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Oshkosh Wins $30 Billion U.S. Army Contract to Build Humvee Replacement

Humvees sit at Kandahar Airfield near Kandahar, Afghanistan, on March 8, 2014
Photographer: Scott Olson/Getty Images
Updated on

Oshkosh Corp. won an initial contract Tuesday from the U.S. Army for its new Joint Light Tactical Vehicle, a $30 billion program.

The Army plans to purchase about 55,000 of the multipurpose land vehicles for its troops and the Marine Corps through 2040 as a better-armored replacement for the Humvee. The other two competitors for the contract were Lockheed Martin Corp. and AM General, the Humvee’s maker.