The service is already slowing production of Oshkosh’s Joint Light Tactical Vehicle and now wants to find an alternative manufacturer —which could create logistical or legal headaches. Other Oshkosh programs are also ramping down.
By Sydney J. Freedberg Jr.HUNTSVILLE, ALA.: The Army keeps putting more powerful lasers on smaller vehicles. Battlefield lasers in testing today can shoot down snooping quadcopters and other small drones. By the early 2020s, however vehicles mobile enough to keep up with combat brigades – Strykers and FMTV trucks – will have power in the 50 to 100 kilowatt…
By Sydney J. Freedberg Jr.Three very different teams are contending to build the Humvee’s replacement, the Joint Light Tactical Vehicle. Breaking Defense weighs their strengths and weaknesses. Last week, the Army and Marines slashed a crowded field of competitors in half, awarding contracts for “engineering and manufacturing development” of JLTV prototypes to aerospace giant Lockheed Martin, truck maker Oshkosh,…
By Sydney J. Freedberg Jr.
Reaping the Benefits of a Global Defense Industry
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…
By Steven Grundman