Navistar Defense Receives $123 M MRAP Order
- Company continues to leverage existing assets for growth
The MaxxPro Dash award comes on the heels of the company's November 22 award for MaxxPro Recovery vehicles. Navistar has continued to grow its product offerings by leveraging its current commercial capabilities and assets, which includes the proven commercial International(r) WorkStar(r) platform. This business strategy not only allows the company to respond quickly to vehicle orders, but it simplifies the integration of vehicle enhancements and the development of new truck variants.
The Global Armored and Counter IED Vehicles Market 2013-2023
"We are honored to provide additional MaxxPro Dash vehicles so soon after receiving last month's award for Recovery vehicles," said Archie Massicotte, president, Navistar Defense. "This award is an element in a strategy that allows us to build our business around a revenue base of $1.5 to $2.0 billion. Another important element is our commitment to keeping warfighters safe."
Since 2007, the company has been contracted to produce more than 8,000 (7,839 + 175) MaxxPro MRAP units. While the MaxxPro family of vehicles has contributed to Navistar's growth into new markets, the company has received orders for more than 30,000 vehicles since 2004. This includes sales of the MaxxPro, International(r) MXT(tm), as well as vehicles based on the International(r) PayStar(r) and WorkStar platforms.
MaxxPro Dash vehicles are powered by MaxxForce(r) 9.3D engines. Production of the new units will be completed by Summer 2011.
Source : Navistar Defense, LLC