Lockheed Martin (LMT), Oshkosh (OSK) and Humvee maker AM General win contracts worth $56M-$66M...

|About: Lockheed Martin (LMT)|By:, SA News Editor

Lockheed Martin (LMT), Oshkosh (OSK) and Humvee maker AM General win contracts worth $56M-$66M from the U.S. Army and Marines to develop prototypes to replace the iconic vehicle. Losing out were General Dynamics (GD), BAE Systems and Navistar (NAV), which said there could be an opportunity to eventually compete for a production contract in the multi-billion dollar program.