OSK - Here's Who Will Compete to Build the Army's First Robotank
The U.S. Army is investing in robot tanks, launching a competition to design and build an uncrewed battle vehicle.
The project is more focused on research and development than it is on massive deployment, and we are a long way from seeing a robot battalion marching into battle. But as the world moves increasingly toward automation and artificial intelligence, the contractors involved now could be laying the foundation for significant future roles -- and revenue.
The U.S. Army, via the National Advanced Mobility Consortium of industry and academic researchers, has selected four industry teams to battle in the Light Robotic Combat Vehicle competition. The contenders include two large U.S. publicly traded companies, Textron (NYSE: TXT) and Oshkosh (NYSE: OSK), as well as submissions from British robotics firm QinetiQ and privately held HDT Global.