Three awards were made for the Engineering and Manufacturing Development (EMD) phase of the Joint Light Tactical Vehicle (JLTV) program. The value of these awards include both the base contract effort (capped at $65M) and an evaluated, unexercised Level of Effort (LOE) option price. AM General, LLC, South Bend, IN, $64,511,108 (W56HZV-12-C-0258), Lockheed Martin Corporation, Grand Prairie, TX, $66,319,507 (W56HZV-12-C-0262), and Oshkosh Corporation, Oshkosh, WI, $56,402,286 (W56HZV-12-C-0264). These awards are incrementally funded, firm-fixed price contracts for the 27 month EMD effort. The full and open competition solicitation that was issued on 26 January 2012 utilized a best value tradeoff source selection process. Approximately $99.5M was obligated for the three contractors by this action, with initial funding of approximately $28M -$36M for each contractor. The balance of the funding, up to full base contract amount, will be provided in FY 13 and FY 14.