MRAP-ATV Continues To Drive Work For Plasan Bennington
Filed under: Business Line, Companies, Contract Awards, Department of Defense, Events, Oshkosh Truck Corp, Plasan, Services, States, Vermont, logistics, production program
The MRAP-ATV is the new lighter, more maneuverable MRAP made for service in Afghanistan. Oshkosh won the production contract and so far has been awarded contracts for over 8,000 vehicles by the U.S. military. Plasan Bennington makes armor plates for the vehicles and as Oshkosh receives contracts so does the Vermont company.
It announced that Oshkosh had given it a sub-contract worth over $170 million as part of a recent order of 1,460 MRAP vehicles. As the U.S. industry geared up to produce not only MRAPs but also uparmored HUMVEE and trucks several companies expanded their capabilities. Plasan Bennington is one along with BAE Systems. Protection against IED and mines demands the production of sophisticated metal plates for use on military vehicles.
Oshkosh Defense Named Wisconsin Manufacturer of the Year — Press Release
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, production program
Oshkosh Defense Named Wisconsin Manufacturer of the Year
OSHKOSH, Wis., Feb 26, 2010 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), received the 2009 Wisconsin Manufacturer of the Year (MOTY), winning the Grand Award in the “Mega” category for companies with more than 750 employees. Oshkosh was selected as the top company in this annual state-wide competition among Wisconsin-based manufacturers.
Oshkosh Defense was recognized for its operations and business excellence during the past year, and was judged on criteria, including financial growth, environmental solutions, technological advancement, operational excellence, commitment to employees and community support.
“The award acknowledges the progress and growth at Oshkosh Defense, as well the hard work and experience of our employees,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “This award is a tribute to the dedication of our workforce in building the finest military tactical wheeled vehicles to help supply our Armed Forces and help protect the lives of someone’s son, daughter, mother or father.”
For Oshkosh Defense, 2009 was a remarkable year. The Defense division won two major contracts and hired hundreds of new employees. The division first received an award on June 30, 2009 for the MRAP All-Terrain Vehicle (M-ATV) program, resulting in a $4.74 billion contract for 8.079 vehicles to be used in Afghanistan’s harsh rugged terrain. The contract award brought an immediate ramp up in production for this brand-new vehicle. This was an “urgent” needs project for the U.S. Army, and Oshkosh and its employees were able to design, test, build and begin delivering these life-saving vehicles to Afghanistan in less than a year — a truly remarkable accomplishment.
The next significant award came on Aug. 26, 2009 for the Army’s Family of Medium Tactical Vehicles (FMTV).These two momentous programs are in addition to the existing programs and vehicles that Oshkosh provides for medium tactical wheeled vehicles for the Marine Corps and the Family of Heavy Tactical Vehicles (FHTV) for the Army.
“Our success is the direct result of attention to detail from our management, the skill and determination of our employees and a companywide commitment to continuous improvement. Each day we come to work with a purpose and leave with a great sense of pride,” said Hove.
Nominees for the Wisconsin MOTY awards must have major manufacturing operations in the state. Winning companies are also recognized for having made Wisconsin a better place to live and work through their operations and business excellence.
MOTY winners were announced at an awards program on Thursday, Feb. 25 at The Pfister Hotel in Milwaukee. The MOTY Awards Program is co-sponsored by Michael Best and Friedrich LLP, Baker Tilly Virchow Krause LLP, and Wisconsin Manufacturers & Commerce.
About Oshkosh Defense Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.
