IDF Allocates Millions for Continued Procurement of JLTV Light Tactical Vehicles
Oshkosh Defense stated that in addition to the previous purchase of 75 vehicles, it received an order from the IMOD for the purchase of dozens more JLTV vehicles
Eyal Boguslavsky
|
04/12/2023
Photo credit: Oshkosh Defense website
Following on a report from two weeks ago that the Israeli Ministry of Defense (IMOD) purchased for the IDF 75 JLTV light tactical vehicles manufactured by American company Oshkosh Defense, it appears from a statement issued by the American company that it received a second order from IMOD to purchase dozens of additional vehicles of this model for IDF.
The company submits that the first 75 vehicles were ordered through the US State Department's Foreign Military Sale (FMS) program. In contrast, the second order for dozens of additional vehicles was made through the US Department of Defense's Direct Commercial Sale (DCS) program.
"Bloomberg" website stated at the time that the transaction value of the first 75 vehicles was about 30 million dollars, based on a price of about $400,000 for a single vehicle. Now, Shepard Media estimates that based upon the average unit cost of a JLTV procured by the US Army in FY2022, listed the cost of a vehicle at $277,000, the value of the first order is more than $21 million. In any case, the cumulative value of the two orders is tens of millions of dollars.
November was a good month for Oshkosh Defense. The company received a $209 million order for JLTVs, trailers, and associated packaged and installed kits for the US Army, USMC, and USAF. The army contract was followed up by $160 million order for Mongolia, Romania, North Macedonia, Slovenia, and Slovakia.
Oshkosh Defense stated that in addition to the previous purchase of 75 vehicles, it received an order from the IMOD for the purchase of dozens more JLTV vehicles
Photo credit: Oshkosh Defense website
Following on a report from two weeks ago that the Israeli Ministry of Defense (IMOD) purchased for the IDF 75 JLTV light tactical vehicles manufactured by American company Oshkosh Defense, it appears from a statement issued by the American company that it received a second order from IMOD to purchase dozens of additional vehicles of this model for IDF.
The company submits that the first 75 vehicles were ordered through the US State Department's Foreign Military Sale (FMS) program. In contrast, the second order for dozens of additional vehicles was made through the US Department of Defense's Direct Commercial Sale (DCS) program.
"Bloomberg" website stated at the time that the transaction value of the first 75 vehicles was about 30 million dollars, based on a price of about $400,000 for a single vehicle. Now, Shepard Media estimates that based upon the average unit cost of a JLTV procured by the US Army in FY2022, listed the cost of a vehicle at $277,000, the value of the first order is more than $21 million. In any case, the cumulative value of the two orders is tens of millions of dollars.
November was a good month for Oshkosh Defense. The company received a $209 million order for JLTVs, trailers, and associated packaged and installed kits for the US Army, USMC, and USAF. The army contract was followed up by $160 million order for Mongolia, Romania, North Macedonia, Slovenia, and Slovakia.
