Daimler Truck and General Dynamics Land Systems have formed a strategic partnership to develop, produce, and service military logistics vehicles in select markets. The companies aim to expand their collaboration under Canada’s Logistics Vehicle Modernization program, delivering over 1,500 off-road logistics trucks to the Canadian Armed Forces. General Dynamics reported second-quarter revenue of $13.04 billion, up 8.9% from a year earlier, with quarterly earnings rising 14.7% to $3.74 per share. GD stock was trading lower by 0.55% to $322.78, while DTRUY was down 0.27%.

Read more at Yahoo Finance: General Dynamics And Daimler Truck Expand Collaboration On Military Logistics