Pentagon orders 400 more all-terrain trucks from Wis.-based Oshkosh Corp. in deal worth $175M
By APThursday, December 10, 2009
Oshkosh Corp. receives $175M order from military
OSHKOSH, Wis. — The defense arm of Oshkosh Corp. has received another military contract, this one calling for the vehicle manufacturer to provide 400 military trucks in a deal worth $175 million.
Oshkosh Defense said Thursday the deal is for its new class of mine-resistant trucks. The all-terrain vehicles are specially designed to handle the rougher terrain of Afghanistan battlefields.
The contract is the Oshkosh, Wis.-based company’s sixth for the new class of truck. It brings the total value of the deal to $3.3 billion and means the company will deliver more than 6,600 military trucks to the military.
Shares of Oshkosh dipped 30 cents, or 0.7 percent, to close at $40.03 Thursday.
On the Net:
Oshkosh Corp.: www.oshkoshcorporation.com
Tags: Contracts And Orders, North America, Oshkosh, United States, Wisconsin