JLTV

Senate side of the capitol

WASHINGTON: The hearing season is roaring ahead at full tilt, with senior officials at five defense hearings on Wednesday. Here’s our preview of some of the likely topics and issues. The most interesting to Breaking Defense readers probably will be the unique pairing of the four Army and Air Force leaders before the full Senate… Keep reading →

Army Secretary John McHugh

WASHINGTON: The top question on defense lawmakers’ minds right now is: “Can we trust you with the people’s money?” And no large military organization has a worse record in that respect than the US Army, with its unhappy track record of canceled programs and wasted billions dating to before 9/11. It’s such a sensitive and high-stakes question that, when I started to ask Army… Keep reading →

abrams-tank-teetering-1337297377

PENTAGON: After years of cuts and cancelled programs, tanks and other armored vehicles are beginning a comeback. In contrast to other investments in the 2016 budget request released today, the ground vehicle increases have so much congressional backing — and involve such relatively small amounts — that they’re actually likely to happen. Four tracked vehicle… Keep reading →

AM General's JLTV design

The race to replace the iconic Humvee has entered its final stretch. Today, the Army gave competing contractors AM General, Oshkosh, and Lockheed Martin the final Request For Proposal for production of the Joint Light Tactical Vehicle. The competitors have until February 5 to ask the government questions and must submit their proposals by Feb.… Keep reading →

Oshkosh's offering for JLTV

[UPDATED with Pentagon confirmation] The better-protected, more-mobile replacement for the Humvee took a big step forward this month, when all three competitors’ vehicles completed a crucial series of military tests. All three have also completed a government Production Readiness Review to certify their ability to mass-produce their vehicle. Next comes the final Request For Proposals (RFP) for… Keep reading →

Lockheed Martin's prototype JLTV

[CORRECTED data on competitor Oshkosh] LOCKHEED MARTIN “LIGHTHOUSE,” SUFFOLK, VA: “We’re in a really tough competition…a knife fight in [a] phone booth,” said Tom Kelly, who runs Lockheed Martin’s government relations for the Joint Light Tactical Vehicle program. In the defense contracting world writ large, Lockheed is the 800-pound gorilla. In the three-way competition to replace… Keep reading →

Reaping the Benefits of a Global Defense Industry

Steve Grundman

After three years of the “age of austerity” in Western military spending, investors’ imperatives and corporate strategies show one indication of how the defense-industrial base will evolve over the next decade. Investors want public companies that demonstrate an attractive risk-adjusted total return, not just M&A-fueled arbitrage plays. In response, companies are husbanding or harvesting their financial… Keep reading →

A US soldier sits on the top of M109A6 P

Sometimes dark clouds really do have silver linings. The winding down of two wars and the automatic spending cuts called sequestration have been brutal for the Army budget. The service recently had to cancel its top-priority weapons program, the tank-like Ground Combat Vehicle. But even if sequestration continues, said one leading analyst, ground vehicle spending… Keep reading →

Lockheed Martin's prototype JLTV

AUSA: A recently retired general officer summed up the mood among many Army officers and defense industry officials here yesterday: “This is the worst, most depressing situation I’ve seen in 34 years of service.” The Joint Light Tactical Vehicle program is just one indicator in that depressing scenario facing the Army. The service still plans… Keep reading →

WASHINGTON: As the government hurtles towards the latest fiscal cliff, March 1st, the Marine Corps‘ deputy commandant for resources outlined a host of painful potential consequences, from reduced rifle training to cancelled deployments to grounded fighter squadrons. Lt. Gen. John Wissler appealed to Congress for so-called reprogramming authority that would at least let the Marines move around the money they do have to mitigate the worst effects.

[Click here to read about the readiness problems for the Army, Air Force, and Navy]

“Our money’s just in the wrong places in some instances,” Wissler told reporters after his speech this morning to the Navy League. But they can’t move it without explicit permission from Congress, he explained: “What we would need is to move things between appropriations, and they would need to help us there.” Keep reading →

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