The U.S. Department of Defense's Advanced Research Projects Agency, commonly known as DARPA, is offering $4 million in prizes for the design of a next generation amphibious infantry fighting vehicle. Competitors can register for the FANG (fast, adaptable, next generation ground vehicle) design challenges on DARPA's VehicleForge website.

As reported by AOL Defense: The winner of the first phase, to design the new vehicle's engine, suspension, and other motive systems, will get a $1 million prize. Should a team win all three phases -- drivetrain, chassis, and the whole vehicle -- it would take home $4 million. Ultimately, if DARPA's winner proves superior to the results of a traditional Pentagon competition among major defense firms, it could become the Marine Corps' new Amphibious Combat Vehicle.

DARPA hopes that, by opening the competition to the public, they'll be able to develop the vehicle 5 times faster, through social collaboration and open-source design. For more information, check out the video below and head over to AOL Defense for the full report.

DARPA Offers $1M Prize For Marine Amphib

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