Oshkosh Corp. Remains Optimistic About JLTV Future

Oshkosh Corp. Remains Optimistic About JLTV Future

Oshkosh Corp. officials remain optimistic about the future of the company’s Humvee-replacement vehicle in the face of budget cuts and some negative early reviews.

The Trump administration announced in March that the Army is cutting its 2020 order for the company’s Joint Light Tactical Vehicle, or JLTV, by 505 vehicles, a nearly 17 percent decline from previous projections.

Trump officials have given mixed signals about the long-range outlook for the program. As Oshkosh CEO Wilson R. Jones pointed out, “the Army has not reduced its acquisition objective,” which “is still 49,000 vehicles” over several years. He said next year’s drop in funding is just a matter of pushing purchases into future years.

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