JLTV Cost Pegged At $400,000 In Program's First Acquisition Report

By Sebastian Sprenger / May 30, 2013 at 4:48 PM
The Defense Department has reported to Congress a per-unit cost of roughly $400,000 for the Joint Light Tactical Vehicle program, providing for the first time a figure for the added costs the Army expects on top of what service leaders have touted as a $250,000 vehicle. A detailed Selected Acquisition Report for the program , sent to Congress last week, states that the total development and acquisition cost is expected to reach almost $23 billion in 2012 dollars. Given a...

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