About Oshkosh Corporation Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Navistar Continues Foreign Sales Of Systems
Navistar announced that it has been able to sell tactical vehicles to Israel. Despite not winning the U.S. MRAP-ATV contract these kind of sales...Oshkosh Corporation Surpasses 1,000 Vehicles A Month; Again Delivers Ahead of Schedule — Press Release
Oshkosh Corporation Surpasses 1,000 Vehicles A Month; Again Delivers Ahead of Schedule
OSHKOSH, Wis. — Dec. 22, 2009 — Oshkosh Corporation (NYSE:OSK) announced today that it has reached a milestone production rate for the MRAP All Terrain Vehicle (M-ATV) of 1,000 vehicles per month on December 18. The production for December is the sixth consecutive month Oshkosh exceeded delivery requirements. Since being awarded the contract on June 30, 2009, Oshkosh has been steadily ramping up production, and will continue at this rate of 1,000 vehicles per month through May 2010 to deliver the 6,619 vehicles currently under contract.
“Our employees gave a great effort to meet the aggressive production timeline for these urgently needed vehicles. These M-ATVs will help improve the safety and mobility of our soldiers and Marines in Afghanistan,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “Staying on or ahead of our delivery schedule goes beyond the M-ATV program. It is a core value with every order we receive and every high-quality vehicle we produce here at Oshkosh.”
Oshkosh reached the milestone by using production capacity at existing manufacturing facilities in Oshkosh, Wis. and McConnellsburg, Pa. These and other Oshkosh Corporation manufacturing facilities have available production capacity for all current and pending military vehicle programs, including the M-ATV and the U.S. Army’s Family of Medium Tactical Vehicles (FMTV) program, as well as any surges in production. Oshkosh uses an integrated assembly line to simultaneously produce as many as 10 vehicle models with 29 variations at its facilities.
In addition to exceeding the M-ATV’s production requirements, Oshkosh has received orders to send its fully trained field service representatives (FSR) to Afghanistan and supply spare-parts kits to provide the full spectrum of life-cycle support that will help sustain the M-ATV program. Oshkosh has the experience and infrastructure in place in the theater of operation to provide the required level of support, from parts supply to remanufacturing.
Oshkosh Defense has teamed with Plasan North America to provide an advanced armor solution for the M-ATV. Plasan also developed the armor system used on more than 5,000 legacy MRAPs and thousands of Oshkosh Medium Tactical Vehicle Replacement (MTVR) Armored Cabs already in theater.
About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Navistar To Provide More Trucks To U.S. Army
Filed under: Business Line, Companies, Contract Awards, Events, Mississippi, Navistar, Oshkosh Truck Corp, Services, U.S. Army, logistics, production program
The United States military has expended a great deal of logistics and support vehicles in Iraq and Afghanistan. These trucks have taken a beating both from heavy use and enemy attacks. The Army has let several contracts recently to repair, reset and replace them. Yesterday it was announced that Navistar would be awarded a contract to provide tanker trucks, wreckers and generic troop transport vehicles. The value of this contract is over $400 million.
Navistar was disappointed that it did not win a portion of the MRAP-ATV contract to provide the lighter vehicles for use in Afghanistan. That contract went to Oshkosh. This contract will offset some of the losses from not contributing to that effort. It also demonstrates that the U.S. has been able to grow a decent industrial base when it comes to logistic support vehicles.
MRAP-ATV Contract Spills Over To SCHOTT North America
Filed under: Business Line, Companies, Contract Awards, Department of Defense, Events, Oshkosh Truck Corp, Schott North America, Services, States, U.S. Army, logistics, production program
Oshkosh Defense was awarded the contract to build the new Mine Resistant Ambush Protected – All Terrain Vehicle (MRAP-ATV) earlier this year for use in the rougher terrain of Afghanistan. Under this contract several thousand vehicles will be built for use by the Army, Marine Corps and other services. As with any contract of this size there will be large orders placed with the necessary sub-contractors.
For example Plasan in Vermont will provide armor plate for the vehicles as they have for other MRAP and up-armored trucks and HUMVEES. Now SCHOTT North America located in Indiana announced that they have received a contract from Oshkosh to provide armored glass for the MRAP-ATV.
The contract will be require over a hundred more workers to be hired and the company to invest about $7 million in their plants. This contract illustrates how large defense contracts while seemingly being awarded to only one company spread across the U.S. and foriegn suppliers as parts and components are produced.
