U.S. Army Lifts Stop Work Order on $6.7 Billion JLTV Production
Contract
OSHKOSH, Wis.--(BUSINESS WIRE)--
The U.S. Army Tank-automotive and Armaments Command (TACOM) Life Cycle
Management Command (LCMC) has directed Oshkosh Defense, LLC, an Oshkosh
Corporation (NYSE: OSK) company, to resume work on the Joint
Light Tactical Vehicle (JLTV) production contract. The JLTV program
fills a critical capability gap for the U.S. Army and Marine Corps by
replacing a large portion of the legacy HMMWV fleet with a light vehicle
that provides unprecedented protection, off-road mobility and
transportability.
“We are pleased that the JLTV production contract, awarded to Oshkosh in
August, is now moving forward to deliver the world’s most capable light
tactical vehicle,” said U.S. Army Major General (Retired) John M. Urias,
executive vice president of Oshkosh Corporation and president of Oshkosh
Defense. “Our JLTV is designed to safely transport Soldiers and Marines
as they perform their missions ‘outside the wire’ – providing
unprecedented off-road speed and mobility on future battlefields that
could be virtually anywhere in the world.”
The U.S. Government Accountability Office (GAO) dismissed Lockheed
Martin’s protest earlier today based on Lockheed’s notice that it
intends to file a protest in the U.S. Court of Federal Claims. Shortly
thereafter, the U.S. Army lifted the stop work order and instructed
Oshkosh to resume performance of the JLTV contract. According to the
JLTV production contract, Oshkosh will begin delivering vehicles within
the next 10 months, reaching an expected total volume of nearly 17,000
vehicles, as well as kits and sustainment services over an eight-year
period.
“The Army conducted a thorough, methodical procurement including
exhaustive testing and evaluation to ensure our troops get the best
vehicle,” said Urias. “The Oshkosh team and our employees will
immediately resume work to deliver JLTVs to our Soldiers and Marines.
“The JLTV program fills a critical gap in the U.S. military’s current
tactical vehicle line-up,” said Urias. “The Oshkosh JLTV will give our
troops new levels of payload, performance and protection in a platform
that was engineered to evolve as new technologies emerge and our
adversaries’ tactics change.”
In designing its JLTV, Oshkosh leveraged its extensive experience
producing and sustaining more than 150,000 heavy, medium and protected
MRAP vehicles for the U.S. and its allies. The JLTV Family of Vehicles
is comprised of two seat and four seat variants, as well as a companion
trailer (JLTV-T). The two seat variant has one base vehicle platform,
the Utility (JLTV-UTL). The four seat variant has two base vehicle
platforms, the General Purpose (JLTV-GP) and the Close Combat Weapons
Carrier (JLTV-CCWC).
About Oshkosh Defense
Oshkosh Defense is a leading provider of tactical wheeled vehicles and
life cycle sustainment services. For decades Oshkosh has been mobilizing
military and security forces around the globe by offering a full
portfolio of heavy, medium, light and highly protected military vehicles
to support our customers’ missions. In addition, Oshkosh offers advanced
technologies and vehicle components such as TAK-4® independent
suspension systems, TerraMax® unmanned ground vehicle solutions, Command
Zone™ integrated control and diagnostics system, and ProPulse® diesel
electric and on-board vehicle power solutions, to provide our customers
with a technical edge as they fulfill their missions. Every Oshkosh
vehicle is backed by a team of defense industry experts and complete
range of sustainment and training services to optimize fleet readiness
and performance. Oshkosh Defense, LLC is an Oshkosh Corporation company
[NYSE: OSK].
To learn more about Oshkosh Defense, please visit us at www.oshkoshdefense.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of
a broad range of access equipment, commercial, fire & emergency,
military and specialty vehicles and vehicle bodies. Oshkosh Corporation
manufactures, distributes and services products under the brands of
Oshkosh®, JLG®, Pierce®, McNeilus®,
Jerr-Dan®, Frontline™, CON-E-CO®, London®
and IMT®. Oshkosh products are valued worldwide by rental
companies, concrete placement and refuse collection businesses, fire &
emergency departments, municipal and airport services and defense
forces, where high quality, superior performance, rugged reliability and
long-term value are paramount. For more information, please visit www.oshkoshcorporation.com.
®, TM All brand names referred to in this news release are
trademarks of Oshkosh Corporation or its subsidiary companies.
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access equipment, commercial and fire & emergency markets, which are
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Department of Defense (“DoD”) and international defense customer
procurement of products and services and funding thereof; risks related
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pressures, sequestration and an uncertain DoD tactical wheeled vehicle
strategy; risks related to the Company’s future defense segment sales as
a result of the outcome of a competitor’s protest of the JLTV production
contract award to the Company; the Company’s ability to finalize an
international contract for a significant quantity of M-ATVs, with the
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government contractors; cybersecurity risks and costs of defending
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strategic road map and meet its long-term financial goals. Additional
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Source: Oshkosh Corporation