Auto components maker Dana said on Thursday it would supply front and rear axles for next-generation Jaguar and Land Rover vehicles under a contract worth $423.27 million.
The company said it has also been selected as the driveline supplier for certain new Chevrolet Silverado chassis cab trucks.
Production of the Silverado chassis cabs is set to begin in late 2018, Dana said.
Dana, which has supplied driveline technologies to GM and its predecessors for more than a century, did not disclose the value of the Chevrolet contract.
Dana's total investment for the program related to the Jaguar Land Rover models is expected to be about $29.6 million.
The new contracts come as Dana has been in the midst of a bidding war with Melrose to merge with British engineering company GKN's automotive business.