Polaris Inc. - Wikipedia

American automotive manufacturer This article is about the U.S. powersports vehicle company. For other uses, see Polaris (disambiguation). Polaris Inc.

Formerly	Polaris Industries Inc.
Company type	Public
Traded as	NYSE: PII S&P 400 component
Industry	MotorsportsAutomotiveDefense
Founded	1954; 72 years ago (1954)[1]
Founders	Edgar Hetteen Allen Hetteen David Johnson
Headquarters	Medina, Minnesota, U.S.
Area served	Worldwide (except Afghanistan, Cuba, Iran, Syria, and North Korea)
Key people	Michael Speetzen (CEO)
Products	SnowmobilesAll-terrain vehiclesMotorcyclesMoto-RoadstersBoatsCommercial vehicles Ultra-Light Tactical VehiclesParts, Garments and Accessories
Revenue	US$7.18 billion (2024)[2]
Operating income	US$291 million (2024)[2]
Net income	US$111 million (2024)[2]
Total assets	US$5.53 billion (2024)[2]
Total equity	US$1.29 billion (2024)[2]
Number of employees	15,000 (2024)[2]
Divisions	Off-RoadOn-RoadMarine
Subsidiaries	Aixam Kolpin Goupil Industrie Indian Klim International: Polaris Europe Polaris India
Website	polaris.com

Polaris Inc. is an American automotive manufacturer headquartered in Medina, Minnesota, United States. Polaris was founded in Roseau, Minnesota, where it still has engineering and manufacturing facilities.[3] The company manufactured motorcycles through its Victory Motorcycles subsidiary until January 2017, then produced motorcycles through the Indian Motorcycle subsidiary,[3] which it purchased in April 2011 and announced its divestiture in October 2025.[4][5] Polaris produced personal watercraft from 1994 to 2004.[3] The company was originally named Polaris Industries Inc. and was renamed in 2019 to Polaris Inc.[6][1]

Robin (a subsidiary of Subaru Corporation) previously developed and supplied all-terrain vehicle (ATV) and snowmobile engines for Polaris Inc. Starting in 1995 with the Polaris Magnum 425 4-stroke ATV and in 1997, with the introduction of the "twin 700" snowmobile engine Polaris started the development and production in house of the "Liberty" line of engines, now found in many models across their current production lines. Since that time Polaris has continued to develop their in-house engine production capacity, now designing and manufacturing all of their own power plants, while maintaining the partnership with Subaru.

In 2010, Polaris relocated a portion of its utility and sport vehicle assembly to Mexico. Components are manufactured in Osceola, Wisconsin and the vehicle assembly is done in Roseau, Minnesota. The vast majority of powertrain and vehicles for the off-road line are manufactured in the Osceola and Roseau facilities, respectively. Both the Victory and Indian motorcycle brands are American made with complete powertrains and vehicle assembly located in Osceola, Wisconsin, and Spirit Lake, Iowa, respectively.

History

[edit]

Edgar Hetteen (later described by the Snowmobile Hall of Fame in St. Germain, Wisconsin, as the father of the snowmobile), David Johnson, and Edgar's brother Allan Hetteen were partners in Hetteen Hoist and Derrick[7] in Roseau, Minnesota. Edgar had dropped out of school after the eighth grade in 1934. David Johnson and company employees Paul Knochenmus and Orlen Johnson, who was the first person to ride a Polaris, decided to create a vehicle that could travel through snow. These vehicles' primary use was to make hunting locations more accessible. David Johnson and several employees created the prototype in 1954 while Edgar was on a business trip. Edgar returned to Roseau to discover the snow machine and was furious the employees had used their time and company resources on the machine. This first machine used a grain silo conveyor belt as a track, a Briggs and Stratton motor, and an old Chevy bumper for skis. Edgar was skeptical of its value,[8] and the No. 1 sled was soon sold to Roseau lumberyard owner "Silver Pete" H.F. Peterson for $465 in order to meet company payroll.[7]

However, the employees continued to focus on building snowmobiles and soon a second model was created, with Allan Hetteen leading the way; it was called the Polaris Sno Traveler.[9] The first production model rolled off the assembly line in Minnesota in 1956. The original models weighed close to 1,000 lb (450 kg) and moved at a speed of about 20 mph (32 km/h). As Polaris snowmobiles gained sales traction, Edgar Hetteen became an advocate of the new product line.[7] In order to promote the new snowmobile and prove its reliability and usefulness, in 1960 Edgar led a three-snowmobile, 1,200-mile trek across the Alaskan wilderness, starting from Bethel, Alaska. The trip took three weeks, and much of the time, Edgar struggled to maintain 10 mph over the snow.[8][10] The Fairbanks Daily News-Miner put them on its front page. However, Edgar's absence caused problems for him with the Roseau bank's board of directors.[7] Soon after completing the trip, Edgar left the company in June and started a competing company called Polar Manufacturing in Thief River Falls, Minnesota. The company name later changed to Arctic Enterprises; in the mid-1980s it filed for bankruptcy amid declining industry snowmobile sales with a recession and overproduction in a poor winter which continued the demise of many manufacturers. The company emerged from bankruptcy and continues on today as Arctic Cat.

