magazine GM Defense Begins Renovations to North Carolina Plant for Army Contract GM Defense, a subsidiary of Detroit’s General Motors Co., has started renovations at its Concord, N.C. facility to support the production of the Infantry Squad Vehicle, a light all-terrain troop carrier intended to transport a nine-soldier infantry squad. GM Defense has started renovations at its Concord, N.C. facility to support the production of the Infantry Squad Vehicle. // Photo courtesy of GM Defense GM Defense, a subsidiary of Detroit’s General Motors Co., has started renovations at its Conco...

GM Defense begins renovating N.C. facility to build ISVs By (0) GM is renovating a facility in Concord, North Carolina to support production of the Infantry Squad Vehicle an all-terrain troop carrier intended to transport a nine-Soldier infantry squad. Photo by John F. Martin for GM Defense GM is renovating a facility in Concord, North Carolina to support production of the Infantry Squad Vehicle, a light and agile all-terrain troop carrier intended to transport a nine-Soldier infantry squad. Image courtesy of GM Defense Dec. 17 (UPI) -- GM Defense announced Thursday that it has started reno...