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Army

AM General, Lockheed Martin, Oshkosh Prevail on JLTV

Cal Biesecker By
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The Army last night awarded AM General, Lockheed Martin [LMT] and Oshkosh (OSK) contracts totaling about $185 million for the engineering and manufacturing development (EMD) phase of its planned family of Joint Light Tactical Vehicle (JLTV).  Three other competitors were dropped: Navistar [NAV], General Tactical Vehicle (GTV) a joint venture between General Dynamics [GD] and AM General and a team led by BAE Systems. “In developing the requirements for this new vehicle, we collaborated closely with the Marine Corps and…

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