Polaris began developing a smaller consumer-sized, front-engine snowmobile to compete with the Ski-Doo in the early 1960s. In 1964, Polaris released the Comet. However, the Comet soon ran into problems as it could not travel in all types of snow conditions. Polaris then recalled the sleds and quickly developed a new prototype to avoid bankruptcy.[9] The new model, the 1965 Mustang, became a hit as a family snowmobile and boosted Polaris sales. Polaris continued to develop snowmobiles similar to this model throughout the 1960s–1970s, and went on to become one of the leaders in the snowmobile industry.[11][12]

In the early 1980s, Polaris started creating an Indy style snowmobile with IFS and a wider stance. They continued with the Indy style sled in the 90s with the Storm, XLT, XCR, Ultra, RMK, and Trail lines, within the last few years Polaris has re-introduced the INDY model name. In 1985, Polaris introduced the Scrambler ATC[13] and Trail Boss, which are considered to be the first American-made production all-terrain vehicles (ATV).[14] In the early 1990s, Polaris introduced the Polaris Rocky Mountain King (RMK)- a snowmobile specific for mountain terrain. In May 2009, Polaris announced the creation of an On-Road Vehicle Division. The new division will be devoted to the growth of Victory motorcycles and other on-road products and brands.[15] In 2010, Polaris introduced the Polaris Rush snowmobile which had a new suspension system and better trail handling capabilities. This snowmobile is also available with retro graphics on the Rush and Iq models. In late 2005, Polaris announced that it would purchase a portion of KTM Motorcycles. Through this venture KTM has developed their own ATV and Polaris has developed Sport ATVs which utilize the KTM 525 and 450 powerplants.

On May 21, 2010, Polaris announced that it was opening a new manufacturing plant in Mexico. The sister facility in Osceola, Wisconsin still remains in full operation. The opening of the Monterrey, Mexico facility is anticipated to save the company $30 million annually, with most of that savings coming from lower wages.[16] The Monterrey facility has 3 assembly lines devoted to production of Ranger side-by-sides for global markets. The original intent of the Monterrey facility was to serve markets in the Southern US plus Mexico and North America.[citation needed]

In October 2011, Polaris announced an investment in Brammo, Inc., an electric vehicle company based in Ashland, Oregon, United States. Its first production electric motorcycle, the Brammo Enertia, is assembled in Ashland and sold at dealerships.[17] Polaris continued its investment in Brammo when it participated in the $13 million opening tranche of Brammo's Series C funding round in July 2012.[18] Polaris had been showing interest in electric propulsion, producing an electric version of its Ranger Side-by-Side and more recently buying Global Electric Motorcars (GEM). As one publication put it, "This latest move likely signals the addition of clean and quiet drivetrains to ATVs and motorcycles under the global giant's brand umbrella – snowmobiles may have to wait on battery breakthroughs before they become commercially feasible."[19] On January 15, 2015, Polaris announced that it had purchased the entire electric motorcycle business from Brammo. Production of electric motorcycles was slated to commence at Polaris' factory in Spirit Lake, Iowa during the second half of 2015.[20] Polaris also manufactures Victory and Indian motorcycles at the Spirit Lake factory.

In 2012, production restarted on the Indy-named sleds (stopped in 2004 with the Indy 500) with the release of the 2013 Indy 600 and Indy 600 SP. For 2014, Polaris will expand the Indy name and provide model variants for nearly all categories (the one exception being the "Mountain" class).[citation needed]

On April 11, 2013, Polaris announced that it acquired Aixam-Mega, a French quadricycle manufacturer.[21]

On January 9, 2015, Polaris announced it will be opening a new 600,000-square-foot facility in Huntsville, Alabama that will employ at least 1,700 workers. Construction on the new manufacturing plant is set to start in early 2015 and should be opened by the spring of 2016. The plant will support several core processes including, vehicle assembly, chassis and body painting, welding, fabrication and injection molding.[22]

On March 7, 2016, Polaris acquired Taylor-Dunn, a manufacturer of industrial vehicles based in Anaheim, CA.[23]

On January 9, 2017, Polaris Chairman and CEO Scott Wine announced they would be shutting down Victory Motorcycles. They announced they will continue to honor warranties and produce parts for Victory Motorcycles for the next 10 years.[24]

In April 2018, Polaris Industries agreed to pay a record $27.25 million civil penalty for failing to report defective off-road vehicles.[25]

In May 2018, Polaris reentered the production of boats by purchasing the Indiana-based Boat Holdings LLC for $805 million. The company invested further in its boating division in January 2019 with the acquisition of Marquis-Larson Boat Group out of Pulaski, Wisconsin. Production of Marquis-Larson moved to a facility in Syracuse, Indiana.[26] They then went on to make the Polaris Slingshot, a three-wheeler.

