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Army

Oshkosh Ordered To Halt JLTV Work Pending Lockheed Martin’s Protest

Thursday, September 10th, 2015

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Oshkosh Ordered To Halt JLTV Work Pending Lockheed Martin’s Protest

JLTV Photo: Oshkosh Defense

The Pentagon on Wednesday ordered Oshkosh [OSK] to cease work on the Joint Light Tactical Vehicle (JLTV), pending a protest by losing competitor Lockheed Martin [LMT].Oshkosh on Aug. 24 won an initial $6.7 billion contract for low-rate initial production of the JLTV, besting incumbent Humvee manufacturer AM General and Lockheed Martin. The full program for more than 55,000 trucks is worth an estimated $30 billion.Oshkosh’s light combat tactical all-terrain vehicle (L-ATV) beats out incumbent Humvee manufacturer AM General and a Lockheed Martin-BAE…

Congress

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Congress

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Congress

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