Military vehicle and mobility system manufacturer Oshkosh Defense has achieved a new Joint Light Tactical Vehicle (JLTV) production milestone.
The company achieved the milestone recently by producing the 10,000th unit of the light combat tactical vehicle.
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In August 2015, Oshkosh Defense received a $6.7bn contract from the US Army Tank-Automotive and Armaments Command (TACOM) Life Cycle Management Command (LCMC) to manufacture the JLTV.
According to the company, it has developed a dependable supply chain and optimised manufacturing processes in the last five years to deliver JLTVs at a contractual price substantially lower than the government cost estimate.
Oshkosh Defense Joint Programs vice-president and general manager George Mansfield said: “This milestone is a true testament to the pride and dedication that our team members have in the JLTV programme, which has become a central piece of the US military’s ground force.
“Producing the 10,000th JLTV in under five years is further evidence of our ability to meet the demands of our domestic and international customers by providing the world’s most capable light tactical vehicle at a great price. We’re excited to continue working with our military customer to further refine and expand the platform.”
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By GlobalDataTo date, Oshkosh Defense has secured orders for 18,126 JLTVs with a combined contract value of more than $6bn.
It includes a $911m contract awarded by the US Army Contracting Command, Detroit Arsenal in December last year for 2,738 vehicles.
Last month, Oshkosh completed the acquisition of Pratt Miller for a cash-free, debt-free purchase price of $115m.
