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NAVISTAR DEFENSE TO UPGRADE 2,300 MRAPS TO DEFEND AGAINST EVOLVING THREATS — Press Release

LISLE, Ill., (September 19, 2012) Navistar Defense, LLC received a delivery order today for up to $282 million to provide more than 2,300 survivability upgrade retrofit kits for International® MaxxPro® Dash Mine Resistant Ambush Protected (MRAP) vehicles. The order from the U.S. Army TACOM Life Cycle Management Command will upgrade MaxxPro Dash vehicles in theater with additional protection in response to evolving threats in Afghanistan. The order also includes parts and service.

“Anticipating the needs of our Armed Forces continues to be a top priority for Navistar and we are proud to offer the vehicle of choice to help them complete their missions safely,” said Archie Massicotte, president, Navistar Defense. “Threats continue to change and it is our responsibility to stay out ahead of those threats with the best technology available.”

The MaxxPro family of vehicles was originally designed to accommodate rapid vehicle enhancements as threats evolved in theater. Since 2007, the company has provided enhancements to both survivability and mobility through its work on its rolling chassis body swap, DXM™ independent suspension retrofit kits, armor kits and more.

“We also understand the balance of keeping our service men and women well equipped at a reasonable cost to taxpayers,” said Massicotte. “We will keep offering integrated solutions as well as alternatives to buying new vehicles so that we can keep our Armed Forces modern and ready for future operations.”

Navistar has delivered nearly 9,000 MaxxPro units in nine major variants to the United States and its allies. This order follows the company’s MaxxPro rolling chassis body swap, which upgrades more than 2,700 MaxxPro vehicles with a DXM™ independent suspension, MaxxForce® 9.3 engine, 570 amp alternator and driveline.

Work for the survivability upgrade will be done in Afghanistan beginning in December 2012. The order is scheduled to be completed by July 2013.

Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses and Navistar RV brand of recreational vehicles. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com/navistar/news.

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Navistar Decides Not To Go Ahead with JLTV Protest

It is now being reported that Navistar (NAV) will not pursue its protest of the JLTV EMD contracts awarded almost two weeks ago. They did this after Labor Day.

The three Engineering, Manufacturing and Development (EMD) contracts were awarded three weeks ago. They were given to AM General, Lockheed Martin (LMT) and Oshkosh. The Navistar and General Dynamics (GD) proposals did not win.

Navistar had protested right at the end of the window to do so and after receiving their debrief from the Army. By doing this it placed the execution of the contracts on hold until the protest was resolved.

It looks like Navistar filed the protest to make sure they hit the window. After reviewing more information they decided to withdraw it. There has still been no indications that GD will go ahead with one.

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Navistar Reportedly Files Protest of JLTV EMD Contract Awards

Two weeks ago the Army awarded 3 contracts for further efforts on the HUMVEE replacement, the Joint Light Tactical Vehicle (JLTV). The proposals from Lockheed Martin (LMT), Oshkosh (OSK) and AM General were selected. The Navistar and General Dynamic (GD) ones were not. The value of these contracts were between $55-65 million and are for the first year of a two to three year process to build and test prototypes. At the end of this one will be chosen to go into production.

The JLTV program has the potential to be quite large as the estimated quantities are in the tens of thousands. The current cost estimate for production is about $13 billion. This does not take into account future support and parts contracts as well as the potential for foreign and direct military sales to U.S. allies.

It has now come out that Navistar filed a protest late Friday near the end of the ten day period. The losers were supposedly briefed on Thursday as to why their proposals were not chosen.

The filing of the protest means the contracts cannot be executed until it is resolved. The General Accountability Office (GAO) has 100 days to do this. The result could be an overturning of the awards and direction to do a new contest or directing the Army to review its selection process. In some cases the GAO has awarded the protester the contract over the winner.

