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Oshkosh Corp. Lands Another Big Contract

Oshkosh OSK logoYet another piece of good news has surfaced from heavy truck and tactical vehicle manufacturer, Oshkosh Corp. (OSK). In a press release Wednesday, Oshkosh revealed that it has been awarded a $600 million contract to construct and refurbish 1900 Heavy Expanded Mobility Tactical Truck A-4 vehicles for the Army's TACOM Life Cycle Management Command. Additionally, Oshkosh must produce 530 specialized material transport trailers.

Oshkosh expects to begin delivering on the contract as soon as next month, and the workload could last until October of 2011. Trailer production is expected to begin in June 2011 and finish in October of that same year.

Continue reading Oshkosh Corp. Lands Another Big Contract

Better quarters are ahead for Oshkosh

I'm Reiterating my Buy rating for Oshkosh Corporation (NYSE: OSK), first recommended on July 6, 2009 at a price of $21.48. If you bought OSK in July, you're up more than 55%.

The Buy call regarding Oshkosh, as they say, is not based on rocket science: it's based on the U.S. Department of Defense.

Continue reading Better quarters are ahead for Oshkosh

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Last updated: May 27, 2012: 09:18 AM

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