There’s a new CEO coming to town at AM General, the defense contractor probably best known to civilians for building the Hummer. Andy Hove, who is an Army veteran and longtime defense industry executive, will take over the helm in early 2016. Current CEO Charlie Hall is retiring.
Hove was an officer in the U.S. Army for 11 years. Since then, he’s had a long history of working for military contractors that include Oshkosh Defense, BAE Systems and United Defense. As president of Oshkosh, Hove helped secure contracts for the FMTV and M-ATV platforms. He also oversaw the Bradley combat systems during his tenure at BAE. He was most recently CEO of Ohio-based HDT Global that makes military vehicles.
AM General is best known for building the military Humvee. It also built the Hummer H2 for General Motors until GM shut down the Hummer brand in 2010. AM General says there are over 230,000 HMMWVs currently serving in U.S. military tactical missions around the world. It keeps these vehicles mission ready. Both the Army and Marine Corps have repeatedly emphasized the need to modernize and maintain the HMMWVs in their service so they can keep using them through at least 2050.
The company also builds other vehicles, too. It’s behind Mobility Ventures, a company that builds the wheelchair accessible MV-1. This year it will also start assembling the large Mercedes-Benz R-Class crossover n Mishawaka, Indiana.
The company employees 1,500 people and is currently owned by two New York-based investments firms.