As the defense budget shrinks and contracts become more valuable to the different defense contractors protests should increase. This was the trend in the Nineties when there was the last major contraction in U.S. spending.

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Navistar Defense Receives MRAP Installation Order — Press Release

Existing Reset Line Available to Service Vehicles Returning from Deployment

LISLE, Ill., March 15, 2012 /PRNewswire/ — Navistar Defense, LLC received an award to conduct the installation work associated with its January order to upgrade 2,717 International® MaxxPro® Mine Resistant Ambush Protected (MRAP) vehicles with a new vehicle chassis. The $21 million contract from the U.S. Army Contracting Command is just one of Navistar’s many reset offerings aimed at revitalizing existing defense assets for future missions.

“We are focused on increasing the capabilities of our existing fleet with minimal impact to defense funding,” said Archie Massicotte, president, Navistar Defense. “The vehicle reset line we established for this installation work can also be utilized to restore older vehicles to like-new condition. Therefore, we are poised and ready to reset vehicles returning from deployment – either here at our facility or overseas.”

The installation contract retrofits vintage MaxxPro vehicles with a new rolling chassis. This chassis enhancement includes the addition of the DXM™ independent suspension, a MaxxForce® 9.3 engine, 570 amp alternator and driveline, while leaving a residual chassis with a beam axle that can be reused. The retrofits will be conducted in West Point, Miss., and work is expected to be completed by the end of May 2012.

“Keeping constricting budgets in mind, we continue to anticipate tomorrow’s needs and develop new solutions to use existing assets,” said Massicotte. “In addition to being ready for reset work, we already have options available that reuse the leftover chassis from this body-swap.”

Should the government be interested in reusing its remaining vehicle chassis, Navistar can add an armored cab to the chassis or return the vehicle to a commercial flatbed truck by adding a standard commercial cab for roughly a third of the cost of a new vehicle. Additional variants that can be produced on this building-block model include a recovery vehicle and a utility truck with an integrated capability for exportable power generation.

The company has fielded nearly 9,000 MaxxPro vehicles and continues to anticipate needed vehicle capabilities, enhancements, reset and reuse options for its entire fleet of 32,000 vehicles.

Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses, Monaco® RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom.

SOURCE Navistar Defense, LLC

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Navistar Defense Awarded $183 Million for MRAP Dash Ambulances

May 5, 2011 by · Comment
Filed under: Syndicated Industry News 

WARRENVILLE, Ill.–(BUSINESS WIRE)–Navistar Defense, LLC today announced that it received a $183 million delivery order for 250 International® MaxxPro® Dash ambulances with DXM™ independent suspension. The order from the U.S. Marine Corps Systems Command for Mine Resistant Ambush Protected (MRAP) vehicles falls under the company’s existing indefinite delivery / indefinite quantity contract and is Navistar’s ninth major MRAP variant. “Survivability and mobility continue to be key capabilities re



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BAE Systems Adds Northrop Grumman to Its JLTV Team

April 28, 2011 by · Comment
Filed under: Syndicated Industry News 

ARLINGTON, Va.–(BUSINESS WIRE)–BAE Systems announced today it has added Northrop Grumman Corporation to its Joint Light Tactical Vehicle (JLTV) team. The team currently consists of BAE Systems, Navistar Defense and Meritor Defense (formerly ArvinMeritor). Northrop Grumman will serve as the C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) lead, responsible for the integration of command and control hardware and software, computers and communicat



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Navistar Defense to Deliver Additional Vehicles and MRAP RPG Nets for Afghanistan

March 29, 2011 by · Comment
Filed under: Syndicated Industry News 

WARRENVILLE, Ill.–(BUSINESS WIRE)–Navistar Defense, LLC today announced that it has received $97 million in delivery orders from the U.S. Army TACOM Life Cycle Management Command. The delivery orders include 265 general troop transport vehicles, 160 buses and 829 rocket propelled grenade (RPG) net kits for International® MaxxPro® Mine Resistant Ambush Protected (MRAP) units currently in service. “The key to success in Afghanistan is ensuring their security forces have the proper training, equi



