The material is called SMC, Sheet Molding Compound. It is a resin impregnated fiberglass or carbon fiber reinforced material that comes on rolls. A "charge pattern" is cut, and placed inside a mold in a large press. The press closes down, on a HMMV hood it would probably take a 750 ton press or so. The press dies are heated to 240 degrees or so to cure the resin. About 3/4 of the way through the process, the press opens up about 1/4" or so and a shot of IMC, In Mold Coating, is injected into the die and the die closes back up. The IMC spreads over the entire hood and gives it a smoother finish than normal fiberglass.
This process is used to make personal watercraft hulls and decks (Jet Ski's), Bonnets for semi trucks, and Corvette parts.
I spent 9 years at Yamaha Manufacturing in Ga. I watched many a hull come out of the press in the plastics area.