Oshkosh Will Replace Army's Humvees After Winning $30B Contract - International Business Times
Oshkosh Defense won a major initial contract from the U. S. Army on Tuesday to build a new fleet of armored vehicles that will soon replace the Humvee, the Washington Post reported. Under the contract, which could eventually be worth up to $30 billion, Oshkosh is set to build roughly 50,000 Joint Light Tactical Vehicles for the Army and about 5,500 for the Marine Corps through 2040. The initial contract including its options... Oshkosh is ranked as the 99th-largest U. S. government contractor as of fiscal 2014 while Lockheed was ranked as No. 1, according to data compiled by Bloomberg. “Oshkosh has been building tactical vehicles for the Department of Defense for 90 years, so no other company understands the role that tactical vehicles play in our troops’ lives better than Oshkosh,” said Charles Szews, the company’s chief... The Joint Light Tactical Vehicle is designed to have the protective armor of a tank but be more mobile and light, similar to a Jeep. Source: www.ibtimes.com
