Author: Jay Clemens|| Date Published: September 26, 2016
Oshkosh (NYSE: OSK) has received a $378.1 million contract modification from the U.S. Army to manufacture a total of 1, 543 medium tactical vehicles for Cameroon, Iraq and Somalia under the foreign military sales program.
The Defense Departmentsaid Friday that Oshkosh’s defense business segment will also produce three 78-gallon armor B-Kit corrosion prevention compound for those vehicles.
Work will occur at a company facility in Oshkosh, Wisconsin through July 31, 2018.
The Army obligated the full amount of the modification from its fiscal years 2010, 2015 and 2016 procurement and “other” funds at the time of award.
Oshkosh Defense designed its medium tactical vehicle platform for general resupply, ammunition resupply, maintenance and recovery, engineer support, troop transport, weapon systems platforms and combat support operations.
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