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Navistar Defense Receives $123 Million MRAP Order

December 10, 2010 by · Comment
Filed under: Syndicated Industry News 

WARRENVILLE, Ill.–(BUSINESS WIRE)–Navistar Defense, LLC today announced that it received a $123 million delivery order for an additional 175 International® MaxxPro® Dash vehicles with DXM™ independent suspension. The order from the U.S. Marine Corps Systems Command also includes parts for the company’s Mine Resistant Ambush Protected (MRAP) vehicles. The MaxxPro Dash award comes on the heels of the company’s November 22 award for MaxxPro Recovery vehicles. Navistar has continued to grow its pr



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Navistar Defense to Provide 250 MaxxPro MRAP Recovery Vehicles

November 22, 2010 by · Comment
Filed under: Syndicated Industry News 

WARRENVILLE, Ill.–(BUSINESS WIRE)–Navistar Defense, LLC today announced that it received a delivery order for 250 International® MaxxPro® Recovery vehicles from the U.S. Marine Corps Systems Command. The $253 million order was placed under the company’s Mine Resistant Ambush Protected (MRAP) indefinite delivery / indefinite quantity contract and includes contractor logistics support. This is Navistar’s eighth major MRAP variant. Navistar originally unveiled the MaxxPro Recovery vehicle, also k



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BAE Systems – Navistar Defense – ArvinMeritor Team Delivers Enhanced Protection Joint Light Tactical Vehicle Prototype

November 18, 2010 by · Comment
Filed under: Syndicated Industry News 

STERLING HEIGHTS, Mich.–(BUSINESS WIRE)–BAE Systems along with partners ArvinMeritor and Navistar Defense have delivered an Enhanced Protection configuration of the Joint Light Tactical Vehicle (JLTV) prototype to the U.S. Army and U.S. Marine Corps. “The military looks to JLTV to provide the improvements in protection, performance, and payload needed to fill the capability gaps between the HMMWV and MRAP families of vehicles,” said Ann Hoholick, vice president and general manager of New Vehic



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NAVISTAR DEFENSE GROWS MAXXPRO FAMILY OF VEHICLES WITH TRACTOR VARIANT AND AMBULANCE KIT — Press Release

NAVISTAR DEFENSE GROWS MAXXPRO FAMILY OF VEHICLES WITH TRACTOR VARIANT AND AMBULANCE KIT

Flexible platform is designed to support multiple mission needs

WASHINGTON, D.C., (October 25, 2010) Navistar Defense, LLC today launched both the International® MaxxPro® ambulance kit and the MaxxPro Tractor variant at the Association of the United States Army (AUSA) Annual Meeting and Exposition.

Since 2007, the company’s family of MaxxPro Mine Resistant Ambush Protected (MRAP) vehicles has grown to include 11 different vehicle variants. The first six of these variants were developed in only 18 months.

“Our ambulance kit, which has received positive reviews from the U.S. Army Medical Department, can quickly turn any MaxxPro vehicle into a fully functioning ambulance and aid station – with full protection for both medics and patients,” said Archie Massicotte, president, Navistar Defense. “The kit does not require new vehicles. Thanks to the flexibility of our proven truck platforms, we are able to quickly develop new vehicle solutions as well as vehicle variants like the MaxxPro Tractor.”

Ambulance kits include an easy-to-use litter assist system as well as a protected work space benefitting medics and patients. This solution paired with the company’s DXM™ independent suspension helps medical aid navigate rough terrain to get where it is needed. While the kit is displayed this week on a MaxxPro Dash unit, the solution is available for other variants such as the MaxxPro Base and Plus.

