Oshkosh Corp. Receives $1 Billion Contract
OSHKOSH, Wis. (AP) -- The Pentagon has ordered more than 2,200 military all-terrain vehicles from Oshkosh Corporation in Oshkosh, in a deal valued at more than $1 billion.
The company says it will expedite production of the vehicles, and it plans to see whether other manufacturers can help make the ATVs.
The order is for 2,244 vehicles and is valued at just over $1 billion.
Oshkosh chief executive Robert Bohn says the ATVs are designed to provide soldiers the kind of mobility necessary on Afghanistan's off-road terrain.
Shares of Oshkosh dipped 25 cents to close today at $14.54.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
Next Article in Local: New Berlin Police investigate serious crash
0 COMMENTS
ADD A COMMENT