Oshkosh to Build Army Medium Tactical Vehicle Variants Under $467M Contract Modification

Oshkosh‘s (NYSE: OSK) defense segment has received a $466.8 million contract modification to produce Family of Medium Tactical Vehicle variants for the U.S. Army based the FMTV A1P2 technical data package.

The Army will provide funds and performance locations with each order and the company is scheduled to finish contract work Aug. 25, 2018, the Defense Department said Wednesday.

FMTVs are equipped with armor and multiple technologies that work to protect crew, transport military equipment and personnel and recover other vehicles and weapons.

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