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Army

Oshkosh Wins Initial $6 Billion Contract To Build JLTV

Tuesday, August 25th, 2015

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Oshkosh Wins Initial $6 Billion Contract To Build JLTV

JLTV Photo:Oshkosh Defense

Oshkosh [OSK] has been awarded a $6.7 billion contract to build the Joint Light Tactical Vehicle (JLTV), which replaces large portions of the Army and Marine Corps Humvee fleets.Oshkosh’s light combat tactical all-terrain vehicle (L-ATV) beats out incumbent Humvee manufacturer AM General and a Lockheed Martin [LMT]-BAE Systems team for the enormous contract to build the first 17,000 of more than 55,000 JLTVs for the Army and Marine Corps.It is one of the few vehicle programs to weather a financially…

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]