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Oshkosh Wins $640 Million Army Contract

February 24, 2010 (FinancialWire) — Oshkosh Corp. (NYSE: OSK) said it has received an additional $640 million award from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command to deliver 1,460 MRAP All Terrain Vehicles.

To date, Oshkosh has received awards valued at more than $4.74 billion for 8,079 M-ATVs, as well as spare parts kits and aftermarket in-theater support.

The Oshkosh M-ATV is the newest MRAP model, developed in response to the need for such vehicles in Afghanistan.

According to Oshkosh, the vehicle is specifically designed to operate on the country’s harsh mountainous terrain and unimproved roads while providing protection levels equal to or better than those of legacy MRAPs.

Wisconsin-based Oshkosh is a designer, manufacturer and marketer of a range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies.

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