Oshkosh Corp. receives $175M order from military
APNews
Dec 10, 2009
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.
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Oshkosh Corp.: http://www.oshkoshcorporation.com