Oshkosh receives more than $100.1M for JLTVs

Oshkosh Defense was awarded a modified contract from the U.S. Army for the procurement of 258 joint light tactical vehicles and 1,727 kits.

The Department of Defense announced the terms of the deal in a release Wednesday. The modified contract is worth more than $100.1 million.

The joint light tactical vehicle is primarily used by the Navy, the U.S. Army and U.S. Special Operations Command. The U.S. military has been replacing its fleet of hummers with Oshkosh vehicles to include their Family of Medium Tactical Vehicles, which is a series of armored tactical cargo trucks of different variants.

Oshkosh was given an initial award from the U.S. Military in 2015 to produce more than 16,000 joint light tactical vehicles.

In November, the Wisconsin-based company was awarded a contract for various motor vehicle parts and accessories for use by the U.S. Marine Corps in a contract worth more than $71.1 million just two months after receiving an additional $466.8 million award on an existing contract for the U.S. Army.

Work on Wednesday's contract will occur in Oshkosh, Wisc., and is expect to be completed by May 2019, according to the Pentagon press release.

Oshkosh will receive more than $100.1 million, appropriated from fiscal 2017 and 2018 U.S. Army other procurement funds, coupled with funds from the U.S. Marine Corps and the Office of Chief Army Reserves.

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