Joint Light Tactical Vehicle
The Army planned to select a single vendor by 2015, with the first Army brigade being equipped with JLTVs by 2018. On August 25, 2015, it was announced the Army had awarded Oshkosh a $6.7 billion low rate initial production (LRIP) contract with eight options to procure the initial 16,901 vehicles for the Army and Marines. The JLTV is being produced in Oshkosh, WI.
Per-vehicle costs for the JLTV begin at $250,000 and are likely to climb, as Lockheed-Martin secured a preliminary contract for engineering, design, and development.