OSK - Oshkosh Lands ~$232M Deal to Build and Upgrade Military Trucks | Benzinga
Oshkosh Corporation (NYSE:OSK) shares are trading higher after the company won a $231.9 million contract from the U.S. Army Contracting Command—Detroit Arsenal (ACC-DTA).
As per the deal, Oshkosh will manufacture new Heavy Expanded Mobility Tactical Truck (HEMTT) A4 tankers, cargos, wreckers, load handling systems (LHS), Common Bridge Transports (CBT), and Palletized Load System (PLS) A1s.
Also, Oshkosh will upgrade the PLS A1 fleet through recapitalization, modernizing the fleet, extending vehicle life, and cutting operating costs.
Notably, for decades, Oshkosh ...