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Oshkosh Wins US Army Truck Contracts Totaling $690.5 Million

DOW JONES NEWSWIRES Oshkosh Corp. (OSK) won contracts worth $690.5 million to supply the U.S. Army with tactical trucks and trailers, according to the Defense Department on Friday. The larger award, made Tuesday, is worth $584.9 million, selling the Army 1,274 new heavy expanded mobility tactical trucks--large vehicles designed for heavy transport--and 452 refurbished ones. It also includes the sale of 98 palletized loading system trailers. Delivery is set to be complete in September 2012. The second contract, worth $105.6 million, is for Oshkosh to build about 1,308 tactical vehicles, trucks and trailers. Those are supposed to finished in March 2012. Deliveries of military-transportation vehicles for the Afghanistan war helped Oshkosh swing to a second-quarter profit in results released in April. The specialty-vehicle maker cut costs by implementing wide layoffs, output reductions and plant closures during the downturn in global construction markets. But its burgeoning defense segment has been a bright spot. Oshkosh shares were up 2.1% at $30.63 after hours. The stock has risen 51% in the last year, better than the broader market. -By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com

Stock News for Oshkosh Truck (OSK)
DateTimeHeadline
05/27/201508:36:00Oshkosh Corporation Announces Exchange Offer for 5.375% Senior...
05/27/201508:01:42Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
05/27/201506:01:29Notice of Effectiveness (effect)
05/18/201514:33:34Statement of Changes in Beneficial Ownership (4)
05/18/201514:32:42Statement of Changes in Beneficial Ownership (4)
05/18/201514:32:13Statement of Changes in Beneficial Ownership (4)
05/18/201514:31:17Statement of Changes in Beneficial Ownership (4)
05/18/201514:00:27Statement of Changes in Beneficial Ownership (4)
05/18/201513:59:47Statement of Changes in Beneficial Ownership (4)
05/18/201513:58:54Statement of Changes in Beneficial Ownership (4)
05/18/201513:05:24Statement of Changes in Beneficial Ownership (4)
05/18/201513:04:55Statement of Changes in Beneficial Ownership (4)
05/18/201513:03:58Statement of Changes in Beneficial Ownership (4)
05/18/201508:30:00Oshkosh Corporation to Present at the KeyBanc Capital Markets...
05/18/201507:47:42Securities Registration: Business Combination (s-4)
05/14/201516:46:22Initial Statement of Beneficial Ownership (3)
05/14/201515:21:31Statement of Changes in Beneficial Ownership (4)
05/11/201510:19:38Statement of Changes in Beneficial Ownership (4)
05/05/201509:20:17Statement of Changes in Beneficial Ownership (4)
05/04/201516:53:07Statement of Changes in Beneficial Ownership (4)

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