Oshkosh Corporation (NYSE:OSK) has announced that it has been awarded with a contract by the United States Army to produce the Family of medium Tactical Vehicles (FMTV). Oshkosh was one of three competitors bidding for the contract and selected after a review and recommendation by the Government Accountability Office (GAO). The FMTV is a series of vehicles that are comprised of 23 variants and 17 different models that range from 2.5 ton and 5 ton payloads. The company will manufacture both medium and heavy tactical vehicles in the US defense industry, producing over 70,000 military class vehicles in its facilities.
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Oshkosh Corporation (Oshkosh) is a designer, manufacturer and marketer of a range of specialty vehicles and vehicle bodies, including defense trucks, access equipment, fire & emergency vehicles and concrete mixers and refuse collection vehicles. The Company operates in four business segments: defense, access equipment, fire & emergency, and commercial. It manufactures defense trucks under the Oshkosh brand name, and is a manufacturer of severe-duty heavy- and medium-payload tactical trucks for the United States Department of Defense (DoD). The Company is also the manufacturer of aerial work platforms under the JLG brand name. Under the Pierce brand name, the Company manufactures fire apparatus assembled on both custom and commercial chassis. The Company manufactures aircraft rescue and fire fighting (ARFF) and airport snow removal vehicles under the Oshkosh brand name and ambulances under the Medtec brand name.
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