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Northrop Grumman, Oshkosh, Offer Technology Leap In JLTV Concept

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By Ann Roosevelt Northrop Grumman [NOC] and Oshkosh Truck Corp. [OSK] are offering a technology leap--diesel electric drive--for their entry into the potential $40 billion Army, Marine Corps Joint Light Tactical Vehicle (JLTV) competition. "No vehicles in the military currently have diesel electric drive," John Stoddart, executive vice president, Oshkosh Corp., and president, Oshkosh Defense, said at a briefing May 15. However, the technology is proven and scalable. For example, trains run on diesel electric, so do heavy--more than 100…

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