Oshkosh Wins $51 Million Army Contract
Stock quotes in this article:OSK
OSHKOSH, Wis. -- The defense-related division of Oshkosh(OSK) has been awarded a $51 million contract to provide armor upgrades for military vehicles.
Oshkosh Defense said Wednesday the contract calls for 660 armor kits to protect a specific type of heavy Army truck. The company says the trucks have a strong armor component already built in, but the new armor kits can be added for improved safety. The Oshkosh-based firm says the kit is designed so a two-soldier crew can install it with no special tools. Shares of Oshkosh Corp. rose 91 cents, or 17.9%, to $5.99 in midday trading Wednesday.>To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
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