This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Lockheed Martin Team's Joint Light Tactical Vehicle Tops 100,000 Testing Miles During EMD Phase

DALLAS, April 21, 2014 /PRNewswire/ -- The Lockheed Martin Team's [NYSE: LMT] Joint Light Tactical Vehicle (JLTV) has achieved 100,000 miles in the government's Engineering & Manufacturing Development (EMD) reliability, availability and maintainability (RAM) testing. In August 2013, Lockheed Martin delivered 22 JLTVs to the U.S. Army and Marine Corps for EMD testing, which will continue through the fall.

A Lockheed Martin Joint Light Tactical Vehicle undergoes testing at the company's Dallas test track. Lockheed Martin JLTVs have completed more than 100,000 miles of testing during the program's current development phase, and more than 250,000 total miles.

RAM testing involves a combination of primary on-road, secondary road and rigorous off-road/trail driving. Since the JLTV program began in 2007, the Lockheed Martin Team's JLTVs have compiled more than a quarter of million miles for all vehicle testing.

"Our JLTV continues to demonstrate excellent reliability," said Scott Greene, vice president of Ground Vehicles for Lockheed Martin Missiles and Fire Control. "With this 100,000-mile milestone now in our rear-view mirror, we look forward to continue proving to our Army and Marine Corps customers that our JLTV delivers the most capability at the right price."

The Lockheed Martin Team's JLTV is systems-engineered to provide the crew protection of Mine Resistant Ambush Protected (MRAP) vehicles, while returning crucial mobility, reliability and transportability to Soldiers and Marines. A patented Meritor Pro-Tec TM all-independent air-ride suspension brings unprecedented agility and off-road mobility to this class of vehicles, while the dependable Cummins turbo diesel and Allison transmission combine abundant power with exceptional fuel efficiency. Rounding out the vehicle's portfolio of capabilities are an exportable power-generation with substantial margin for future growth, and state-of-the art connectivity with other platforms.

As the only defense contractor in the JLTV competition to have won a Malcolm Baldrige National Quality Award for Manufacturing Excellence, Lockheed Martin, with support from long-time military vehicle manufacturer and partner BAE Systems, will perform final assembly of JLTV at its award-winning Camden, Ark., Operations.

For more than three decades, Lockheed Martin has applied its systems-integration expertise to a wide range of successful ground vehicles for U.S. and allied forces worldwide. The company's products include the combat-proven Multiple Launch Rocket System (MLRS) M270-series and High Mobility Artillery Rocket System (HIMARS) mobile launchers, Havoc 8x8, Common Vehicle, Light Armored Vehicle-Command and Control, Warrior Capability Sustainment Programme, JLTV and pioneering unmanned technologies such as the Squad Mission Support System (SMSS) and the Autonomous Mobility Applique System (AMAS).

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs