Oshkosh Corp. receives $175M order from military

AP News
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Posted: Dec 10, 2009 4:27 PM

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