July 1 (UPI) -- The U.S. Army Contracting Command awarded Oshkosh Defence a $152 million contract for the Joint Light Tactical Wheeled Vehicles, trailers and associated kits, the Department of Defense announced.
"We've spent over 10 years developing our vehicle, followed by nearly six years of manufacturing the vehicle in both low rate and full-rate production," George Mansfield, vice president and general manager of Oshkosh Defense's Joint Programs, said Thursday in a press release.
"We had a busy spring and the momentum surrounding the platform continues to grow," Mansfield said.
The company has refined its manufacturing process, and matured its supply chain, which he said puts Oshkosh in position to produce the vehicles far into the future.
Mansfield said the company has "no plans to stop building the JLTV anytime soon."
The U.S. Army recently increased the company's option ceiling from 18,170 to 23,163 JLTVs.
In February, Oshkosh produced its 10,000th JLTV -- more than half its orders for the vehicle -- and said that it expects the vehicle to become a central piece of the U.S. military's ground force since both the Army and Marine Corps are adopting the vehicle.
To date, Oshkosh has also fulfilled orders from Britain, Belgium, Montenegro and Brazil.