One of Indiana's biggest military contractors has lost out on a big defense contract.
The Department of Defense was deciding between the South Bend-based company AM General and two other businesses for a contract that would replace about 55,000 Humvees over the next 25 years.
The contract, which was worth about $6.7 billion, will instead be given to a Wisconsin company.
Indiana's total defense industry has declined by about $6 billion since 2008, largely because of a drop in contracts for AM General, as well as national defense cutbacks.
AM General has landed some major contracts this year, though.
The company was selected for a $373 million multi-year deal to build vehicles for foreign militaries.
AM General will also be moving some of its production of the Mercedes-Benz R-Class to their Mishawaka plant. Those cars are being sold on the Chinese market.
Network Indiana contributed to this report.