Team Infidel
Forum Spin Doctor
Bloomberg.com
October 1, 2008
By Edmond Lococo and Tony Capaccio, Bloomberg News
The U.S. Army's plan to replace Humvee transports used in Iraq with a new truck called the Joint Light Tactical Vehicle may receive funding from allies including Australia, the U.K., Israel and Canada.
The U.S. has a draft agreement with Australia on its intent to fund prototypes during technology development, and similar pacts with the other three allies are ``in process,'' according to a 57-page package of briefing materials for the Army's proposed budget for 2010-2015. The proposal, which hasn't been approved by the Pentagon, was obtained by Bloomberg News.
The Army proposes spending about $1.6 billion on the JLTV from 2010 to 2015, including about $315 million for research and development, with the rest going to purchase 1,385 vehicles and 755 trailers, the document shows. Purchases would start in 2013 with an allocation of $158 million for the first 127 trucks. The Army and Marine Corps are jointly buying the vehicles, and plan to give development awards to three suppliers this year.
At least seven teams have announced plans to bid for the JLTV program. The teams include Lockheed Martin Corp.; General Dynamics Corp. paired with Humvee builder AM General; BAE Systems Plc, producer of the Bradley Fighting Vehicle, joined by Navistar International Corp.; Northrop Grumman Corp. and Oshkosh Corp.; Raytheon Co. and Blackwater Worldwide; Boeing Co. and Textron Inc.; and Force Protection Inc. and DRS Technologies, Inc.
October 1, 2008
By Edmond Lococo and Tony Capaccio, Bloomberg News
The U.S. Army's plan to replace Humvee transports used in Iraq with a new truck called the Joint Light Tactical Vehicle may receive funding from allies including Australia, the U.K., Israel and Canada.
The U.S. has a draft agreement with Australia on its intent to fund prototypes during technology development, and similar pacts with the other three allies are ``in process,'' according to a 57-page package of briefing materials for the Army's proposed budget for 2010-2015. The proposal, which hasn't been approved by the Pentagon, was obtained by Bloomberg News.
The Army proposes spending about $1.6 billion on the JLTV from 2010 to 2015, including about $315 million for research and development, with the rest going to purchase 1,385 vehicles and 755 trailers, the document shows. Purchases would start in 2013 with an allocation of $158 million for the first 127 trucks. The Army and Marine Corps are jointly buying the vehicles, and plan to give development awards to three suppliers this year.
At least seven teams have announced plans to bid for the JLTV program. The teams include Lockheed Martin Corp.; General Dynamics Corp. paired with Humvee builder AM General; BAE Systems Plc, producer of the Bradley Fighting Vehicle, joined by Navistar International Corp.; Northrop Grumman Corp. and Oshkosh Corp.; Raytheon Co. and Blackwater Worldwide; Boeing Co. and Textron Inc.; and Force Protection Inc. and DRS Technologies, Inc.