Category Archives: industry news

Although Lockheed Martin has firm support for an $87 million financing package from the state of Arkansas, a Washington, D.C.-based defense budget expert said there is no reason to believe that the Bethesda, Md.-based defense contractor has an advantage over … Continue reading →

May. 6, 2015 9:19 AM ET  |  EML Summary Eastern Company sheds light on its role in the massive Joint Light Tactical Vehicle program proposed by the U.S. Army and Marine Corps. The JLTV program may continue for over 20 years. U.S. … Continue reading →

ARLINGTON, Va., Dec. 24 (UPI) — The U.S. Army has selected BAE Systems for its program to produce a replacement vehicle for Vietnam War-era M113 armored personnel carriers. Under an award worth as much as $1.2 billion, BAE Systems is … Continue reading →

By David Vergun, ARNEWS Full-pace, full-scope testing of the Joint Light Tactical Vehicle (JLTV) prototypes began Sept. 3 and will last for 14 months. Three prototypes vying to be the U.S. military’s Joint Light Tactical Vehicle are undergoing testing. One … Continue reading →

SEALY, TX (KTRK) — After seeing expensive military trucks at a Sealy scrap yard, Eyewitness News and US Senator Ted Cruz are asking the same question: What will become of the $300 million worth of military trucks sitting outside a … Continue reading →

DALLAS, Dec. 11, 2013 /PRNewswire/ — The Lockheed Martin [NYSE: LMT] Joint Light Tactical Vehicle (JLTV) team successfully completed the government’s Manufacturing Readiness Assessment (MRA), an important milestone on the path to vehicle production at the company’s Camden, Ark., manufacturing … Continue reading →

Two of the three vehicles in the Army’s “Ultra Light Vehicle” program have now entered survivability testing in Nevada and Maryland to evaluate both their blast and ballistic protection capability. The third vehicle remains at the Army’s Tank Automotive Research, … Continue reading →

In the past year the U.S. Department of Defense has spent more than $20 billion on energy and has consumed over five billion gallons of oil according to an article released by the Solar Energy Industries Association (SEIA) (1). The … Continue reading →