Combining a proven truck platform with proven survivability solutions, Navistar today also introduced the MaxxPro Tractor into its MRAP family. This vehicle uses an A kit / B kit armor solution with MRAP-level protection available, to allow two- to three-man crews to carry out support missions. The vehicle is powered by a MaxxForce® D 13L engine.

In addition to the MaxxPro Tractor, Navistar also offers two other MRAP utility variants, the MaxxPro Cargo and the MaxxPro Recovery Vehicle. All three utility vehicles utilize MaxxForce® D engines and heavy duty chassis.

To date, Navistar has been contracted to produce more than 7,500 MaxxPro units as well as retrofit 1,222 units in theater with its DXM™ independent suspension solution. MaxxPro vehicles are currently in operation with U.S. forces as well as with six coalition forces.

Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus® brand school and commercial buses, Monaco® RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom.

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Navistar Defense Wins First Navy Contract for Heavy Truck Tractors

October 5, 2010 by · Comment
Filed under: Syndicated Industry News 

WARRENVILLE, Ill.–(BUSINESS WIRE)–Navistar Defense, LLC today announced that it has received an award for $18.9 million from the Naval Facilities Engineering Command (NAVFAC) for 38 International® 5000-MV heavy truck tractors (HTTs). The company’s first contract with the U.S. Navy includes three option periods for additional vehicle orders. A proven heavy-haul tractor, the 5000-MV HTT unit will support Navy Seabee transportation needs. The vehicles incorporate a variety of armoring solutions d



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Navistar Defense Launches High-Mobility Medium Tactical Vehicle Based on Proven Truck Platform

September 28, 2010 by · Comment
Filed under: Syndicated Industry News 

QUANTICO, Va.–(BUSINESS WIRE)–Navistar Defense, LLC today unveiled its new high-mobility medium tactical vehicle (MTV) at the Modern Day Marine Exposition in Quantico, Virginia. Based on the proven International® 7000-MV platform, the vehicle incorporates the DXM™ independent suspension and can also accommodate a variety of survivability and armoring solutions derived from the International® MaxxPro® Mine Resistant Ambush Protected (MRAP) vehicle. “Since receiving our first contract in 2005 to



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Navistar Defense to Produce Additional U.K. Tactical Support Vehicles

September 7, 2010 by · Comment
Filed under: Syndicated Industry News 

WARRENVILLE, Ill.–(BUSINESS WIRE)–Navistar Defense, LLC today announced that it received a second delivery order valued at $56 million from the U.K. Ministry of Defence for an additional 89 International® MXT™ Husky vehicles. The award follows the company’s April 2009 contract for 262 MXT Husky units for the U.K. Tactical Support Vehicle (TSV) program. All units will be utility variants. “MXT Husky units are currently supporting missions in Afghanistan and the Ministry of Defence has placed pr



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Force Protection to Upgrade U.S.M.C. MRAP Vehicles

The United States Marine Corps announced that they are awarding a Force Protection (FRPT) a contract to upgrade over two thousand Mine Resistant Ambush Protected (MRAP) vehicles previously purchased. The contract to modify the seats on these Cougar vehicles is worth over $60 million.

The U.S. military has invested billions in MRAP vehicles since 2005 due to the prevalence of the mine and Improvised Explosive Device (IED) threat in Iraq and Afghanistan. MRAP provide the ability to move troops across terrain with a higher level of protection then more conventional armored vehicles. Force Protection along with Navistar (NAV), BAE Systems (BAE:LSE) and Oshkosh (OSK) have built thousands of these vehicles for the U.S. military and many Allies.

One of the advantages of being a major hardware supplier to the U.S. military and other customers is the ability to win contracts to modify, support and maintain that hardware. This contract is a good example of that as Force Protection is earning revenue off of already delivered and in-service vehicles.

Force Protection stock has struggled since its high of almost $30 in 2007 to where in the last year it has been between $4 and $6. The U.S. has turned mainly to Oshkosh for its latest MRAP-AT vehicle designed for the more rugged terrain of Afghanistan.