On July 29, 2019, the company changed its name from Polaris Industries Inc. to Polaris Inc. and commenced trading with the new name on August 8, 2019.[6]

On July 20, 2023, Polaris bought Walker Evans Racing.[27]

In 2023, the company launched the all-electric Ranger XP Kinetic (electric motor and electric transmission). In 2022, Godfrey's Mighty G Pontoon was launched, compatible with either electric or gas propulsion, with consumers favoring electric rigs.[28]

Leadership

[edit]

• Edgar Hetteen (1954–1960)[29]
• Allan Hetteen & David Johnson (1960–1980)[30]
• W. Hall Wendel, Jr. (1980–2008)[31]
• Scott W. Wine (2008–2020)[32]
• Michael (Mike) Speetzen (2021–Present)[33]

Racing

[edit]

Polaris Racing is one of the big four factory racing teams on the World Power Sports Association (WPSA) Snocross circuit. With 44 signed riders, they also run in Hill Cross, Oval Track Racing, and Cross Country Racing. The Polaris Racing Team won 8 different Championships in the 2006–2007 season. Arnar Gunnarsson (#26) won the Pro Open, Gústi (#10) won Pro Stock, Klara Björk (#89) won pro women at Iceland, T. J. Gulla (#44) won the WPSA Pro Stock Championship, Ross Martin (#837) won the WPSA Pro Open Championship, and Kylie Abramson (#87) won the WPSA Pro Women's Championship. Gabe Bunke (#74) has won the USCC Pro 600 Class Championship and USCC Pro Open Class. Dustin Wahl (#74) won the Pro Ice 440 Championship, the Pro Ice Formula Championship, and the Millennium 600 Open championship, and John Cyr III (#99) won the 2004 USCC Pro 700 Class Championship. Most all of the Polaris Racing riders drive the IQR 440, 600 or 700 Racer, depending on the class and the event. Polaris holds the most wins in the World's Longest, Toughest Snowmobile Race, the Iron Dog, a 2,000 mile race across Alaska.[34]

Polaris Government and Defense

[edit]

Polaris Government and Defense (formerly Polaris Defense) is a division of Polaris Industries founded in 2005 and re-branded in 2017. The division was created after years of successful implementation of the company's off-road vehicles in military theater. The division produces a range of vehicles to serve the United States and allied forces. Products include the MRZR platform, MVRS, MV700, RZR-SW and the DAGOR.[35]

MRZR

[edit] Further information: Polaris RZR § Military use

In November 2016, the U.S. Marine Corps signed a $6.5 million contract with Polaris to deliver 145 MRZR-D ATVs. Called the Utility Task Vehicle (UTV), it is a version of the vehicle already in use by U.S. Special Operations Command, but is designed to be diesel-powered and can run on JP-8 fuel. The Marines bought the unarmored ATVs because they can fit inside an MV-22 Osprey, enabling them to be deployed from long distances, to provide logistics support to ground combat units, assisting them to travel and transport supplies quicker and easier than previously on foot. The vehicles can carry four troops and have a small cargo bed capable of carrying 1,500 lb (680 kg) of payload. It is planned to field 18 MRZR-Ds per infantry regiment. The vehicles are to be delivered from late-January to April 2017.[36][37][38]

DAGOR

[edit]

DAGOR
A DAGOR being prepared to be sling loaded onto a UH-60 Black Hawk helicopter
Place of origin	United States
Service history
In service	2014–present
Production history
Manufacturer	Polaris Government and Defense
Produced	2014
Specifications
Mass	Curb weight: 2,000 kg (4,500 lb)[39] A1: 3,900 kg (8,500 lb)[40]
Length	Overall: 4.52 m (178 in)[39]
Width	Overall: 1.88 m (74 in)[39]
Height	Top of roll cage: 1.84 m (72.5 in)[39]
Crew	Up to 9[39]
Engine	Diesel/JP8[39]
Payload capacity	1,470 kg (3,250 lb)[39] A1: 1,810 kg (4,000 lb)[40]
Operationalrange	800 km (500 mi)[39]

DAGOR (Deployable Advanced Ground Off-road) is a purpose-built military off-road vehicle that is designed for rapid external and internal air transportability and that incorporates commercial off-the-shelf (COTS) components and driveline system with spares available worldwide.[41] The DAGOR was developed under contract from elements of the United States Special Operations Command and international Special Operations Forces (SOF).[42] The vehicle was designed in partnership with Roush Industries over two years who are also responsible for production.[43][44] The DAGOR was unveiled at the 2014 Association of the United States Army Annual Meeting in October 2014.[44] The DAGOR can accommodate up to nine soldiers: four in the cabin, four in the bed, and a roof gunner who has a seat suspended from the roll cage in the cabin.[44]

The vehicle can be configured in up to 48 different weapon configurations using the weapons ring and multiple pintle mounts. The vehicle is powered by a light weight, commercial off-the-shelf turbo diesel / JP8 engine. The vehicle can transport a maximum payload of more than 1,400 kg. It has high mobility with high speeds over rough terrain. The vehicle is certified for air drop and internal air transport by CH-47 Chinook heavy-lift helicopter, and sling load under UH-60 Black Hawk utility helicopters. The vehicle supports low velocity air drop (LVAD) method.[42][45]

In March 2018, Polaris unveiled the DAGOR A1, which can carry 20% more payload than the original DAGOR, and also has increased ride height.[46][47]

Operators

[edit]

