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JLTV Timing Scuttles Potential Ford Proposal

Cal Biesecker By
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Ford Motor Co. [F] and its team of Raytheon [RTN] and Future Force have decided not to bid for the Army-Marine Joint Light Tactical Vehicle (JLTV). “Ford has a long history of working with the U.S. government, and we continue to look at new ideas and projects,” said Michael Levine, a Ford spokesman. "Ford, Raytheon and Future Force--the three organizations that were asked to work together on a proposal--have reviewed the Request for Proposals (RFP) for the JLTV program and…

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