Oshkosh Defense Exhibits Latest Vehicles, Technologies and Donation Effort at AUSA — Press Release
Filed under: Business Line, Companies, Events, Oshkosh Truck Corp, Press Releases, Promotions
Oshkosh Defense Exhibits Latest Vehicles, Technologies and Donation Effort at AUSA
OSHKOSH, Wis. — Oct. 5, 2009 — Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), is displaying the latest in tactical wheeled vehicles and technologies in Washington D.C. today through Wednesday at the annual Association of United States Army (AUSA) meeting and exposition, including the new MRAP All-Terrain Vehicle (M-ATV), the Oshkosh HEMTTA3, Pro-Pulse™ and TAK-4® independent suspension.
Oshkosh is also a supporter of the Armed Forces Foundation sweepstakes, “Rumble With a Cause.” Attendees at the show will be automatically entered in the sweepstakes when making a $10 donation to AFF through the sweepstakes website. Up to twenty entries per person are permitted. Entrants are asked to select entry into either the sweepstakes for the Marine Corps-themed “Semper Fidelis Salute” or the sweepstakes for the Army-themed “American Soldier Salute” motorcycle. No donation is necessary to enter the sweepstakes and winners must meet eligibility requirements. Proceeds will support the Armed Forces Foundation’s mission of supporting active and retired members of the U.S. military and their families.
“Oshkosh Corporation is proud to be at AUSA and show our support and commitment to the Army,” said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. “We’ve built our reputation on being able to serve the Army’s needs with our vehicles and technologies, and AUSA is a perfect venue to demonstrate once again our commitment to protecting and supporting our men and women in uniform.”
On Wednesday of the three-day expo, AUSA will present the prestigious John W. Dixon award to Oshkosh Corporation Chairman and CEO Robert G. Bohn, for his contributions to national defense and his support of the U.S. Army.
Among the vehicles being displayed, the M-ATV offers durable, best-in-class mobility and superior crew protection for operations on the harsh mountainous terrain and unimproved road networks found in Afghanistan. To date, Oshkosh has received four awards valued at $2.3 billion for 4,296 M-ATVs. Oshkosh will utilize its available capacity and robust manufacturing capabilities to ramp up M-ATV production to 1,000 vehicles per month by December and continue at that rate as needed to meet the U.S. Armed Forces’ urgent need for the vehicle.
In addition to the M-ATV, the company is featuring the following vehicles and technologies at AUSA:
• The Heavy Expanded Mobility Tactical Truck (HEMTT) A3, a hybrid diesel-electric drive vehicle designed to help transform the Army’s tactical wheeled vehicle fleet and support modularization. It is equipped with the Oshkosh proprietary ProPulse® technology, which allows this HEMTT to export 100kW of military-grade A/C power and improves the vehicle’s fuel efficiency by at least 20 percent compared to other HEMTT models. It will be displayed along with a Load Handling System (LHS) Mobile-Folding Blade Turbine System (M-FBTS) and solar panel mission module concept that produces energy from natural resources to further reduce liquid fuel consumption.
• A demonstration vehicle equipped with multiple advanced Oshkosh technologies, including a ProPulse™ hybrid-electric drivetrain, Command Zone™ computer diagnostics system and a sensor suite from the TerraMax™ autonomous vehicle system.
• An Oshkosh TAK-4® independent suspension system, which is used on all three display vehicles. The TAK-4 system, which Oshkosh is retrofitting on more than 2,400 legacy MRAPs for operations in Afghanistan, has undergone more than 400,000 miles of government testing and results in vehicle off-road mission profile capabilities of 70 percent and higher.
About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.
About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, BAI™, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.
®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
Photo Courtesy of Oshkosh Defense
Kongsberg Wins Further U.S. CROWS Work
Filed under: Business Line, Companies, Contract Awards, Countries, Events, Konsberg, Norway, Services, U.S. Army, logistics, production program
The Norwegian company Kongsberg was awarded another contract to support the U.S. military’s remotely operated weapon system and turrets. Kongsberg has been a prime contributor to the Crew Remotely Operated Weapon Station (CROWS) since its inception. The CROWS allows a gunner to operate a turret or weapon remotely so that they may remain under maximum armor protection.
