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Navistar Receives $142M Marine Order for MRAP Vehicles

The U.S. Marine Corps Systems Command has placed a $142 million order with Navistar Defense, LLC (NYSE: NAV) for 140 international MaxxPro recovery vehicles with rocket propelled grenade nets.

The order includes parts and support for the mine-resistant ambush-protected vehicles.

The company will produce the vehicles at its West Point, Miss., facility where its currently assembling recent orders for MaxxPro dash and dash ambulances.

The recovery vehicles will be delivered in October and November 2011.

“Many mission types require MRAP survivability protection and that includes warfighters running vehicle recovery and support missions, ” said Archie Massicotte, president of Navistar Defense. “To meet urgent needs, we completed delivery of the last MaxxPro recovery vehicle order two months ahead of schedule. We are proud that these vehicles are performing well and we will work swiftly again to deliver these additional trucks.”

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