Oshkosh Wins Another Contract

Following up on its recent MRAP-ATV and heavy truck contracts Oshkosh announced that they have been awarded another contract to build Family of Medium Tactical Vehicle (FMTV) trucks and trailers. This contract is called the rebuy program. If all options are exercised over the next five years the contract could be worth up to $2.6 billion.

The initial order is for about $280 million worth of the vehicles. The rebuy seems to indicate that this contract is to begin replenishing the supply of the vehicles in the Army. The U.S. lost a great deal of vehicles in Iraq and Afghanistan to IED and mines. These were of all types including tanks, armored personnel carriers and logistic support vehicles like the FMTV.

Textron Marine & Land Systems to Deliver 39 Armored Personnel Carriers to Colombia

NEW ORLEANS--(BUSINESS WIRE)--Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, has been selected by the Colombian Ministry of Defense to produce and deliver 39 Armored Personnel Carriers (APC) for the Colombian Army. The Colombian Army’s initial requirement for armored wheeled vehicles with associated logistics support will be contracted through the U.S. Army Foreign Military Sales process. The total value of this procurement is $

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