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Oshkosh Wins $82 Million Army Contract

Company received an $82.6 million contract with the U.S. Army to upgrade nearly 300 Heavy Equipment Mobility Tactical Trucks.

OSHKOSH, Wis. (AP) -- Oshkosh Corp. has received an $82.6 million contract with the U.S. Army to upgrade nearly 300 military vehicles.

The company said Wednesday about 290 trucks will be returned to Oshkosh, where they'll be rebuilt with improvements that provide safety and comfort to American troops.

The vehicles are called Heavy Equipment Mobility Tactical Trucks and are used to haul fuel and other cargo in Iraq and elsewhere.

The scheduled improvements include upgrading the cab to make it fully air-conditioned and armor-ready, as well as adding a more powerful drivetrain and upgrading safety features.

Shares of Oshkosh dipped 27 cents to $13.51 in early afternoon trading Wednesday.