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Army

Post JLTV, World Wheeled Vehicle Market Looks Slim

Dan Parsons By
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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…

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