Oshkosh Unit Receives $95 Million Heavy Vehicle Order From US Army

MT Newswires Live
01 Apr

Oshkosh (OSK) unit Oshkosh Defense said Tuesday that it received an order worth $95 million from the US Army Contracting Command - Detroit Arsenal.

The order is part of the Family of Heavy Tactical Vehicle V contract and includes Oshkosh's Palletized Load System or PLS A2, which features advanced driver assistance and autonomy-ready technologies, the company's unit said.

Oshkosh Defense said it expects PLS A2's production launch within this year.

Shares of Oshkosh fell 2% in recent trading.

Price: 92.18, Change: -1.90, Percent Change: -2.02

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