AM General, global military-grade tactical vehicle and mobility systems provider, signed a memorandum of understanding with the Egyptian Ministry of Military Production (MoMP) to facilitate Egypt’s development of its domestic military automobile industry. The long-term partnership would establish a phased approach to investigate ways in which AM General can collaborate with the MoMP to develop and build tactical vehicles in-country.
“Today’s signing ceremony further solidifies our long-standing relationship with the government of Egypt,” said Andy Hove, AM General President and CEO. “We look forward to applying our manufacturing and design expertise to help grow the Egyptian automotive industry.”
This collaboration will help facilitate the development of a domestic military automobile industry in Egypt. Together with the MoMP, the company will study the feasibility of developing an in-country assembly and manufacturing capability which will enable the MoMP to replace and/or supplement its existing HUMVEE fleet. The study will result in the development of a detailed plan to move forward with partnership agreement.
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Source: AM General
Date: Jun 24, 2021
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