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Oshkosh Defense Unit Wins ATV Contract

Oshkosh said its defense division received an Army order to reinforce over 5,100 ATVs so they can better withstand blasts from roadside bombs.

OSHKOSH, Wis. (AP) -- Oshkosh Corp. said on Tuesday that its defense division received an Army order to reinforce more than 5,100 all-terrain vehicles so they can better withstand blasts from roadside bombs and a separate order for tools and labor to help install the upgrades, for a total of $245 million.

Oshkosh Defense expects to finish delivering add-on protection kits for the military vehicles by July 2012, to provide tools next month and to help install the kits over the course of one year, starting this summer.

To date, Oshkosh has received awards for more than 8,100 kits to protect military all-terrain vehicles without affecting the size of the payloads the vehicles can carry. Those vehicles and the people in them frequently encounter roadside bombs and other improvised explosive devices in hot spots like Afghanistan and Iraq.

Shares of Oshkosh rose 96 cents, or 3.7 percent, to $27.04 in afternoon trading.

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