Objective to Develop In-Country Manufacturing Capability
Late last month, AM General signed an MoU with Egypt’s Ministry of Military Production (MoMP) to facilitate Egypt’s development of its domestic automotive industry.
The partners envision a long-term partnership that will establish a phased approach in which the company can collaborate with the Ministry in order to develop and build tactical vehicles in-country.
“Today’s signing ceremony further solidifies our long-standing relationship with the government of Egypt,” commented Andy Hove, AM General President and CEO, at the 22 June ceremony. “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.