GM Defense And Jankel Announce Collaboration; Include Support Work In U.S. In Addition To The UK, Europe And In Other Locations Where Jankel Has Established Support Capability
Portfolio Pulse from Benzinga Newsdesk
GM Defense, a subsidiary of General Motors (GM), and Jankel have signed an MOU to jointly pursue defense and government customer opportunities globally. They will collaborate on GM Defense's mobility solutions like the HD SUV and IAV, with support work in the U.S., UK, Europe, and other locations. The partnership leverages GM's advanced technologies to offer specially designed, armored vehicles that meet customer requirements. Jankel brings expertise in the conversion of vehicles for defense and security customers, having delivered over 2,000 protected platforms worldwide.
December 12, 2023 | 2:43 pm
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General Motors, through its subsidiary GM Defense, has entered into a strategic partnership with Jankel to pursue opportunities in the defense and government sectors globally. This collaboration is expected to enhance GM's product offerings in the defense market, particularly in armored vehicles.
The partnership with Jankel is likely to have a positive short-term impact on GM's stock as it opens up new business opportunities in the defense sector and demonstrates GM's commitment to leveraging its technology in specialized markets. The collaboration could lead to increased sales and a stronger global presence in the defense industry, which investors may view favorably.
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