- 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.
Fed Beige Book Warns Of ‘Little Growth In The Month Ahead,’ Sends Markets Lower
U.S. economic growth and business activity remains soft heading into 2023, according to the latest Federal Reserve Beige Book report on Wednesday.