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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

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]