This latest $188 million contract follows on to several previous ones. The total CROWS program is worth over two billion dollars and involves several different companies. Konsberg makes the Protector Remote Weapon Stations (RWS). These hold the weapon and train and elevate it. This is combined with sensors and controls to make up the full CROWS installation.
CROWS has been used successfully in Iraq and Afghanistan for several years and is installed on HUMVEES and MRAP type vehicles. Previously gunners would have to expose themselves in order to aim and fire their weapons. This system maximizes their protection.
Marines And Oshkosh Move Out On New Truck
Filed under: Business Line, Companies, Contract Awards, Events, Oshkosh Truck Corp, Services, U.S. Marine Corps, development program, logistics, production program
The U.S. Marine Corps initiated a new program for Oshkosh Defense to build them a heavy, multi-purpose truck. The Logistics Vehicle System Replacement (LVSR) program is for a new tactical vehicle to perform a variety of roles.
The U.S. military had to invest heavily in Mine Resistant Ambush Protected (MRAP) and up armor their older tactical vehicles, like HUMVEES and trucks. This program will take advantage of that experience to develop and produce a new vehicle to carry out a variety of missions for the U.S.M.C. As the MRAP has had issues working in tactical situations this is another program to fix some of these issues. The contract is worth just over $700 million if all options are exercised. Right now the contract is for about 600 vehicles.
Like the MRAP-ATV program where there will be a lighter, more mobile vehicle developed to work the rougher terrain in Afghanistan the concept of this program is sensible. Oshkosh will stand to do well with this product if it works out and other services and countries buy it.
MRAP-ATV Contract Continues On Track
Filed under: BAE Systems, Business Line, Companies, Congress, Contract Awards, Department of Defense, Events, Federal Budget Process, Force Protection, Oshkosh Truck Corp, Proposal, Services, U.S. Army, U.S. Marine Corps, logistics, production program
The MRAP-ATV is a program to develop a lighter, more maneuverable Mine Resistant Ambush Protected vehicle for use in Afghanistan. The Army has been working on awarding a production contract by the end of this quarter. Reports indicated that that will happen and one or more companies who are participating in the current testing will receive an order.
The Army and other Services have invested a great deal of money in the last five years into these systems to counter the IED and mine threat in Iraq and Afghanistan. The vehicles due to their size and weight primarily are road bound and provide point-to-point transport. The rougher terrain in Afghanistan and lack of roads has led to the MRAP-ATV requirement. The program has moved fast as basically all of the vehicles proposed are existing systems.
The winner(s) will see a great deal of work quickly as the military hopes to ramp up production and quantities very quickly. The use of MRAP and their force mix are all undergoing study as the U.S. tries to fit them into its regular tactical organizations and doctrine.
Conference Will Provide Hard Hitting Analysis Of Vehicle Survivability – Press Release
Filed under: Business Line, Countries, England, Events, Holland, Press Releases, S&T, Trade Shows and Events, development program, logistics, production program
As the impact of IEDs on military operations continues to dominate the headlines, more than 40 high level speakers from around the globe are being brought together in Amsterdam from June 2 – 4 this year in what is set to be a defining conference on vehicle survivability.
Organised by Clarion Events, which also stages DSEi and ITEC, the Vehicle Survivability conference will address both the threats and the solutions associated with keeping armoured vehicles and their crews safe, examining the critically important areas of technical advancements, procurement methods and the lessons learned from operations.
