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Oshkosh Truck Corp. posts

Oshkosh Corp. Lands Another Big Contract

Posted Jul 1st 2010 12:30PM by Gary Sattler (RSS feed)
Filed under: Good news, Products and Services, Industry, Stocks to Buy

Oshkosh OSK logo Yet 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.

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Oshkosh Corp.: Pull-Back Is Buy Opportunity

Posted Jan 5th 2010 4:30PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

The logic and reasoning behind the July 6, 2009, Oshkosh Corporation (OSK) buy call at $21.48 is obvious enough: a nice U.S. Department of Defense contract win, and that's also a major reason I'm reiterating my buy rating for the company's shares. If you bought OSK in July 2009, you're up an impressive 80%.

In 2009, the company won two contracts totaling $2.1 billion work from the U.S. Army to fund production of 3,944 MRAP all-terrain vehicles for the Afghanistan War.

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