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NAVISTAR DEFENSE AWARDED $752 MILLION CONTRACT FOR MAXXPRO DASH MRAP VEHICLES — Press Release

NAVISTAR DEFENSE AWARDED $752 MILLION CONTRACT FOR MAXXPRO DASH MRAP VEHICLES

WARRENVILLE, Ill., (February 16, 2010) Navistar Defense, LLC today was awarded a contract for $752 million to provide 1,050 enhanced International® MaxxPro® Dash Mine Resistant Ambush Protected (MRAP) vehicles. Vehicles under the award from the U.S. Marine Corps Systems Command will include the DXM™ independent suspension solution.

“The threats that our warfighters face continue to change every day and we understand the urgency needed to rapidly engineer and deliver new Dash vehicles to defeat emerging threats,” said Archie Massicotte, president, Navistar Defense. “We are constantly looking at enhancements across our vehicle portfolio to provide warfighters with the most advanced equipment.”

Under the new contract, MaxxPro Dash vehicles will incorporate the DXM™ independent suspension solution provided by Hendrickson Truck Suspension Systems and AxleTech International. This vehicle upgrade further improves the vehicle’s off-road capabilities, which is vital given Afghanistan’s lack of road infrastructure.

“After conducting an extensive trade study, we selected a no-compromises suspension system for our MaxxPro,” said Massicotte. “The design also minimizes the effort needed to integrate the system onto existing vehicles, which will accelerate the delivery of this important modification should the Army be interested in retrofitting our MaxxPro and 7000 Series fleets.”

Since May 2007, Navistar has received orders for a total of 7,494 MaxxPro MRAP vehicles to help combat improvised explosive devices (IEDs) and other threats. In late 2008, the company modified its design for added mobility and produced the MaxxPro Dash MRAP variant. The addition of an independent suspension solution further improves mobility and is one of several capability insertions that will be incorporated into the next 1,050 MaxxPro Dash units. Navistar also has provided more than 8,100 International® 7000 Series vehicles to the Afghan National Army and Afghan National Police.

Navistar will conduct work at its Garland, Texas, and West Point, Miss., assembly plants. Deliveries will begin in April and will be completed by the summer of 2010. Parts are not included in the contract.

Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom.

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Rumor Of New MRAP Contracts For Afghanistan May Bouy Navistar

An internal memo from within the Department of Defense some how leaked out. It states that in support of the U.S. operations in Afghanistan a further 2,500 Mine Resistant Ambush Protected (MRAP) vehicles will be required. Over the last two years the focus of acquisition for these kind of vehicles has been the Oshkosh produced MRAP-AT which was the result of the MRAP-All Terrain Vehicle (ATV) contest. The MRAP-ATV requirements were for a lighter, more maneuverable vehicle able to operate better in Afghanistan’s rough terrain.

Navistar was unable to win the MRAP-ATV contest and have missed out on the several hundred million dollars worth of orders for those vehicles. If the memo is correct an order for over one thousand of their MRAP type vehicles for use in Afghanistan will be welcome. The U.S. military has spent a great deal on MRAPs to serve in Iraq and Afghanistan over the last five years. They now possess significant numbers of them and will use them for several years to come. There will be little need to buy more of them and this will affect Navistar, BAE Systems and Force Protection all who ramped up production to meet demand.

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Navistar Continues Foreign Sales Of Systems

January 6, 2010 by · Comment
Filed under: BNET, Syndicated Industry News 

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…

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GAO Decision affirms Major Army Conclusions Supporting Oshkosh FMTV Award; Denies Challenges to $440 Million Dollars in Savings And Nearly All Other Protestor Complaints — Press Release

GAO Decision affirms Major Army Conclusions Supporting Oshkosh FMTV Award; Denies Challenges to $440 Million Dollars in Savings And Nearly All Other Protestor Complaints

OSHKOSH, Wis. — Dec. 17, 2009 — The U.S. Army’s conclusion that Oshkosh Corporation (NYSE: OSK) proposed the lowest price and has the capability and experience to build the Family of Medium Tactical Vehicles (FMTV) was unchallenged by the Government Accountability Office’s (GAO) decision, released in redacted form today. The decision significantly expands on the GAO’s press release of December 14, 2009, regarding the protests against the U.S. Army’s award decision by BAE Systems and Navistar Defense.