Over 35 global experts at the forefront of vehicle survivability will be speaking. They include Lt Gen A R D Shirreff, Commander, Allied Rapid Reaction Corps, UK: Maj Gen Marcel van den Broek, Deputy Commander Land Forces, Royal Netherlands Army; Dr Vernon Joynt, MRAP and Anti-Mine Technology Expert and Chief Scientist of Force Protection, USA; Col Martin France, Chief Scientist and Technical Adviser to the Director, Joint Improvised Explosive Device Defeat Organisation, USA; and Dr Dennis Nandlall, Head of Weapons Effects and Protection, Defence Research and Development, Canada.
The agenda pulls no punches, posing questions about the future of the main battle tank, whether too many MRAPs been bought, the potential and limitations of defeating IEDs from the air, and what systems are simply too expensive to contemplate. Also under the spotlight is how insurgents have the ability to adjust their weapons to exploit the weaknesses of security forces, and the vexed question of weight versus protection.
The event begins with a pre-event workshop on June 2 at which Cranfield University will make a presentation that examines what fundamental solutions will ensure greater survivability in future operations.
Vehicle Survivability will be an exceptional learning and networking opportunity. For full details visit www.vehicle-survivability.com.
Marines buy more MRAP vehicles
Filed under: Contract Awards, Mississippi, Navistar, U.S. Marine Corps, production program
The USMC awarded Navistar a contract to purchase more of their new, lighter vehicles. The contract is worth about $750 M and will buy 800 or so vehicles. The trend in recent MRAP buys has been to get smaller and less bulky vehicles for service in Iraq and Afghanistan. The Marines especially have cut back on MRAP buys and moved away from the original vehicles.
Navistar makes the MRAP in Mississippi and the press release can be found at The Wall Street Journal’s MarketWatch.com site here.
USMC buys more, smaller MRAP vehicles
Filed under: Contract Awards, General Dynamics, U.S. Marine Corps, logistics, production program
The USMC purchased 773 MRAP from General Dynamics. See a press release here. The contract is worth over $500 M. These are RG-31 MRAP designed in South Africa and will be sent to Afghanistan. The RG-31 was selected as it is smaller and lighter then other MRAP in the inventory and according to this article the US military is now concerned with rollovers and the size of the MRAP vehicles already purchased. Although wheeled they are very heavy and have issues with the roads and bridges in Iraq and Afghanistan. MRAPs are very all as well and can roll over more easily then other tactical vehicles.
The State.com wrote similar article on Force Protection
The State.com, the website for the South Carolina State newspaper, published here a similar article to the one I wrote on Seekingalpha.com here. I guess it shows that some things appeal to a variety of people.
Struggling Force Protection wins UK contract
Filed under: Contract Awards, England, FMS, Force Protection, production program
Force Protection announced that they had been awarded a contract to deliver 157 MRAP to the UK armed forces. See the press release here. Force Protection had been struggling as they won very little of the last US contract for MRAP vehicles. This contract will certainly tide them over for several months as it is worth an estimated $125 M. See a post here on Force Protection’s situation.
BAE may expand Michigan facility
Filed under: BAE Systems, Michigan, development program, production program
This story is about how BAE Systems possible expanded production of MRAP’s and their submission of a bid for the Joint Light Tactical Vehicle (JLTV) contract may allow them to enlarge their Michigan facility. Right now no production is done there, but the demand for the MRAP or JLTV may lead that to be done at their Sterling Heights facility. While there has been consolidation in the US defense industry since 1990, the demands of the current budgets have made it possible for the companies to invest in physical plant to increase production and repair of key items. Read more
DoD buys bulk of MRAPs from other sources then Force Protection
Filed under: Contract Awards, Force Protection, U.S. Army, production program
Force Protection won just 1 percent of a contract for Mine Resistant Ambush Protected (MRAP) vehicles awarded on Friday. This is a big blow to the company, and they state they have enough current orders to keep going for 8 months. See Bloomberg.com here. This means that Force Protection, which basically arose out of the whole MRAP concept, must seek non-DoD customers to keep going. The MRAP had been used by South African forces for years in Rhodesia and other areas where mines were the biggest threat. Now that Improvised Explosive Devices (IED) are it really in Iraq the US Army and Marines have been buying them like crazy at Congress’s urging.
