The U.S. Army is seeking proposals for the production of 17, 000 Joint Light Tactical Vehicles for the Army and U.S. Marine Corps under a potential firm-fixed-price contract, Defense News reported Friday.
Joe Gould writes that Lockheed Martin (NYSE: LMT), AM General and Oshkosh Defense (NYSE: OSK) are among the companies that could submit proposals.
JLTV Project Manager Col. John Cavedo Jr. said in a statement that the Army wants the vehicle to fill a capability gap in light tactical mobility.
The award is scheduled toward the end of fiscal year 2015 for a three-year, low-rate initial production phase and a five-year, full-rate production phase to supply the Army with nearly 50, 000 total JLTVs and the Marines with 5, 500 vehicles, the report said.
Gould reports that the Army expects delivery to begin in fiscal 2018 and run through 2040 as the service aims to replace some of its legacy Humvees and bridge the gap with the Mine Resistant Ambush Protected vehicle.
The report noted that the released request for proposals is the final version following testing and evaluation of prototype vehicles and subsequent amendments to program requirements.