• Australia: Special Operations Command were scheduled to receive the first five vehicles in January 2015 to trial.[48][49][50][51]
• Austria: Jagdkommando[51]
• Canada: In December 2016, the Canadian Special Operations Forces Command (CANSOFCOM) announced that a contract was awarded for the acquisition of 52 ULCV with the option to procure an additional 26 vehicles over a two-year period. In July 2017, CANSOFCOM exercised the option to procure an additional 10 ULCV, bringing the total number of ULCV to 62.[52][53]
• Romania: Ordered more than 50 vehicles in 2023.[54]
• Turkmenistan[55][51]
• United Arab Emirates: Deliveries were scheduled for the United Arab Emirates in April 2015.[56][51]
• United States
  • Special Operations Command were scheduled to receive the first fifteen vehicles in November 2014.[57]
  • 82nd Airborne Division[58][59]

See also

[edit]

• Eicher Polaris Multix, a personal utility vehicle manufactured by Eicher Motors and Polaris India.
• Polaris Slingshot, a three-wheeled motor vehicle
• Boeing Phantom Badger, a combat vehicle platform similar to the DAGOR.

References

[edit]

1. ^ a b "History Timeline". Polaris. Retrieved October 10, 2019.
2. ^ a b c d e f "2024 Form 10-K, Polaris Industries Inc". United States Securities and Exchange Commission. February 18, 2025.
3. ^ a b c Dapper, Michael (April 2018). Victory Motorcycles 1998–2017 : the complete history of an American original. Klancher, Lee, 1966-. [tAustin, TX]. ISBN 9781937747930. OCLC 1002128369.{{cite book}}: CS1 maint: location missing publisher (link)
4. ^ Shunk, Chris (April 20, 2011). "Polaris purchases Indian Motorcycles, will complement Victory brand". AOL, Inc. Retrieved October 26, 2011.
5. ^ https://www.mprnews.org/story/2025/10/14/minnesotabased-polaris-announces-sale-of-indian-motorcycle
6. ^ a b Polaris Inc. (July 29, 2019). Form 8-K - Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year (Report). United States Securities and Exchange Commission. 0001157523-19-001610. Retrieved October 10, 2019.
7. ^ a b c d Bassett, Jerry (1989). Polaris Pioneers. St. Paul, Minnesota: Recreational Publications Inc. pp. 5–13.
8. ^ a b ["Snowmobile Pioneer Cut A Fast Trail for the Sport, Wall Street Journal, February 16, 2011, p.A5]
9. ^ a b Dapper, Michael (2004). Polaris Snowmobile Buyer's Guide. St. Paul, Minnesota: Dapper Publishing. pp. 10–13. ISBN 0879387793.
10. ^ St. Anthony, Neal (February 14, 2011). "'Godfather' of snowmobile industry". StarTribune.
11. ^ "About Polaris - Creed - Values - Management Team". www.polarisindustries.com.
12. ^ "Polaris history and heroes - Snowmobile.com". January 30, 2008.
13. ^ "1985 Polaris Scarmbler 250R/es". Retrieved April 14, 2020.
14. ^ Bassett, Jerry (1994). Polaris Partners. St. Paul, Minnesota: Recreational Publications Inc. pp. 40–51.
15. ^ "Archived copy". Archived from the original on June 5, 2013. Retrieved May 18, 2009.{{cite web}}: CS1 maint: archived copy as title (link)
16. ^ Moylan, Martin (May 21, 2010). "Polaris: Moving to Mexico to get closer to customers".
17. ^ "Company Background". Brammo, Inc. Archived from the original on June 13, 2009. Retrieved July 29, 2010.
18. ^ Williams, Christina. "Brammo closes on $13M, signs with GE Capital". Portland Business Journal. Archived from the original on April 5, 2013. Retrieved July 13, 2012.
19. ^ Yoney, Domenick (October 26, 2011). "Polaris bets big on Brammo, could deal bring electric Indians?". AOL/Time Warner. Retrieved October 26, 2011.
20. ^ "POLARIS ACQUIRES ELECTRIC MOTORCYCLE BUSINESS FROM BRAMMO - Polaris Industries". www.polaris.com. Archived from the original on September 24, 2015. Retrieved January 26, 2015.
21. ^ Black, Sam (April 11, 2013). "Polaris buys Aixam Mega, quadricycles maker". Minneapolis/St. Paul Business Journal.
22. ^ Berry, Lucy (January 9, 2015). "Polaris will launch new manufacturing operation employing at least 1,700 in Huntsville area". The Huntsville Times. Retrieved January 9, 2015.
23. ^ "Polaris Acquires Taylor-Dunn". polaris.com. March 7, 2016. Retrieved November 21, 2018.
24. ^ "Victory Motorcycle Important Announcement - Polaris Industries". www.polaris.com.
25. ^ "Polaris Agrees to Pay $27.25 Million Civil Penalty for Failure to Report Defective Recreational Off-Road Vehicles". April 2, 2018.
26. ^ "Polaris Dives Deeper into Boating Market with Purchase of Marquis-Larson Boat Group". Twin Cities Business. January 21, 2019. Retrieved February 8, 2019.
27. ^ "Statement from Polaris on the Agreement to Purchase Walker Evans Enterprises".
28. ^ "Electric Is Ideal for Utility Vehicles, Says Polaris CEO". Marketwatch. Archived from the original on March 13, 2024. Retrieved March 13, 2024.