Congressional micromanageing of the Defense Budget screws up Force Protection
Filed under: Congress, Federal Budget Process, Force Protection, Restructuring, production program
This article in The Charleston Post-Gazette discusses how Force Protection Inc. went through a boom period, and now seems to be heading towards a downturn. This is all due to Congress suddenly deciding that the Army and Marines need more MRAPs. Read more
US Army orders vehicles from Oshkosh
Filed under: Contract Awards, Oshkosh Truck Corp, U.S. Army, production program
The US Army ordered $272 M worth of Heavy Tactical Vehicles from Oshokosh Corporation. See the press release here. In the last few months Oshkosh had also been awarded a MRAP contract.
Bad reporting leads to bad news on the MRAP
Filed under: Force Protection, Iraq, U.S. Army, production program
This story, along with many others over the last week, has pretty much been proven wrong. It seems the Pentagon wants to continue it though. See the work at Badgers Forward for more information. I guess it all depends on your definition of what a MRAP is. Also, the poor soldier may have died due to the roll over, not the explosion as he was in the turret at the time. The rest of the crew were unhurt.
US Army awards BAE Systems initial Medium Mine Protected Vehicle (MMPV) contract
Filed under: BAE Systems, Contract Awards, U.S. Army, production program
The US Army awarded BAE Systems a initial order of $20 M for MMPV. The total contract could have a value of $2.3 Billion. See the story here. BAE will perform most of the work at Letterkenny Army Depot. This initial order is for 9 vehicles for evaluation. This is a specialized engineering vehicle for route clearance, and not just another MRAP.
National Defense Magazine reports USMC souring on the MRAP
The MRAP, as previously discussed, was a knee-jerk reaction by Congress to the IED threat. Now the Marines are realizing that they really have no use for the out sized tactical vehicle in their normal operations. See this note here about how it is not meeting the needs of the USMC and the Army.
Force Protection stock takes hit with smaller than expected MRAP order
This article from Schaeffer’s Investment Research discusses how Force Protection corporation’s stock took a hit as they received a smaller than expected order from DoD for Mine Resistant Ambush Protected (MRAP) vehicles. DoD awarded three companies orders for a total of 3,126. Force Protection received the smallest part of that order. On 19 December the stock fell over $4.00. Yesterday it closed at $4.81, well below its 52 week high of $31.16. See the original article here. Stock information is at CNN Money.
More information on Force Protection is here. If things continue the way they have in Iraq orders for MRAP vehicles will continue to decline. They had been a knee jerk reaction by Congress anyway, and demonstrated clearly how not to procure things.
Oshkosh Defense Awarded Additional 352 M-ATVs worth $189 Million
Filed under: Syndicated Industry News
First Oshkosh M-ATVs on the Ground in Afghanistan Protecting Warfighters
Filed under: Syndicated Industry News
-
Search This Site
Custom Search -
-
-
-
-
Recent Posts
- Contracts for March 19, 2010
- Boeing Can’t Be Seen As Taking Advantage Of Being Sole Bidder
- House Armed Services Committee: Hearing on the FY 2011 Budget Requests from the U.S. Southern Command and the U.S. Northern Command
- Boeing Completes Preliminary Design of Free Electron Laser Weapon System
- House Armed Services Committee: Skelton Statement on Anniversary of Iraq Invasion
-
FREE Business Downloads
-
Latest Defense News
- Contracts for March 19, 2010
- Boeing Can’t Be Seen As Taking Advantage Of Being Sole Bidder