The decision by the GAO upheld only two narrowly-defined aspects of the protests against the U.S. Army by the disappointed bidders, rejecting all of the numerous other protest grounds raised during the three-month protest process which covered virtually every aspect of the evaluation.

The GAO determined that the Army erred in evaluating one element of the broader production capability subfactor. To address this, the GAO recommended that the Army re-evaluate the offerors’ proposals as to this element and also determine whether there was any possible impact on a second element. These elements are just two of seven elements in the production subfactor of the capability evaluation factor, all of which receive less weight than price. The GAO provided no opinion as to whether the re-evaluation of these two elements would in fact change the award decision by the Army.

The Oshkosh proposed price is significantly lower than what the Government is currently paying the incumbent FMTV contractor and was revealed today to be nearly $440 million lower over the life of the contract than that proposed by incumbent BAE. Widely publicized protestor complaints relating to Oshkosh’s price, armored cab design, financial stability and manufacturing prowess all were denied by the GAO. The GAO stated in its decision, “With the exception of two areas, we find that the [Army’s] evaluation was reasonable.” Oshkosh Defense was awarded the contract on August 26, 2009.

“After a thorough acquisition process by the Army that began nearly seven months ago, followed by formal protests that took three months to resolve, we believe the Army will quickly and appropriately address the GAO’s recommendations,” said Robert G. Bohn, Oshkosh Corporation chairman and chief executive officer. “We believe that in its review, the Army will find that Oshkosh Corporation was and continues to be the correct choice for the FMTV contract, providing proven capability and the best value to the Army and the taxpayer.”

As the GAO’s decision reaffirms, Oshkosh was awarded the contract because the company bid the FMTV at a very competitive price while receiving excellent evaluations for meeting vehicle production and delivery requirements, including any possible production surges that might be required by the Army.

The U.S. Army has 60 days from December 14, 2009 to act on the GAO’s recommendations and report its findings.

“Oshkosh plans to build the FMTV and meet all of the Army’s objectives while saving hundreds of millions of taxpayer dollars that the Army can use for other pressing requirements,” Bohn said. “And we will do this without impacting our other existing or proposed military vehicle contract programs.”

Bohn added, “It is important to realize the GAO’s decision did not recommend that the proposals be recompeted or revised, nor did it recommend termination of our contract. We believe that the redacted decision issued today further supports our assessment that Oshkosh is in a strong position to retain the contract when the two narrow issues on which the protests were upheld are reconsidered.”

Oshkosh remains the only current manufacturer of both medium and heavy tactical wheeled vehicles in the U.S. defense industry, having produced more than 70,000 military-class vehicles in its manufacturing facilities. Oshkosh Corporation’s proven production capabilities were recently recognized by the National Center for Advanced Technologies (NCAT), which awarded Oshkosh with a 2009 Defense Manufacturing Excellence Award for its M-ATV launch team, which has exceeded delivery requirements for every month since the contract award on June 30, 2009.

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.

# # #

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the required increase in the rate of production for the M-ATV contract and the amount, if any, of additional orders for M-ATVs that the Company may receive; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company’s intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof, including the outcome of the formal protests of the Family of Medium Tactical Vehicles (FMTV) award to the Company; risks related to reductions in government expenditures and the uncertainty of government contracts; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release.

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Navistar To Provide More Trucks To U.S. Army

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.

