Oshkosh to build Joint Light Tactical Vehicle (JLTV)
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The U.S. Army’s new Joint Light Tactical Vehicle (JLTV) will be built by Oshkosh for an initial production contract worth $6.7 billion. The deal is expected to be worth closer to$30 billion in the long-term with the Pentagon looking to procure 49,099 vehicles for the Army and the Marine Corps likely to get 5,500.
Oshkosh saw off competition from a Lockheed Martin-led consortium and AM General, with all three bidders delivering 22 prototype vehicles to the Army last summer for trai...
