Another $Billion Sale For Oshkosh?

13 July 2017

Is there another billion dollar military vehicle order in Oshkosh Corp.’s  future?  According to the Milwaukee Journal-Sentinel, the Oshkosh, Wis. manufacturer could pursue a $1 billion military vehicle deal with the United Kingdom under approval that’s been granted by the U.S. State Department.

The sale has not been concluded, but the agency’s approval is a necessary and important first step toward landing contract, Oshkosh said. 

The U.S. State Department said the United Kingdom has requested a possible purchase of up to 2747 Oshkosh Joint Light Tactical Vehicles valued at $1.035 billion.  The JLTV is manufactured in Oshkosh.

The Defense Security Cooperation Agency has delivered the required certification notifying Congress of this possible sale

See original article

State Department Press Release

In 2015, Oshkosh Corp. won the JLTV contract from the Army and Marine Corps. The Army said it planned to buy up to 50,000 of the vehicles in a deal that, if fully realized, would be worth about $30 billion.

STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

POWER SOURCING GUIDE

The trusted reference and buyer’s guide for 83 years

The original “desktop search engine,” guiding nearly 10,000 users in more than 90 countries it is the primary reference for specifications and details on all the components that go into engine systems.

Visit Now

CONNECT WITH THE TEAM
Becky Schultz Vice President of Content Tel: +1 480 408 9774 E-mail: [email protected]
Julian Buckley Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
Chad Elmore Managing Editor Tel: +1 262 754 4114 E-mail: [email protected]
Josh Kunz Power Progress Brand Manager Tel: +1 414 379 2672 E-mail: [email protected]
Roberta Prandi Power Progress International Brand Manager Tel: +39 334 6538183 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA