- General Motors Co’s (NYSE:GM) GM Defense and Black Sage Technologies have signed a teaming agreement to explore the development of a Counter Unmanned Aerial System (C-UAS) solution.
- C-UAS will be used on GM Defense military vehicles provided to global defense and government customers at the Canadian Association of Defence and Security Industries (CANSEC) 2023.
- The two companies will collaborate on the research, development and market viability of a C-UAS solution on properties such as the Infantry Squad Vehicle (ISV).
- Also Read: California Asks For EPA Approval To Ban Gasoline-Only Vehicles By 2035
- At CANSEC 2023, GM Defense will showcase a four-seat ISV Multi-Mission and Logistics vehicle equipped with Black Sage’s Sawtooth C-UAS.
- The vehicle will feature open architecture software and hardware platforms that deliver data fusion, automated target recognition, threat evaluation, intelligence, surveillance and reconnaissance functionality.
- “We understand how critical optionality is for our customers, who look for ways to outmaneuver increasingly complex threats from around the globe,” said GM Defense president Steve duMont.
- Price Action: GM shares are trading higher by 0.35% at $33.41 on the last check Tuesday.
Raymond James Maintains Outperform on Murphy USA, Lowers Price Target to $305
Raymond James analyst Bobby Griffin maintains Murphy USA (NYSE:MUSA) with a Outperform and lowers the price target from $335 to $305.
