Famous local armored-vehicle maker Force Protection was passed up by the Pentagon to design an armored replacement vehicle for the Humvee in war zones.
The Army wants a more durable, protected vehicle for routine use in places like Iraq and Afghanistan. The final contract could be worth $40 billion, and the design contracts alone were coming in around $40 million each.
But, it's less-than great news for Force Protection, who's had some troubles of late.
In related news: NBC News 2 has something about Force Protection unveiling a new prototype for an armored but lighter-weight vehicle today. They also have a video of one Marine telling a first hand account about the vehicles.