OSHKOSH, WI (WTAQ) – The head of the Oshkosh Corporation says the U.S. military might not be the only customer for its new grade of light tactical vehicles.
Charles Szews says his firm will start marketing the product to our allies — and there could be a significant demand.
On Tuesday, Oshkosh beat out three others to win a $6.7 billion contract for an initial run of 17,000 Joint Light Tactical Vehicles that will replace the basic Humvee.
The Army eventually expects to buy 50,000 vehicles, and the Marines plan to get 5,500. The Oshkosh contract could eventually stretch to $30 billion, the highest in the history of the long-time military vehicle maker.
The deal guarantees up to a quarter-century of work for thousands of Oshkosh employees and related parts’ suppliers.
Oshkosh showed off a prototype of the new product to local officials Wednesday.
(Story courtesy of Wheeler News Service)
