Automotive giant General Motors has produced its first batch of components for Patriot missiles

GM unveiled its 8.3L Duramax V8 engine, producing 555 hp and 1,230 lb-ft of torque, surpassing Ford's 6.7L Power Stroke. The engine will debut in 2027 Chevrolet Silverado HD and GMC Sierra HD. GM also improved towing capacity and steering systems.

General Motors (GM) is introducing an 8.3L Duramax diesel engine, named Mongoose, for its trucks, aiming to reclaim dominance in the diesel market. The company has also launched new 6.7L, 5.7L, and 6.6L V8 engines, signaling a return to its roots in high-displacement engines. GM's strategy focuses on performance and reliability, addressing stagnation in its core lineup.

GM unveiled updates for its 2027 heavy-duty truck lineup, including a new Duramax 8.3L Turbo-Diesel V8 engine with 555 hp and 1,230 lb-ft of torque. The trucks feature segment-first technologies like rack-and-pinion Electric Power Steering and an electronic brake-boost system. The updates aim to strengthen GM's position in the heavy-duty truck market, with the new diesel engine and enhanced 6.6L gas V8 paired with an Allison 10-speed transmission.

The Department of War signed seven-year agreements with Lockheed Martin (LMT) and General Dynamics (GD) to boost missile defense production. Lockheed, as the prime contractor, gains multi-year demand visibility for THAAD and PAC-3 MSE. General Dynamics secures a foundation to scale its Ordnance and Tactical Systems unit. Both companies face risks related to execution, funding, and supply chain constraints.

Elroy Air, a developer of autonomous heavy-cargo drones, raised $175M in PIPE financing, including Lockheed Martin Ventures. The funds will support manufacturing and commercial deployment of its Chaparral aircraft. The company plans to go public via a merger with Inflection Point Acquisition Corp. VII (NASDAQ: IPXG). Elroy Air has secured a $46M U.S. Army contract and expanded partnerships with Bristow Group.

Lockheed Martin (LMT) secured a $1.2B contract with the U.S. Army for the production and development of the Precision Strike Missile (PrSM) Increment 2. The contract follows successful flight tests demonstrating the missile's capabilities. Lockheed plans to expand production capacity to meet demand, according to the company.