US Military Awards $1.7 billion Ground Tyre Contract to Michelin
The United States military has awarded Michelin Americas Truck Tires a 10-year $1.7 billion contract to provide ground tyres for every type of wheeled vehicle for all military branches (Army, Navy, Air Force, Marines) around the world. This contract is in addition to the recently awarded $700 million-plus contract for military aircraft tyres. Michelin is already the majority supplier of US Army tactical tyres. The company invested $16 million to increase military tyre production in order to meet the surge in demand related to Operation Iraqi Freedom.