Last updated: 07/24/2014, 6:58 PM EDT

Oshkosh Truck Contract Passes $4.7 Billion in Value



Filed under: Investing Military armored truck-maker Oshkosh won a new truck contract from the Pentagon Thursday -- one of the largest contracts the Pentagon awarded on the day. Valued at $76.8 million, this was technically a modification of a pre-existing firm-fixed-price contract originally issued in August 2009. Back then, the Pentagon awarded Oshkosh the contract to build a "family of medium tactical vehicles," or FMTV -- which the Army describes as "a series of vehicles based on a common chassis, which vary by payload and mission requirements." FMTV vehicle types include materiel handlers, tractors, vans, wrecking trucks, and dump trucks. To date, Oshkosh has won FMTV contracts amounting to $4.7 billion over four years, despite the contract originally being estimated as being worth $2.5 billion over five years.  The article Oshkosh Truck Contract Passes $4.7 Billion in Value originally appeared on Fool.com. Fool contributor Rich Smith and The Motley Fool have no position in any stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy. Read | Permalink | Email this |&nb…

Disclaimer

Market data delayed 15 minutes.

This site is powered by PassFail. Ideas and opinions presented on this website are for informational and educational purposes only, and do not reflect the opinions of PassFail, or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice.

© 2014 Data provided by Morningstar® Read Full Disclaimer.

  • Top 100 Largest Market Cap. Public Companies in United States

    Apple Inc

    AAPL (NASDAQ)

    See the whole list
    #1

    Total Market Cap

    581 Billion

  • Top 100 Highest Share Price NASDAQ Public Stocks in United States

    Huntington Bancshares Inc

    HBANP (NASDAQ)

    See the whole list
    #1

    Today's Price

    $1,335

  • Top 100 Largest Market Cap. Technology Companies in United States

    Apple Inc

    AAPL (NASDAQ)

    See the whole list
    #1

    Total Market Cap

    581 Billion

  • Top 100 Most Actively Traded Technology Stocks in United States

    Facebook Inc

    FB (NASDAQ)

    See the whole list
    #1

    Average Shares Traded

    123 Million

  • Top 100 Most Actively Traded Public Stocks in United States

    Facebook Inc

    FB (NASDAQ)

    See the whole list
    #1

    Average Shares Traded

    123 Million

  • Top 100 Highest Share Price Healthcare Stocks in United States

    MHM Services

    MHMI (PINX)

    See the whole list
    #1

    Today's Price

    $3,150

  • Top 100 Highest P/E Ratio Public Stocks in United States

    Ecoland International Inc

    NRBT (OTC)

    See the whole list
    #1

    Today's PE Ratio

    10 Thousand

Daily Finance