- Boeing Completes Preliminary Design of Free Electron Laser Weapon System
- House Armed Services Committee: Hearing on the FY 2011 Budget Requests from the U.S. Southern Command and the U.S. Northern Command
- House Armed Services Committee: Skelton Statement on Anniversary of Iraq Invasion
- JHPSSL Program Receives Acclaimed Laureate Award From Editors of Aviation Week and Space Technology Magazine
- Boeing Receives Additional Contract for Joint Helmet Mounted Cueing Systems
- Lockheed Martin F-35 Joint Strike Fighter Succeeds in First Vertical Landing
- House Armed Services Committee: Skelton to Introduce Legislation to Protect TRICARE
- DOD CONTRACTS for March 18, 2010
- Today in the Department of Defense, Friday, March 19, 2010
- Contracts for March 18, 2010
- Northrop Grumman Begins Installing First EHF Satcom Hardware on B-2
- Raytheon Missile Systems Establishes Air and Missile Defense Systems Product Line
- U.S. Department of Energy Selects Lockheed Martin to Advance Ocean Thermal Energy Conversion Utility Power Plans
- Raytheon Awarded $12 Million for Patriot Missile Field Surveillance Program
- Northrop Grumman Names Janis Pamiljans Vice President of the Navy Unmanned Combat Air System Program
- Northrop Grumman Names Steven L. Enewold Vice President of Broad Area Maritime Surveillance Unmanned Aircraft System Program
- House Armed Services Committee: Hearing on the FY 2011 Budget Requests from the U.S. Central Command, U.S. Special Operations Command, and U.S. Transportation Command
- DOD CONTRACTS for March 17, 2010
- Northrop Grumman Awarded Planning Contract for the Refueling and Complex Overhaul of USS Abraham Lincoln (CVN 72)
- Today in the Department of Defense, Thursday, March 18, 2010
- National Guard (In Federal Status) And Reserve Activated as of March 16, 2010
- Contracts for March 17, 2010
- India, the New Land of Opportunity for Defense Contractors
- Sage [Grouse] Decision: Why the Feds Refused to Flip the Bird at Power Players
- Today in the Department of Defense, Wednesday, March 17, 2010
- DOD CONTRACTS for March 16, 2010
- US Navy Flag Officer Announcement
- USAF General Officer Announcement (REPOSTED)
- DOD Senior Executive Service Appointments and Reassignments
- Contracts for March 16, 2010
- Northrop Grumman Delivers 500th Directional Infrared Countermeasures System
- Lockheed Martin Awarded Task Order for Continued Production of Symphony IED Jammer Systems
- General Dynamics Advanced Information Systems Awarded $31 Million Navy F/A-18 Mission Computer Contract
- Lockheed’s JSF is Overdue, Over Budget – and Too Big to Fail
- Norad Flight Exercise Planned For Washington, D.C.
- Deputy Commanding General (Support) to Brief Live from Iraq
- Contracts for March 15, 2010
- Krauss-Maffei Wegmann (KMW) Pinpoint Protection for Afghanistan
- Marinette Marine Facility Expansion to Enhance Lockheed Martin’s Littoral Combat Ship Program
- FI Report: Near-Term Growth Expected in Medium/Heavy Military Rotorcraft Market
- General Dynamics Itronix Launches New GDAssure(TM) Program that Certifies Customer Computer Systems Prior to Installation
- Lockheed Martin Delivers Innovative Full-Motion Video Intelligence System to USJFCOM
- General Officer Announcement
- USAF General Officer Assignments
- USMC Flag Officer Announcement
- Christopher Gregoire Named Lockheed Martin Vice President and Controller
- DOD CONTRACTS for March 15, 2010
- Today in the Department of Defense, Tuesday, March 16, 2010
- Now Reports That EADS May Bid After All
- General Dynamics Awarded $9 Million Contract for U.S. Army Medical Command Lean Six Sigma Support
- Lockheed Martin Delivers 1,000th Vertical Launch ASROC Missile
- Raytheon’s Excalibur Ib Demonstrates Accuracy During First Guided-Flight Tests
