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Here are the 3 high-tech vehicles vying to replace the Humvee
Oshkosh JLTV
Oshkosh JLTV

(Oshkosh) Oshkosh's JLTV.

The US Army is finally set to phase out one of the most consistent images of modern American military power: the Humvee.

Earlier this year, the US Army announced the three finalists for the massive contract to replace the iconic Humvee, which has been in service for almost three decades.

Oshkosh Corporation, defense contractor Lockheed Martin, and Humvee-maker AM General each delivered 22 prototypes of their Joint Light Tactical Vehicles (JLVT) to military evaluators, who are running elaborate tests on the vehicles to determine the best fit.

Since the 1990s, AM General's Humvee has been the US military's workhorse, first seeing action in the Gulf War.

Despite its ubiquity, the Humvee has caused some serious headaches for American forces. As Wired notes, the Humvee was designed in the 1980s as an off-road carrier to transport troops and equipment quickly across Eastern Europe in a theoretical ground war against the then Soviet Union.

But after the collapse of the Soviet Union, the Humvee's mission changed. It was deployed to the front lines in Iraq and Afghanistan, where US commanders quickly discovered that it was dangerously under equipped to protect troops against close-combat urban fire and improvised explosive devices.

With this problem in mind, the vehicles in this summer's competition are all far more resistant to explosive blasts. The new vehicles are smaller, so they can be more easily airlifted and transported. They're also light and better equipped to deal with the urban and off-road patrol duties that the Humvee took on in Afghanistan and Iraq.

The winning payout for the contract will be huge. As the Dallas Morning News reports, the US Army plans to spend billions on at least 20,000 vehicles, and the Marine Corps will likely buy around 5,000. If the vehicle is more successful, it could be an even greater windfall — since the '80s, the AM General has produced 250,000 Humvees for the US military.

Here are the three vehicles that could replace the Humvee:

Oshkosh's L-ATV

Oshkosh JLTV
Oshkosh JLTV

(Oshkosh) Oshkosh's JLTV.

Oshkosh's entry into the competition is the Light Combat Tactical All-Terrain Vehicle.

The company has one advantage. After the Army realized in the early 2000s that the Humvee left troops vulnerable to blasts, the Pentagon ordered thousands of Oshkosh's Mine Resistant Ambush Protected (MRAP) vehicles for deployment in Iraq and Afghanistan.

As the name suggests, Oshkosh's MRAP was much better suited to transport troops through these environments. Wired notes that the MRAP was so successful at sustaining blasts that some troops reportedly didn't realize when they ran over bombs.