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Navistar Gets Largest Armored Truck Order Of 2011 From Marines

By Bob Tita Of DOW JONES NEWSWIRES Navistar International Corp. (NAV) said it has received an order from the U.S. Marines Corps Systems Command for 471 armored patrol truck worth $357 million. It's the largest order of mine resistant ambush protected trucks, or MRAPs, this year and follows an order for 250 ambulance versions of the MRAP last month. Illinois-based Navistar has produced more than 8,700 of the heavily armored trucks for troops in Iraq and Afghanistan since 2007, but demand for the trucks has fallen in recent years as the U.S. military opted for a smaller armored truck developed by Oshkosh Corp. (OSK) for Afghanistan's rugged terrain. Navistar upgraded the MRAP's suspension system and reduced its size for better off-road performance. The latest order for 471 trucks will be assembled at Navistar plants in Garland, Texas, and West Point, Miss. The work is expected to be completed by September. Navistar last week peeled back its 2011 revenue projection from military vehicles to $1.9 billion, from $2 billion. Navistar's stock was recently trading down 0.11% at $54.47. -By Bob Tita, Dow Jones Newswires; 312-750-4129; robert.tita@dowjones.com

Stock News for Oshkosh Truck (OSK)
DateTimeHeadline
07/02/201511:42:00Oshkosh Defense to Build 698 Additional FMTVs for U.S. Army
07/02/201509:00:00Oshkosh Defense to Build 698 Additional FMTVs for U.S. Army
06/25/201508:00:00Oshkosh Corporation Completes Exchange Offer for 5.375% Senior...
06/19/201510:43:00Oshkosh Defense Awarded Contract to Recapitalize U.S. Army’s H...
06/16/201507:30:00Oshkosh Corporation Updates Third Quarter and Full Year Fiscal...
06/10/201507:45:00オシュコシュがインターシュッツ2015で一新されたOshkosh XP消防車を展示...
06/09/201507:04:00Oshkosh expose le nouvel engin de lutte contre l'incendie Oshkosh...
06/08/201520:35:00Sarà presentato da Oshkosh a Interschutz 2015 il nuovissimo...
06/08/201516:05:00Oshkosh Corporation to Present at the Stifel 2015 Industrials...
06/08/201511:00:00Oshkosh führt an der Interschutz 2015 sein neues Feuerwehrfahrzeug...
06/08/201503:00:00Oshkosh Displays All-New Oshkosh XP Fire Apparatus at Interschutz...
06/03/201515:04:47Amended Statement of Changes in Beneficial Ownership (4/a)
06/01/201515:14:23Statement of Changes in Beneficial Ownership (4)
06/01/201514:25:30Statement of Changes in Beneficial Ownership (4)
06/01/201513:58:46Statement of Changes in Beneficial Ownership (4)
06/01/201513:15:13Statement of Changes in Beneficial Ownership (4)
06/01/201513:03:39Statement of Changes in Beneficial Ownership (4)
06/01/201512:44:35Statement of Changes in Beneficial Ownership (4)
06/01/201512:43:33Statement of Changes in Beneficial Ownership (4)
06/01/201512:43:03Statement of Changes in Beneficial Ownership (4)

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