Lockheed Martin Wins $65 Million Contract To Develop JLTV

The U.S Army and Marine Corps have awarded a $65 million contract to Lockheed Martin to continue developing the Joint light tactical vehicle through engineering and manufacturing development phase. The enhanced JLTV maintains the proven force protection, mobility, transportability and reliability of the earlier Technology Demonstration (TD) model. JLTV design reflects improvements from more than 160,000 combined testing miles. The U.S army has stipulated that per truck price as $250,000. The contract includes the supply of the utility carrier and shelter (JLTV-UTL) and (JLTV-GP), ammunition and small supplies and delivery of the 22 vehicles will take place by 12 to 14 months. Col. David Bassett, project manager at the JLTV Joint Program Office, said, "We are extremely pleased to announce the selection of the Lockheed Martin JLTV design as one of three mature vehicles selected to enter the Engineering and Manufacturing Development Phase of the JLTV Program”.