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BAE Systems’ FMTV Loss Could Cost Houston Region Nearly $2 Billion Annually, TF Says

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By Ann Roosevelt The Greater Houston Partnership finds BAE Systems' loss of the contract for the Army Family of Medium Tactical Vehicles (FMTV) could cost the region $1.8 billion annually if not reversed. BAE Systems is protesting the Army's award of the FMTV competitive rebuy contract to Oshkosh Corp. [OSK], and expects a decision from the Government Accountability Office by Dec. 14. BAE produces the vehicles in Sealy, Texas. "The total impact to our economy is huge," Jeff Moseley, president…

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