Oshkosh Wins $290M Army Order

Vehicle maker said Tuesday that it received an order worth more than $290 million from the Army for more than 725 cargo truck-trailers.

OSHKOSH, Wis. (AP) -- The U.S. Army has ordered more than 725 supply trucks from the defense arm of Oshkosh Corp. in a deal worth $290 million.

Oshkosh Defense said Tuesday it expects to complete production by September 2011.

The vehicles are heavy-duty military trucks with large trailers. They've been used to transport weapons and other supplies to the front lines in Afghanistan and Iraq, and are designed so a single soldier can load or unload large containers in five minutes.

The Oshkosh, Wis.-based company has signed a number of lucrative deals with the Pentagon in the last year or so. Oshkosh is delivering more than 6,600 military trucks in a contract worth $3.3 billion.

Oshkosh shares rose 67 cents, or 1.8 percent, to $38.71 in morning trading Tuesday.

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