Oshkosh wins $6.75 billion deal to replace U.S. Army, Marine Humvees
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WASHINGTON (Reuters) - U.S. specialty truck maker Oshkosh Corp (NYSE: OSK) has won a $6.75 billion contract to build 17,000 light tactical vehicles to replace the aging Humvees used by the U.S. Army and Marine Corps, the U.S. Army announced on Tuesday.
Oshkosh beat out a team made up of Lockheed Martin Corp (NYSE: LMT) and Britain's BAE Systems Plc
The two military services plan to replace a total of 55,000 vehicles over time, which could drive the value of the contract win to over $30 billion.
(Reporting by Andrea Shalal; Editing by Chris Reese)
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