Hyster-Yale Group has won a potential five-year, $400 million contract from the Defense Logistics Agency to supply material handling equipment to U.S. military services and federal civilian agencies.
DLA received five responses for the contract via a competitive procurement and will use defense working capital funds for fiscal 2017 through fiscal 2022, the Defense Department said Friday.
Work will occur in North Carolina, Kentucky, the Netherlands and Italy through June 8, 2022.
Cleveland, Ohio-based Hyster-Yale Group maintains a portfolio of electric and internal combustion engine lift trucks built for handling of indoor and outdoor materials.