29. ^ https://www.polaris.com/en-us/history-timeline/&ved=2ahUKEwin5J_ytvSQAxWKpZUCHS0jDZIQ1fkOegYIAQhKEAI&opi=89978449&cd&psig=AOvVaw24mC1cMexCnkfThb3r18_Z&ust=1763305469254000
30. ^ https://www.polaris.com/en-us/history-timeline/&ved=2ahUKEwin5J_ytvSQAxWKpZUCHS0jDZIQ1fkOegYIAQhKEAI&opi=89978449&cd&psig=AOvVaw24mC1cMexCnkfThb3r18_Z&ust=1763305469254000
31. ^ https://www.polaris.com/en-us/history-timeline/&ved=2ahUKEwin5J_ytvSQAxWKpZUCHS0jDZIQ1fkOegYIAQhKEAI&opi=89978449&cd&psig=AOvVaw24mC1cMexCnkfThb3r18_Z&ust=1763305469254000
32. ^ https://www.polaris.com/en-us/news/company/polaris-announces-departure-of-chairman-and-ceo/%23:~:text%3D(NYSE:%2520PII)%2520today%2520announced%2520that%2520Chairman%2520and,will%2520be%2520announced%2520at%2520a%2520later%2520date.&ved=2ahUKEwin5J_ytvSQAxWKpZUCHS0jDZIQ1fkOegYIAQhKEAY&opi=89978449&cd&psig=AOvVaw24mC1cMexCnkfThb3r18_Z&ust=1763305469254000
33. ^ https://ir.polaris.com/governance/board-of-directors/person-details/default.aspx?ItemId%3D585c5151-5cef-45ea-960a-4fd324dc814e&ved=2ahUKEwin5J_ytvSQAxWKpZUCHS0jDZIQ1fkOegYIAQhKEAo&opi=89978449&cd&psig=AOvVaw24mC1cMexCnkfThb3r18_Z&ust=1763305469254000
34. ^ "Iron Dog Race - History of Iron Dog Winners". www.irondog.org.
35. ^ "About Polaris Government & Defense - Off-Road Vehicles for Military & Government". military.polaris.com. Retrieved February 8, 2019.
36. ^ "Marine Corps to Equip Infantry Units with Polaris ATVs | DoD Buzz". DoD Buzz. September 27, 2016. Archived from the original on January 5, 2017.
37. ^ Marine grunts to get new all-terrain vehicles for missions - MarineCorpstimes.com, November 22, 2016
38. ^ Marine Grunts Will Start Getting ATVs in January - Defensetech.org, November 23, 2016
39. ^ a b c d e f g h "Dagor Specifications". Polaris Defense. Archived from the original on October 9, 2014.
40. ^ a b "DAGOR A1 Specifications". Polaris Government and Defense. Retrieved January 5, 2024.
41. ^ "DAGOR A1 Features". Polaris Government and Defense. Retrieved January 6, 2024.
42. ^ a b "Polaris DAGOR Ultra-Light Combat Vehicle". Army Technology. Retrieved December 9, 2015.[unreliable source?]
43. ^ "Polaris Dagor, ready for action". BBC. Retrieved December 9, 2015.
44. ^ a b c "Polaris DAGOR ultra-light truck ready for combat". Fox News. Archived from the original on March 10, 2016. Retrieved December 9, 2015.
45. ^ "DAGOR" (PDF). Polaris Defense. Archived from the original (PDF) on October 23, 2014.
46. ^ "Next-Generation Polaris® DAGOR® Evolves with Mission Requirements". Polaris Government and Defense (Press release). March 21, 2018. Retrieved January 5, 2024.
47. ^ Wasserbly, Daniel (March 22, 2018). "Polaris unveils new DAGOR A1 light tactical vehicle". Jane's Information Group. Archived from the original on March 23, 2018. Retrieved August 16, 2019. The DAGOR A1 can carry up to nine personnel and a total payload of up to 4,000 lb (1,814 kg), about a 20% increase over the legacy platform, Mark McCormick, a senior director for Polaris Government and Defense, told Jane's .
48. ^ "SOCOMD Rough Terrain Vehicles". Australian & NZ Defender Magazine (92). Summer 2015.
49. ^ "Polaris delivers All Terrain Vehicles to ADF". Australian Defence Magazine. Retrieved December 9, 2015.
50. ^ White, Andrew (August 10, 2017). "Special Effects". Armada International. Media Transasia. Archived from the original on September 25, 2020.
51. ^ a b c d Rainer Diederich GmbH (December 17, 2021). "DAGOR – schneller Off-Road Spezialist für Spezialkräfte" [DAGOR – fast off-road specialist for special forces]. Soldat & Technik (in German). Retrieved January 4, 2024.
52. ^ "Polaris Wins Canadian Special Forces Ultra-Light Combat Vehicle Contract". Polaris Government and Defense (Press release). December 20, 2016. Retrieved January 4, 2024.
53. ^ "CANSOFCOM takes delivery of Ultra-Light Combat Vehicle (ULCV)". Canadian Armed Forces (Press release). January 25, 2018. Retrieved January 6, 2024.
54. ^ "Romania Orders Polaris DAGOR Ultralight Tactical Vehicles". Polaris Government & Defense (Press release). June 11, 2023. Retrieved January 4, 2024.
55. ^ Mitzer, Stijn; Oliemans, Joost (September 27, 2021). "Snaps From Ashgabat: Turkmenistan's 2021 Military Parade". Oryx. Retrieved January 6, 2024.
56. ^ "IDEX 2015: Dagor set for UAE service". IHS Jane's 360. Jane's. Archived from the original on August 8, 2015.
57. ^ "Ultralight Vehicle Makers Seek Mideast Buyers". DefenseNews. February 25, 2015. Retrieved December 9, 2015.
58. ^ Freedberg Jr., Sydney J (October 8, 2019). "Who Will Build 651 Parachuting Trucks For The Army?". Breaking Defense. Breaking Media. Retrieved January 4, 2024.
59. ^ Apthorp, Claire (May 2018). "Rise of the Ultra-light Military Vehicle". Global Defence Technology. No. 87. Retrieved January 4, 2024.