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Oshkosh Keeps Winning

Fresh off of winning two contracts for the new MRAP-ATV worth over a billion dollars for use in Afghanistan Oshkosh announced that they had won two smaller contracts. These are only worth about $36 million but indicate that the company is showing some strength. The first is for heavy trucks to support U.S. Army engineering troops. The second is to treat Army tanker trucks to protect against rupturing and burning fuel during transport.

The MRAP-ATV contract is probably the last major contract for these types of vehicles. The win by Oshkosh has already caused ripples through out the industry with Navistar and BAE Systems losing work and jobs. The U.S. military is thinking now how to fit the existing MRAP vehicles purchased for Iraq into their tactical organizations. The MRAP-ATV will be lighter and more maneuverable to support operations in rougher terrain.

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MRAP-ATV Fallout Leads To Navistar Layoffs

Oshkosh won the MRAP-ATV contract for a new vehicle for use in Afghanistan. One of the losing bidders was Navistar who had sold several thousand MRAP vehicles for use in Iraq to the U.S. Department of Defense.

Now with the fact that they did not win the contract to build the new vehicles for use in Afghanistan the company has announced layoffs at their Mississippi plant. This illustrates one of the problems with defense contracting. If you don’t continue to win contracts to provide systems or services you will eventually wither. Defense acquisition is normally for a certain number of units or for a period of time that will end. Companies win or lose contracts and that leads to contractions or expansions in work forces.

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MRAP-ATV Moves Forward

In early March the Defense Department awarded a group of companies contracts to begin concept designs for the Mine Resistant Ambush Protected-All Terrain Vehicle (MRAP-ATV). Now it is being reported that the first production buy contracts may be awarded by May 1st. Crain’s Detroit Business says that the contracts had been delayed due to the short lived protest by Navistar. The Army plans to buy a small quantity of vehicles to do tests with and then order larger buys. The Defense Department had discussed in the past buying several of the proposed vehicles rather then focusing on just one.

This would mirror the experience had with the large MRAP vehicles bought for use in Iraq and Afghanistan to defeat the IED threat. Then due to the large quantities needed quickly several companies were able to win contracts. Part of this was that the U.S. military moved slowly first equipping engineering units and then the bulk of their infantry and other troops. This meant that the U.S.M.C and the Army bought different types for the missions. The MRAP-ATV will be used in Afghanistan where a lighter, more mobile off road vehicle is needed due to the rough terrain. This has been a more deliberate process then that used for the MRAP. Multiple contracts would allow faster equipping of units, but will also require a larger, more diverse logistical and training tail.

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Canadian Government Fights Back on Foriegn Contracts

The Canadian government of Mr. Harper has received criticism from the domestic defense industry and legislators that it has not been awarding enough contracts to Canadian companies. Part of the issue is that the last two major contracts for C-17 and C-130 aircraft had to go to American companies who are the producers of those aircraft. A more recent award for trucks though went to an American company Navistar when the product was available in Canada. The Vancouver Sun is reporting that the administration is trying to mollify its critics by awarding tow major contracts to Canadian companies. The two new contracts are for upgrades to command and control systems and will be awarded to Canadian subsidiaries of Thales and General Dynamics. Even so the work will be done in Canada and employ Canadians. One of the problems that affects defense contracting, especially for smaller countries, is that it may be hard to do the work domestically. India for example has invested billions into its industry but still has to turn to foreign suppliers for large, complicated programs.

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New MRAP Proposal Submitted by Oshokosh

As was written about at BNET: Government the U.S. military is moving forward with a new generation of MRAP vehicles that will be lighter and more maneuverable for Afghanistan. The Business Journal of Milwaukee writes that Oshkosh submitted its proposal on 9 January for the program. Oshkosh along with BAE, Navistar and Force Protection would seem to be the main contenders for the program. The MRAP-All Terrain Vehicle program will be managed like the recent JLTV award for multiple development contracts with a test and evaluation program for different vehicles. More then one successful design may be awarded production contracts as the program goes.

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