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Market Chatter: Ford Motor Pursues US Military Contract for Tactical Truck

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Ford Motor (F) has joined the competition to build the US Army's newest tactical truck, marking its pursuit of its largest military contract since the Cold War, The Wall Street Journal reported Monday.

Ford secured a Defense Department contract to develop three truck prototypes based on its F-Series Super Duty pickups, according to the report.

Ford did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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