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v t e Polaris Inc.
Divisions	Polaris Commercial Polaris Defense
Subsidiaries	GEM Indian Victory Motorcycles Taylor-Dunn Polaris Europe Aixam Goupil Industrie Polaris India
Polaris products	UTVs Ace Dagor Ranger RZR M RZR Sportsman MV 850 Taylor-Dunn G-100 ET-150-72 NEVs GEM e2/e4/e6 eLXD eM1400 Taylor-Dunn BT-280 FT-240 FT-280 T-941 T-942 Snowmobiles 550-Series 600-Series 800-Series Indy RMK Rush Switchback Motorcycles Indian Slingshot Commercial trucks Brutus M14000 Multix Ranger XP Taylor-Dunn Bigfoot XL BF-3000

v t e Minnesota-based corporations
Fortune 500 corporations(by revenue)	UnitedHealth Group Target Best Buy CHS 3M U.S. Bancorp SuperValu Lunds & Byerlys General Mills Land O'Lakes Ecolab C.H. Robinson Ameriprise Financial Xcel Energy Hormel Foods Thrivent Patterson Companies Polaris Inc. Dairy Queen City Pages
Fortune 1000 corporations(by revenue)	Toro Donaldson H.B. Fuller Federated Mutual Insurance Company Deluxe HOM Furniture Kowalski's Markets Cub
Other public companies(alphabetically)	Dayforce MTS Systems Corporation Protolabs Regis Stratasys Minnesota Star Tribune
Major non-public corporations(alphabetically)	Andersen Cargill Carlson Holiday Stationstores Minnesota State Fair Schwan's Company Securian Financial Group Taylor Corporation
Related topics	List of companies based in Minneapolis–Saint Paul
Defunct corporations(alphabetically)	ADC Telecommunications Amazon Bookstore Cooperative Brooks-Scanlon Lumber Company Butler Brothers Champion Air Control Data Corporation Crystal Shamrock Airlines Destineer Engineering Research Associates Fawcett Publications FuncoLand Gamble-Skogmo Gander Mountain Genmar Holdings Grand Casinos Jasc Software MacSoft Media Play Midwest Aviation Midwest Federal Savings & Loan Midwest Wireless Minneapolis-St. Paul Stock Exchange Minnesota Stage Company Musicland Napco Four Wheel Drive Vehicles Navarre Corporation North Central Airlines Northgate Computer Systems Northrup-King Northwest Airlines Paisley Park Records Paragon Cable Rainbow Foods Red Owl Republic Airlines Rider Bennett Rural Cellular St. Jude Medical Salkin & Linoff Shoppers' City Simitar Entertainment SuperAmerica Swan River Logging Company Unicel William Bros Boiler Works XRS Corporation Zeos

