Army Increases JLTV EMD Phase Cost Target By $13 Million Per Company

By Tony Bertuca / November 18, 2011 at 3:07 PM
The Joint Light Tactical Vehicle program office today issued an update to its draft request for proposals stating that the Army and Marines are now willing to pay $65 million to each potential contractor for the vehicle's engineering and manufacturing design phase, up from the previously planned $52 million. The $13 million increase comes as leaders from across the defense industry plan to sit down for unprecedented one-on-one meetings this morning on JLTV with Army Vice Chief of Staff Gen...

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