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Oshkosh Expects Flood Of Foreign JLTV Orders Once Army Ramps Production

Friday, January 26th, 2018

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Oshkosh [OSK] continues to ramp up production of the Joint Light Tactical Vehicle (JLTV) for the Army and in anticipation of increased demand overseas, according to President and Chief Executive Wilson Jones.JLTV is currently in low-rate initial production, but a decision to enter full-rate production (FRP) is expected in early 2019, Jones said Jan. 25 during a quarterly earnings call.“We expect more JLTV orders later this year,” Jones said. “We also continue to promote the JLTV with the international community, both…

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