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Army

Post JLTV, World Wheeled Vehicle Market Looks Slim

Tuesday, September 1st, 2015

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Post JLTV, World Wheeled Vehicle Market Looks Slim

Oshkosh JLTV

With the Joint Light Tactical Vehicle (JLTV) program to replace the Army and Marine Corps’ Humvee fleets decided, truck manufacturers are looking overseas for potential customers.Those companies, like Lockheed Martin [LMT], AM General, BAE Systems and others will find it difficult to market purpose-built vehicles to diverse countries that are set to award fewer contracts for fewer vehicle programs, David Hiley, associate principal of U.K.-based Renaissance Strategic Advisors, said last week. The number and range of platforms on offer has…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]