Lockheed Martin (LMT), GM Defense Partner on Military EV Development

Lockheed Martin Corp. (LMT) and GM Defense, a subsidiary of General Motors Co. (GM), announce a partnership to develop advanced defense products, including electric vehicle (EV) solutions for military applications. The collaboration aims to strengthen the U.S. manufacturing and defense industrial base. The alliance leverages GM's commercial technology and manufacturing prowess with Lockheed Martin's expertise in defense systems integration. Initial discussions focus on integrated product development and manufacturing processes to deliver innovative solutions. This strategic partnership seeks to meet the evolving needs of the U.S. military by combining the companies' respective strengths to enhance capabilities and operational efficiency in defense systems.