Valuation, page-102

http://www.jsonline.com/story/money...rth-oshkosh-corp-military-vehicles/470314001/

“Less than two years ago, Oshkosh Corp. topped defense contractors Lockheed Martin Corp. and AM General LLC in the bidding and vehicle evaluation process for the JLTV business from the Army and Marine Corps.

The Army said it planned to buy up to 50,000 of the vehicles in a deal that, if fully realized, would be worth about $30 billion.

The JLTV work in Oshkosh could last for decades, according to Loren Thompson, chief operating officer of the Lexington Institute, an Arlington, Va., policy research firm that follows the defense industry.“Even after they build the vehicles for the U.S. Army and the Marine Corps, and for U.S. allies, they will have 20 or 30 years of spare parts and service to provide to the military. So it’s a huge franchise,” Thompson said”.

Huge business for many, many years. Joint Light Tactical Vehicles alone. In collaboration with EOS.


https://www.thestreet.com/story/138...tk-m230-lf-30-mm-gun-photo-business-wire.html

Cheers