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JLTV Program Cost Estimate Drops By $6 Billion

JLTV Program Cost Estimate Drops By $6 Billion

The acquisition cost estimate of the Joint Light Tactical Vehicle program has dropped by nearly $6 billion, according to a Pentagon Selected Acquisition Report (SAR) released Thursday.

The program cost is down by over 19 percent from $30.6 billion to $24.7 billion due to “revised estimates” of the unit cost of vehicles and kits, the SAR reads. Breaking that down…

Source: JLTV Program Cost Estimate Drops By $6 Billion