New Military Trucks
As the U.S. Army looks to replace a well-traveled fleet of Humvees, the DOD has awarded a $6.75 billion contract to Oshkosh Corp. The agreement calls for the Wisconsin-based manufacturer to produce 16,901 light trucks.
Losing out on the bid were Lockheed Martin and AM General, the latter of which makes Humvees. Lockheed Martin has filed an official protest of the bid, requiring the government to review the selection process. Oshkosh will most likely prevail as the winner, but production will wait until after the protest has been resolved.
The Future of Army Light Trucks
The Joint Light Tactical Vehicles to be produced by Oshkosh will generally fit the mold of the familiar Humvee — light enough for aircraft transport, strong enough to resist explosions.
Oshkosh stock had fallen 20% since the start of the year, but has rebounded aggressively following news of the massive contract, which could ultimately grow to $30 billion. The DOD retains the right to switch suppliers for future production runs.
The new JLTVs are designed to keep costs down by using common parts including GM engines and Allison transmissions. The Army, which will acquire the vast majority of the JLTVs, had set a price-slashing goal to help offset recent overspending.
We keep an eye on major government spending to observe trends in equipment purchases. At DJ Products, our approved GSA industrial tuggers can be purchased by all military and DOD outfits to haul equipment and transport vehicles around bases and hangars.
For more information on GSA industrial tuggers including motorized carts, dollies, and vehicle pushers, visit DJProducts.com or contact us today.