Oshkosh Announces New Delivery Orders For Heavy-Duty Army Vehicles
- The Two Delivery Orders Are Valued at Roughly $600 M
(Oshkosh, Wis., June 30, 2010) -- Oshkosh Corporation (NYSE:OSK) announced today its Defense division has received two delivery orders from the U.S. Army TACOM Life Cycle Management Command (LCMC) for the U.S. Army's Family of Heavy Tactical Vehicles (FHTV). The two delivery orders are valued at roughly $600 million, and extend production for nearly 1,900 new and recapitalized severe-duty Heavy Expanded Mobility Tactical Truck (HEMTT A4) vehicles, the backbone of the Army's logistics and resupply fleet, and more than 530 Palletized Load System (PLS) trailers.
"For more than 30 years, Oshkosh HEMTTs have provided unparalleled performance to U.S. soldiers," said Charlie Szews, Oshkosh Corporation president and chief operating officer. "The production of these next-generation vehicles and support trailers, as well as the recapitalization of existing HEMTTs to like-new condition, signifies the fleet will continue to support and protect Warfighters for decades to come."
Source : Oshkosh Corporation (NYSE: OSK)
Published on ASDNews: Jul 1, 2010
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