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Military News
02-10-2010, 12:56 PM
02-10-2010 12:31 PM
OSHKOSH, Wis. — The Marine Corps has ordered more than 400 heavy trucks from the defense arm of Oshkosh Corp., in a deal worth over $158 million.Oshkosh Defense said Wednesday the order is for LVSRs, which are used to transport supplies across difficult terrain.The new order extends an existing contract for the vehicles, bringing the overall order to about 1,300 trucks.Shares of Oshkosh were up 9 cents, or 0.2 percent, to $39.15 in morning trading Wednesday.The Oshkosh, Wis.-based company has received a number of military contracts within the last year or so worth a total of nearly $4 billion. One of its most popular products is an MRAP designed specially to handle the rugged terrain of Afghan battlefields.Related reading:First LVSR arrives in Afghanistan (http://www.marinecorpstimes.com/news/2009/10/marine_lvsr_102209w/)

More... (http://www.marinecorpstimes.com/news/2010/02/ap_marine_lvsr_order_021010/)

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