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Oshkosh Receives $407 Million JLTV Deal, As Army Announces Industry Day Eyeing Potential Program Adjustment

Matthew Beinart By
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Oshkosh Receives $407 Million JLTV Deal, As Army Announces Industry Day Eyeing Potential Program Adjustment
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 received a $407 million order to deliver 1,240 Joint Light Tactical Vehicles (JLTV) to the Marine Corps, Lithuania and Slovenia, with the deal arriving as the Army has detailed plans to potentially adjust the program to drive down production costs and shift funds away toward modernization. The Army will hold an industry day on Feb. 24-25 to start the effort to “competitively award the follow-on JLTV production contract,” according to a new notice.  “The Joint Program…

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