Ethan Sterenfeld

The U.S. Army's multibillion-dollar light tank program and expected growth in European defense spending should begin to lift revenues in General Dynamics' combat vehicle segment around 2024, according to a company executive. “By 2024 and beyond, we ought to see a nice uptick trajectory in combat systems,” Jason Aiken, the company’s chief financial officer, said today on a quarterly earnings call.

The Army has made an internal decision about how it will replace the 155 mm towed howitzers that have been sent to Ukraine, and it might include purchasing a different system, according to Doug Bush, the service's acquisition executive. “We have a plan to replace the capability, but I can’t give you the details,” he told reporters today at the Pentagon. “I can’t talk specifically about what we’re going to do to replace those.” The United States has sent 126... Not a subscriber?

The Army has ordered two battery-electric vehicles to test their ability to complete military missions and refine requirements for the planned electric Light Reconnaissance Vehicle. General Motors subsidiary GM Defense and Canoo, a startup specializing in electric trucks and vans, will sell one vehicle each, according to press releases from the companies. GM will provide a GMC Hummer EV , while Canoo did not specify which model it would provide.