DRS Sustainment Systems Inc., a business unit of DRS Technologies, Inc. (NYSE: DRS: 57.51, +0.82, +1.44%), and Force Protection, Inc. (NASDAQ: FRPT: 4.77, -0.06, -1.24%) announced today they will team to compete for the U.S. Department of Defense's Joint Light Tactical Vehicle (JLTV) Program.Is this a sign that the Cheetah has been tried and found wanting? Or simply a formality recognizing the need to update the Cheetah in response to the potential achievement of other JLTV entries?
(Fox Business)
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