v t e Automotive industry in the United States
Automotive industry Economy of the United States Transportation in the United States
Vehiclemanufacturersand brands	Current (list) AGCO Challenger Tractor Massey Ferguson AM General Anteros Coachworks Amp Electric Vehicles Arcimoto Armour Group ATK motorcycles Autocar Blue Bird Callaway Cars Caterpillar Inc. Czinger Chenowth Racing Products Environmental Performance Vehicles Equus Automotive Forest River Champion Bus Collins ElDorado National Glaval Bus Starcraft Bus Ford Lincoln SVT General Dynamics Land Systems General Motors Buick Cadillac Cadillac V series Chevrolet Chevrolet Performance GMC Gillig Growler Manufacturing and Engineering Harley-Davidson Ingersoll Rand Club Car HDT Global HME International Motors IC Bus John Deere Karma Automotive Laffite Lenco Industries Lockheed Martin Lucid Motors Mack Trucks Millennium Luxury Coaches Morgan Olson Motor Coach Industries Oshkosh Pierce Paccar Kenworth Peterbilt Panoz Phoenix Motorcars Polaris Industries Global Electric Motorcars Indian Victory REV Group Fleetwood Holiday Rambler Laymor Wheeled Coach Rezvani Motors Rivian Scuderia Cameron Glickenhaus SSC North America Superformance Telo Tesla Textron Arctic Cat E-Z-Go Cushman Trans Tech Ultimaster VIA Motors VLF Automotive Xos, Inc. Zero Motorcycles Foreign subsidiaries BMW Daimler Truck Honda Acura Hyundai Motor Group Hyundai Kia Mazda Mercedes-Benz Mitsubishi Nissan Infiniti Seres Group Seres Stellantis1 Chrysler Dodge Jeep Ram Subaru Toyota Toyota Motor Engineering & Manufacturing Volkswagen Defunct / former 2 Allis-Chalmers American Austin American Electric American LaFrance American Motors Hudson Essex Terraplane Nash Rambler Armor Armored Auburn Aurica Autoette Avanti Avery BMC Boulder Electric Vehicle Carbon Motors Corporation Checker Motors Corporation Clydesdale Motor Truck Company Coda2 Commonwealth Cord Case CNH Global Cycle-Scoot DeLorean Diamond-Star Duesenberg Durant Flint Locomobile Mason Rugby Star Eagle Bus Excalibur Fiberfab Fitch Four Drive Fisker Automotive Fisker Coachbuild Force Protection Ford Continental Edsel Mercury FMC2 General Motors Cartercar Elmore GM Diesel Geo LaSalle Marquette McLaughlin Oakland Oldsmobile Pontiac Saturn Scripps-Booth Sheridan Viking Yellow Coach Goshen Coach Green GreenTech Grumman Henney International Harvester Jeffery Kaiser-Frazer Allstate Frazer Henry J Kaiser Willys Local Marathon Marmon Roosevelt Marvel Matbro Mercer Monaco Coach Mosler MotoCzysz Muntz New United North American Bus Industries Oliver Farm Equipment Packard Peerless Pierce-Arrow Proterra Sebring Vanguard Stellantis Eagle Plymouth Sterling Studebaker Erskine Rockne Stutz Scion Twentieth Century United Defense VPG Visionary VL White Wildfire ZAP Zimmer
Concept and pre-production	Alpha Motor Corporation Aptera Motors Bollinger Motors Canoo Commuter Cars Elio Motors Faraday Future Fisker Inc Lordstown Motors Myers Motors Nikola Scout Motors Slate Auto Trion Supercars
Factories	Active BMW Spartanburg Chrysler (list) Ford (list) General Motors (list) Honda (list) Hyundai (Alabama) Hyundai Metaplant (Georgia) Kia Motors Manufacturing Georgia Mercedes-Benz (Alabama) Subaru (Indiana) Tesla (list) Volkswagen (Chattanooga) Defunct Chrysler (list) Ford (list) General Motors (list) Packard Volkswagen (Westmoreland)
Auto component makers and performance car modders	Allison American Expedition Vehicles Aptiv BFGoodrich BorgWarner Callaway Cars Caterpillar Cummins Brammo Detroit Diesel Eaton Firestone General Tire Goodyear Cooper Tire & Rubber Company Hennessey Ingersoll Rand Legacy Lingenfelter Nexteer Remy International Saleen Shelby American SRT Timken Uniroyal Torrington Visteon
Design studios	Calty Design Research Designworks Rezvani Automotive Designs Wheego Electric Cars
By state	Massachusetts
Related topics	AAA Chicago Auto Show Interstate Highway System List of automobiles manufactured in the United States National Highway Traffic Safety Administration New York International Auto Show North American International Auto Show SAE International
1 Non-U.S. based parent company that owns subsidiaries headquartered in U.S. 2 Company still exists but is no longer in the automotive manufacturing business "Big 3" in bold Category Portal

