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General Motors Boosts Defense Prospects With Lockheed Partnership
Zacks Investment Research·
General Motors' defense subsidiary has begun supplying mission-critical components for Lockheed Martin's PAC-3 Missile Segment Enhancement interceptor. GM Defense expects to generate approximately $700 million in 2026 revenues and is positioned for a potential $1 billion contract to manufacture 10,000 Infantry Squad Vehicles for the U.S. military.
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