Oshkosh Corp. lands $325M Army contract for spare parts, repair kits for mine-resistant trucks

Oshkosh lands $325M Army contract for parts, kits

OSHKOSH, Wis. — The defense arm of Oshkosh Corp. has received two hefty military orders for spare parts and repair kits for its new class of mine-resistant trucks.

Oshkosh Defense said Monday the deals with the U.S. Army are worth more than $325 million.

The parts are for M-ATVs, which are all-terrain military vehicles that are specially designed for the rougher terrain of Afghani battlefields.

The deal is the latest in a string of high-priced military awards for the Oshkosh, Wis.-based company. Within the last year or so it has received contracts worth nearly $4 billion for thousands of mine-resistant trucks and spare parts.

Shares of Oshkosh rose 72 cents, or 2 percent, to close Monday at $35.53.

On the Net:

Oshkosh Corp.: www.oshkoshcorporation.com