Oshkosh Truck Corp. announces U.S. Marine Corps contract.OSHKOSH, Wis.--(BUSINESS WIRE)--Aug. 4, 1995--Oshkosh Truck Corporation (NASDAQ-OTRKB) announced today that the U.S. Marine Corps has awarded the company a contract for 149 Logistic Vehicle System (LVS LVS Linux Virtual Server LVS Live Vaccine Strain LVS Las Vegas, New Mexico (Airport Code) LVS Low Voltage Switchgear LVS Logistical Vehicle System LVS Laser Vibration Sensor LVS Logistics Vehicle System ) modules for $21.7 million. Sixty-four additional modules are available for purchase as an option under the contract. The base contract quantity consists of 45 front body modules and 104 rear body modules. Front and rear modules are connected by an articulation joint to form an eight-wheel-drive, high mobility truck with 12.5 ton off-road and 22.5 ton on-road hauling capacity. There are four configurations of rear body modules: a flatbed for carrying shipping containers, a wrecker for recovering disabled vehicles, a fifth wheel unit for towing trailers, and a cargo body for transporting ammunition and general hauling. ``The LVS supports the Department of Defense's continuing efforts to cut operating costs operating costs npl → gastos mpl operacionales by purchasing high payload (1) Refers to the "actual data" in a packet or file minus all headers attached for transport and minus all descriptive meta-data. In a network packet, headers are appended to the payload for transport and then discarded at their destination. equipment with multiple applications,'' said Oshkosh Chairman and Chief Executive Officer, R. Eugene Goodson. ``The LVS is thought of as a one-truck motor pool because the powered front module can be coupled to any one of a variety of rear body modules.'' The truck's superior off-road mobility results from its unique articulation joint. The joint hinges the front module which consists of a cab, diesel engine, and tandem driving axles to the rear module with tandem driving axles. The articulation joint yaw yaw, in aviation: see airplane; airfoil. See pitch-yaw-roll. steers the vehicle up to 32 degrees right and left of center to provide a 30 percent tighter turning radius The turning radius or turning circle of a vehicle is the radius of the smallest circular turn (eg. U-turn) that the vehicle is capable of making. It is often used as a generalized term rather than a numerical figure. than a straight frame vehicle of the same length. To maximize traction while traveling over uneven terrain or climbing obstacles, the articulation joint also allows a six-degree rolling motion of the rear body section. When the roll motion is combined with axle axle Pin or shaft on or with which wheels revolve; with fixed wheels, one of the basic simple machines for amplifying force. Combined with the wheel, in its earliest form it was probably used for raising weights or water buckets from wells. suspension travel, the wheels maintain ground contact with equal weight distribution. The company has produced more than 1,680 of these air transportable vehicles which meet the criteria of the U.S. Marine Corps' Logistic Vehicle System for transportability on container transport ships. This contract is one of several military programs in place at Oshkosh Truck Oshkosh Truck NYSE: OSK, is a manufacturer of specialty trucks and truck bodies for defense, industrial and fire emergency applications. It is based in Oshkosh, Wisconsin and employs about 7,000 people worldwide in five countries. . Oshkosh Truck Corporation manufactures a wide variety of specialized trucks and transport equipment. Products are engineered for specific market niches where a unique, innovative design will outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. general purpose equipment. The company's major product categories include heavy-duty commercial and military trucks, trailers, proprietary drive components and service parts. CONTACT: Oshkosh Truck Corp., Oshkosh Linda Syth, 414/235-9151, Ext. 2677 |
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