Oshkosh Defense misses on U.S. Army contract

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The Oshkosh Corporation missed on another military contract.

The U.S. Army has not selected Oshkosh Defense as a finalist for construction of the new Mechanized Infantry Combat Vehicle. The MICV will replace the Bradley Infantry Fighting Vehicle in the Army’s fleet.

Oshkosh was one of four semi-finalists for development of the vehicle, but did not make the cut for the final two. The overall contract is expected to be worth $45-billion with the initial contracts worth $1.6 billion.

American Rheinmetall Vehicles and General Dynamics Land Systems are the finalists according to Defense News.

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