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JLTV Program Feels Effects Of Sequester But On Track For Award

JLTV Program Feels Effects Of Sequester But On Track For Award

The Army and Marine Corps’ light tactical vehicle program is feeling the effects of the automatic budget cuts but military officials are confident the problem can be managed and the fiscal 2015 timeframe for awarding the production contract remains in place. Lockheed Martin [LMT], AM General and Oshkosh [OSK] are currently competing for the contract for the Joint Light Tactical Vehicle (JLTV) program and are providing the vehicles to the Army and Marines under the engineering and manufacturing development (EMD)…

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