Oshkosh Corp. (OSK) said its division, Oshkosh Defense, has been awarded a contract by the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command for the U.S. Army's Family of Medium Tactical Vehicles, or FMTV, rebuy program.
The FMTV rebuy program is a five-year, indefinite delivery/indefinite quantity contract award for the production of up to 23 thousand vehicles and trailers as well as support services and engineering. The FMTV is a series of up to 23 variant vehicles and 17 different models ranging from 2.5 ton to 5 ton payloads.
The contract's first delivery order is valued at $280.9 million for the production and delivery of 2,568 trucks and trailers. Initial test vehicle deliveries are planned for mid-2010, followed by production vehicle deliveries later in the year.
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