Private equity firm KPS Capital Partners announced in July that it agreed to acquire AM General and Andy Hove, president and CEO of the military vehicle maker, told Defense News in an interview published Thursday that KPS is confident in AM General’s capabilities and strategy.

More

Jack Keane, former vice chief of staff of the U.S. Army and a retired four-star general, has joined AM General as executive chairman of the military and commercial vehicles manufacturer. AM General said Tuesday he will collaborate with President and CEO Andy Hove as well as the company’s parent corporation MacAndrews & Forbes to implement strategic growth initiatives. Hove said that […] More

AM General landed Humvee and vehicle parts sales contracts for a combined value of $57 million from Iraq, Serbia, Argentina and the U.S. National Guard and Reserve forces. The company said Monday the contracts add to a previously awarded $25 million M1151A1B1 HMMWV foreign military sales contract modification. Andy Hove, AM General president and CEO, said the […] More