Oshkosh Corporation Awarded Contract to Provide Replacement Defense Vehicle Parts

HEMTT A3 (Photo @ Oshkosh)

OSHKOSH, Wis.--(BUSINESS WIRE)--Jan. 2, 2009--Oshkosh Corporation (NYSE:OSK) announced today that Oshkosh Defense has been awarded a sole source contract with the Defense Logistics Agency (DLA) to provide replacement parts for medium and heavy tactical vehicles. This annual contract has a potential duration of 10 years, if all option years are exercised, and a value of up to $1.12 billion. This follows a one-year contract that included seven option years, each of which were exercised, that ended in December 2008.

Under the contract, Oshkosh Defense will supply the DLA with replacement parts to support Oshkosh's medium and heavy tactical vehicles, which include the Medium Tactical Vehicle Replacement (MTVR), Heavy Expanded Mobility Tactical Truck (HEMTT) and Palletized Load System (PLS). Oshkosh also supplies replacement parts for other manufacturers' medium and heavy-payload vehicles.

MTVR MK37 HIMARS Resupply Vechicle (Photo @Oshkosh)

"Oshkosh Defense vehicles provide the superior performance and reliability that our military customers demand, and we are proud to support those vehicles with our top-of-the-line aftermarket parts and services," said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. "Our customers always know their vehicles are backed by an extensive and dependable network of parts and support services with Oshkosh."

PLS (Palletized Load System)Recovery Vehicle (photo @Oshkosh)

The first contract order is valued at $17.5 million and is for approximately 2,300 replacement part numbers to support Oshkosh's tactical vehicles. @Oshkosh

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