Aerospace Group:

Army

Oshkosh Wins Initial $6 Billion Contract To Build JLTV

Tuesday, August 25th, 2015

SHARE:

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

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]