The Army has placed a $543 million order to Oshkosh Defense for the fielding of Joint Light Tactical Vehicles, the company has announced. The contract includes JLTVs for the Army, Air Force, Navy and Marine Corps.
Oshkosh won the initial JLTV contract in 2015 and has produced more than 18,500 vehicles since, according to a press release. It has fielded vehicles to more than 50 military installations in the United States and overseas.
The recent order, awarded Thursday, has an estimated completion date of July 31, 2024, according to a Defense Department notice.
Oshkosh is also competing for a follow-on production contract for the JLTV that will be announced early next year, company Vice President and General Manager of Joint Programs George Mansfield said in a statement.
“Oshkosh has spent the past eight years optimizing its manufacturing and design processes and building a robust supply chain with maximized efficiencies,” he said.
As of November 2021, the Army estimated that the JLTV follow-on contract would be worth $6.5 billion over 10 years.