Search Results for: oshkosh

Army Awards Oshkosh $433M in Heavy Tactical Vehicle Contract Modifications

Oshkosh Corp. (NYSE: OSK) has received three contract modifications worth a combined $433 million to provide heavy-duty vehicles for U.S. Army tactical operations. The Defense Department said Monday work under the contract modifications are scheduled to finish Nov. 30, 2017,  and the Army will use fiscal 2016 other procurement funds to cover the …

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Oshkosh to Continue JLTV Work, Federal Claims Court Denies Lockheed’s Injunction Request

Oshkosh Corp. (NYSE: OSK) said Friday it will continue work on the potential $6.75 billion contract awarded in August 2015 to build the Humvee ground vehicle replacement for the U.S. Army and Marine Corps after a federal claims court denied Lockheed Martin‘s (NYSE: LMT) request for a preliminary injunction. Lockheed …

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John Urias to Retire as Oshkosh Defense President in February; Wilson Jones Comments

John Urias will retire on Feb. 6 as executive vice president of Oshkosh Corp. (NYSE: OSK) and president of the firm’s defense segment. President and CEO Wilson Jones will head the defense segment until the company finds a replacement for Urias, who cited family health matters as reason for his retirement, Oshkosh …

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Wilson Jones to Succeed Charlie Szews as Oshkosh CEO; Richard Donnelly Comments

Wilson Jones, president and chief operating officer of Oshkosh Corp. (NYSE: OSK), has been appointed to succeed Charlie L. Szews as CEO in a transition scheduled to take effect Jan. 1, 2016. Szews will retire from Oshkosh on Dec. 31 and will be succeeded by Jones on the company’s board of directors, the …

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Army Picks Oshkosh for $7B Joint Light Tactical Vehicle Contract

Oshkosh (NYSE: OSK) has won a much-anticipated potential $6, 749, 799, 374.25 contract to build armored vehicles for the U.S. Army‘s Joint Light Tactical Vehicle program, the service branch’s initiative to replace the Humvee for itself and the Marine Corps. The Army said Tuesday it expects low-rate initial production of the JLTV to start in …

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Oshkosh Defense to Refresh US Army Mobility Trucks, Palletized Load Systems

Oshkosh Defense (NYSE: OSK) has been awarded a $780, 396, 541 contract to recapitalize the U.S. Army’s heavy expanded mobility tactical trucks and palletized load systems. The company will also update 1, 022 new palletized load system trailers, specialty kits, logistical and test support, and related items, the Defense Department said Thursday. …

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Lockheed, AM General, Oshkosh Bid for US Army’s Armored Vehicle Program

Lockheed Martin (NYSE: LMT), AM General and Oshkosh Defense (NYSE: OSK) have submitted proposals for the U.S. Army’s joint light tactical vehicle program, Defense News reported Tuesday. Joe Gould writes the Army plans to award a single company the firm-fixed-price contract for 50, 000 armored vehicles and the U.S. Marine …

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Oshkosh to Refresh US Army’s Mine Resistant Vehicle Program; John Bryant Comments

An Oshkosh Corp. (NYSE: OSK) company has won a more than $77 million contract to reconfigure the U.S. Army’s mine resistant ambush protected vehicles in an effort to keep the fleet mission-ready. Oshkosh Defense LLC works to inspect the vehicle’s condition and configuration, complete the needed repairs and replacements, and install upgrade …

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Chris Yakes: Oshkosh Continues Unmanned Ground Vehicle Work with Navy

Oshkosh Corp.’s (NYSE: OSK) defense division will help the Office of Naval Research integrate counter-improvised explosive device technologies into an unmanned ground vehicle. Chris Yakes, vice president of advanced products engineering at Oshkosh, said Wednesday the company will continue to work with ONR to demonstrate the interoperability of the TerraMax …

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Carl Icahn Makes $3B Offer for Oshkosh

Activist investor Carl Icahn offered on Thursday to buy all outstanding shares of military truck manufacturer Oshkosh Corp. for $3 billion, or $32.50 per share, according to Bloomberg. Icahn, who is the company’s largest shareholder with a 9.45 percent stake, made an offer that is 21 percent higher than Oshkosh’s …

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