UPDATE 2-Lockheed, BAE, GD to vie for Humvee replacement

Newswire

(Adds Army statement, analysis, background, byline) By Jim Wolf WASHINGTON, Oct 29 (Reuters) - The Pentagon tapped teams led by Lockheed Martin Corp , General Dynamics Corp and BAE Systems Plc for the first stage of a potential $40 billion competition to replace the workhorse Humvee vehicle used by U.S. forces in Iraq and elsewhere. The trio were awarded 27-month technology development contracts to build and test prototypes of the Joint Light Tactical Vehicle, or JLTV, a family of ...

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