Oshkosh’s Latest Bid To Grow Its Military Vehicle Footprint Could Change The Industry (From Forbes)
The U.S. Army’s competition to find a successor for the Bradley fighting vehicle is attracting some heavy hitters from industry. The most unusual team is an alliance of truck-maker Oshkosh and South Korean industrial conglomerate Hanwha, offering an evolved version of Hanwha’s K21 vehicle. What makes the team unusual is that Oshkosh has never built a tracked combat vehicle and Hanwha has a very minimal footprint in the U.S. defense market. The idea they would be able to best world-class builders of tracked vehicles like BAE Systems and General Dynamics seems like a long shot. However, Oshkosh has a long history of winning vehicle competitions against companies that, at least on paper, looked more capable. Anybody who bets against Oshkosh and Hanwha could be in for a rude awakening. I have written a commentary for Forbes here.
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