22 Aug '13, 10pm

Special Ops Command Announces $560M Award for Critical New Vehicle

Special Ops Command Announces $560M Award for Critical New Vehicle

In one of the dwindling number of domestic new build ground vehicle contracts available to the US defense industry, the US Special Operations Command today awarded General Dynamics Ordnance and Tactical Systems a contract worth at least $562 million its Ground Mobility Vehicle 1.1 (GMV) program. The special ops command has said that it wants to buy 1,297 GMVs to replace the current 1,072 Humvee-based GMVs it has in its inventory. Defense News reported back in May that SOCOM had already planned to spend about $24 million on the program in fiscal 2014 for the first 101 vehicles, at a price tag of at $245,000 per vehicle. Barring any protests, the loss will come as a bitter pill for current GMV-maker AM General and Navistar International, companies who are looking for more business at a time when the buys of Humvees and MRAPs have ended. Oshkosh Defense was eliminated from th...

Full article: http://www.defensenews.com/article/20130822/DEFREG02/3082...

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