Oshkosh Corp. gets $38 million in military contracts (12:29 p.m. 7/31/09)

Published: July 31, 2009

Oshkosh (AP) — Oshkosh Corp. has received nearly $38 million in military contracts to rebuild war-torn trucks and provide vehicle replacement parts.

The deals were announced Friday by Oshkosh Defense, the military division of the Oshkosh-based company.
A $21 million order from the U.S. Army calls for the repair of about 120 vehicles and trailers. The vehicles are rebuilt in like-new condition, at no more than 75 percent the cost of a new vehicle.

The second deal with the U.S. Marine Corps involves two orders. One is for the repair of as many as 400 military trucks, and is worth more than $9 million. The other is a $7 million order for a restraint system that helps keeps gunners strapped in place.