Wisconsin- based Oshkosh Corp. has won a major contract to build a
new combat vehicle to replace a large share of the military’s Humvee
of Defense on Tuesday awarded the Joint Light Tactical Vehicle
contract to Oshkosh Defense. The $6.7 billion contract is expected
to support thousands of jobs.
The JLTV would
replace about 55,000 Humvees by 2040. Around 49,000 would be built
for the Army with the rest going to the Marines. It’s designed to
provide more protection against roadside bombs and mines than
Humvees without being as big as another military vehicle produced by
Oshkosh, the Mine Resistant Ambush Protected vehicle, or MRAP.
contract is a boost for Oshkosh Defense, which eliminated about 760
jobs last summer because of declining defense spending.