v t e S&P 400 companies
Energy	Antero Midstream Antero Resources Chord Energy CNX Resources DT Midstream HF Sinclair Matador Resources Murphy Oil NOV Inc. Ovintiv PBF Energy Permian Resources Range Resources TechnipFMC Valaris Limited Viper Energy Weatherford International
Materials	Alcoa AptarGroup Ashland Global Avient Axalta Cabot Corp Carpenter Technology Cleveland-Cliffs Commercial Metals Crown Holdings Eagle Materials Graphic Packaging Greif, Inc. Hecla Mining Knife River Corporation Louisiana-Pacific MP Materials NewMarket Corporation Olin Reliance Royal Gold RPM International Scotts Miracle-Gro Company Silgan Holdings Sonoco Westlake
Industrials	AAON Acuity Brands Advanced Drainage Systems AECOM AeroVironment AGCO Alaska Air Group American Airlines Group APi Group Applied Industrial Technologies ASGN Inc. ATI Inc. Avis Budget Group Booz Allen Hamilton Brink's BWX Technologies CACI International Carlisle Companies Chart Industries Clean Harbors CNH Industrial Concentrix Core & Main Crane Curtiss-Wright Donaldson Dycom Industries EnerSys ESAB EXL Service Exponent, Inc. Flowserve Fluor Fortune Brands Innovations FTI Consulting GATX Genpact Graco GXO Logistics Hexcel ITT KBR Kirby Knight-Swift Kratos Defense & Security Solutions Landstar System Lincoln Electric MasTec Maximus Inc. Middleby MSA Safety MSC Industrial Direct Mueller Industries Nextpower nVent Electric Oshkosh Owens Corning Parsons Paylocity RB Global RBC Bearings Regal Rexnord Ryder Saia Science Applications Intl Corp Sensata Technologies Simpson Manufacturing Company SPX Corporation StandardAero Sterling Infrastructure Terex Tetra Tech Timken The Toro Company TransUnion Trex UFP Industries UL Solutions Valmont Watsco Watts Water Technologies WESCO International Woodward XPO, Inc.
Consumer discretionary	Abercrombie & Fitch Aramark Autoliv AutoNation Bath & Body Works, Inc. BorgWarner Boyd Gaming Brunswick Burlington Stores Capri Holdings Cava Group Chewy Choice Hotels Churchill Downs Inc. Columbia Sportswear Crocs Dick's Sporting Goods Duolingo Dutch Bros Inc. Five Below Floor & Decor GameStop Gap Gentex Goodyear Tire & Rubber Graham Holdings Grand Canyon Education H&R Block Harley-Davidson Hilton Grand Vacations Hyatt KB Home Lear Lithia Motors Macy's Mattel Murphy USA Ollie's Bargain Outlet Penske Automotive Group Planet Fitness Polaris PVH RH Service Corp Intl Somnigroup International Taylor Morrison Texas Roadhouse Thor Industries Toll Brothers TopBuild Corp. Travel + Leisure Co. Vail Resorts Valvoline VF Corporation Visteon Whirlpool Wingstop Wyndham Hotels & Resorts Yeti Holdings
Consumer staples	Albertsons BellRing Brands BJ's Wholesale Club Boston Beer Company Casey's General Stores Celsius Holdings Coca-Cola Consolidated Coty Darling Ingredients e.l.f. Beauty Flowers Foods Ingredion Lancaster Colony Corp Maplebear Inc. Performance Food Group Pilgrim's Pride Post Holdings Sprouts Farmers Market US Foods
Health Care	Arrowhead Pharmaceuticals Avantor Bio-Rad Laboratories BioMarin Pharmaceutical Bruker Chemed Corp. Cytokinetics Dentsply Sirona Doximity Elanco Encompass Health Ensign Group Envista Holdings Exelixis Globus Medical Haemonetics Halozyme HealthEquity Hims & Hers Health Illumina Jazz Pharmaceuticals Lantheus Holdings LivaNova Masimo Medpace Neurocrine Biosciences Option Care Health Penumbra Repligen Roivant Sciences Sotera Health Tenet Healthcare United Therapeutics
Financials	Affiliated Managers Group Ally Financial American Financial Group Annaly Capital Management Associated Bank Bank OZK Brighthouse Financial The Carlyle Group CNO Financial Group Columbia Banking System Commerce Bancshares Corebridge Financial East West Bancorp Equitable Holdings Essent Group Ltd. Euronet Worldwide Evercore Federated Hermes Fidelity National Financial First American First Financial Bankshares First Horizon FirstCash Flagstar Bank FNB Corporation Frost Bank Glacier Bancorp Hamilton Lane Hancock Whitney Hanover Insurance Home BancShares Houlihan Lokey Intl Bancshares Corp Janus Henderson Jefferies Kemper Kinsale Capital Group MGIC Investment Corporation Morningstar, Inc. Old National Bank Old Republic International Pinnacle Financial Partners Primerica Prosperity Bancshares Reinsurance Group of America RenaissanceRe RLI Ryan Specialty SEI Selective Insurance Group SLM Corp Shift4 South State Bank Starwood Property Trust Stifel Texas Capital Bancshares UMB Financial Corp. United Bankshares Unum Valley Bank Voya Financial Webster Bank Western Alliance Bancorporation WEX Inc. Wintrust Zions Bancorporation
Information technology	Advanced Energy Allegro MicroSystems Amkor Technology AppFolio Arrow Electronics Avnet Belden Bentley Systems Bill Holdings Blackbaud Cirrus Logic Cognex Coherent Corp. CommVault Systems Crane NXT Dolby Docusign Dropbox Dynatrace Entegris Everpure Fabrinet Flex Ltd. Guidewire Software IPG Photonics Kyndryl Lattice Semiconductor Littelfuse Lumentum Holdings MACOM Technology Solutions Manhattan Associates MKS Instruments Novanta Nutanix Okta, Inc. Onto Innovation Pegasystems Qualys Rambus Silicon Labs Synaptics TD Synnex TTM Technologies Twilio UiPath Universal Display Vontier
Communication services	EchoStar The New York Times Company Nexstar Media Group Pinterest Warner Music Group ZoomInfo
Real estate	Agree Realty American Healthcare REIT Brixmor Property Group COPT Defense Properties Cousins Properties CubeSmart EastGroup Properties EPR Properties Equity Lifestyle Properties First Industrial Realty Trust Gaming and Leisure Properties Healthcare Realty Trust IRT Living Jones Lang LaSalle Kilroy Realty Corp Kite Realty Group Trust Lamar Advertising Company National Storage Affiliates Trust NNN Reit Omega Healthcare Investors Park Hotels & Resorts Physicians Realty Trust Rayonier Rexford Industrial Realty Sabra Health Care REIT STAG Industrial Vornado Realty Trust W. P. Carey
Utilities	Black Hills Corporation Essential Utilities Idacorp National Fuel Gas New Jersey Resources NorthWestern Corporation OGE Energy ONE Gas Ormat Technologies Portland General Electric Southwest Gas Spire Talen Energy TXNM Energy UGI Corporation

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National	United States
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