- James Webb Space Telescope Core Completes Thermal Testing
- Sniper ATP Demonstrates Enhanced ISR Capability at Empire Challenge
- CNO Announces Flag Officer Assignments
- DOD CONTRACTS for March 12, 2010
- DOD News Briefing with Ashton Carter from the Pentagon
- Northrop Grumman Holds 3rd Annual International CEESIM Users’ Conference in the United Kingdom
- Lockheed Martin Awarded $23 Million for Production of JASSM-Extended Range Test Missiles
- Northrop Grumman Delivers Upgraded U.S. Navy Targets
- U.S. Army Receives First Lockheed Martin EQ-36 Counterfire Target Acquisition Radar System
- Manufacturing of Northrop Grumman’s First Low-Rate Initial Production E-2D Advanced Hawkeye Begins
- Raytheon and National Geospatial-Intelligence Agency Improve Flow of Commercial Imagery to Analysts and Warfighters
- Lockheed Martin Receives $60 Million Worldwide LANTIRN Depot Award
- General Dynamics Awarded Department of Homeland Security National Communications System Contract
- Northrop Grumman Plays Major Role in NASA’s Development of Alternate Astronaut Escape System
- Government of Canada Names General Dynamics Land Systems-Canada as Prime Contractor for LAV III Upgrade Program
- Northrop Grumman’s Second E-2D Advanced Hawkeye Enters Next Phase of Flight Testing
- Optex Systems Receives $3.4 Million Purchase Order from General Dynamics Land Systems
- Raytheon Completes Critical Milestone for Mobile X-band Radar System
- General Dynamics Awarded $22 Million by U.S. Navy for Repair Work on USS Hartford
- Military Base Realignments and Closures: DOD Needs to Update Savings Estimates and Continue to Address Challenges in Consolidating Supply-Related Functions at Depot Maintenance Locations. GAO-09-703, July 9
- House Armed Services Committee: schedule for the week of July 13 –17, 2009
- GAO Report: Overseas Contingency Operations: Reported Obligations for the Department of Defense. GAO-09-791R
- Raytheon’s AESA Radar for Boeing F-15E Receives New Designation
- Northrop Grumman Successfully Demonstrates Capabilities of LITENING Targeting System on U.S. Navy F/A-18E/F
- Raytheon’s GBU-53/B Small Diameter Bomb II Completes Risk Reduction
- Hawker Beechcraft, Lockheed Martin Team to Compete for U.S. Air Force Light Attack and Armed Reconnaissance Aircraft
- Lockheed Martin C-5M Super Galaxy Sets World Aviation Records
- Northrop Grumman Advanced Composite Mate Joint Passes Stringent Tests for NASA’s Composite Crew Module Demonstration Program
- Lockheed Martin Team Passes Critical Design Review for Solar Ultraviolet Imager for GOES-R Satellite Series
- UK Awards Javelin Joint Venture $176 Million for Javelin Missile Rounds
- Contracts for March 12, 2010
- Lawsuit Successfully Defends Contract Against Inroads of In-Sourcing
- Two Helicopter Programs Start Over
- EADS-NA Says Not Comfortable Priming KC-X Contract
- Spirit AeroSystems Named to Boeing Tanker Supplier Team — Press Release
- Contracts for March 11, 2010
- Northrop Grumman Names Paul Russell to Lead Space Navigation Business Area
- Northrop Grumman Awarded U.S. Army Europe Linguist Contract
- Aegis Weapon System Tested During International Multiple Ship Demonstration
- Raytheon, Motion Reality Ink Agreement For Virtual Applications
- Lockheed Martin Awarded Arizona Support Center Contract for M-TADS/PNVS
- Lockheed Martin and Aegisound Honored With Defense Department’s Nunn-Perry Award
- GeoEye Selects Lockheed Martin to Build Next-Generation Commercial Remote Sensing Satellite System
- STOVL Jet Prepares for Vertical Landing
- DOD CONTRACTS for March 11, 2010
- US Navy: Flag Officer Announcement
More Defense News -->
-
Content from our trusted partner BNETGet your own CBS Interactive Widget.>GET IT NOW
get your job site
at simplyhired.com
