Oshkosh Defense Secures $231.9M US Army Contract for Modernized Vehicles
Portfolio Pulse from Benzinga Newsdesk
Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE:OSK), has secured a $231.9 million contract from the U.S. Army for modernized heavy tactical vehicles and related kits.
July 08, 2024 | 10:05 am
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Oshkosh Corporation (NYSE:OSK) has secured a $231.9 million contract from the U.S. Army for modernized heavy tactical vehicles, which is likely to positively impact its revenues and stock price in the short term.
The $231.9 million contract from the U.S. Army is a significant order for Oshkosh Corporation, likely boosting its revenues and positively impacting its stock price. The contract's size and the nature of the products (modernized heavy tactical vehicles) indicate a strong demand and a solid revenue stream.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100