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Oshkosh Defense Receives $368.9 Million In JLTV Orders As Contract Nears End

Matthew Beinart By
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Oshkosh Defense Receives $368.9 Million In JLTV Orders As Contract Nears End
A Joint Light Tactical Vehicle displays its overall capabilities during a live demonstration at the School of Infantry West, Marine Corps Base Camp Pendleton, California, Feb. 27, 2019. The JLTV consists of multiple platforms capable of completing a variety of missions while providing increased protection and mobility for personnel across the Marine Corps. (Official Marine Corps video by Sgt. Timothy R. Smithers/Released)

Oshkosh Defense [OSK] has recently received $368.9 million in new orders for Joint Light Tactical Vehicles (JLTV), as it nears the end of its manufacturing contract for the program and with AM General set to take over building the vehicles.  The company was awarded a $208.9 million order in early November covering JLTVs for the Army, Marine Corps and Air Force and a $160.9 million deal on Nov. 16, which includes vehicles for foreign military sale customers. “We spent the…

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