Navistar (NAV) Unit Awarded $83M Order from U.S. Army for Troop Transfer Vehicles
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Navistar Defense, LLC, of Navistar International Corp. (NYSE: NAV), reports it received both a contract extension and a delivery order to support Afghanistan Security Forces.
The $28 million order from the U.S. Army TACOM Life Cycle Management Command calls for 194 general troop transport vehicles. The contract extension runs through December 2011 and has a ceiling of $83 million to allow for additional vehicle orders and support packages.
Under the delivery order, Navistar will provide general troop transport vehicles based on the International 7000-MV, or WorkStar, platform as well as parts. Other variants currently serving in Afghanistan include wreckers, water tankers and fuel trucks.
The $28 million order from the U.S. Army TACOM Life Cycle Management Command calls for 194 general troop transport vehicles. The contract extension runs through December 2011 and has a ceiling of $83 million to allow for additional vehicle orders and support packages.
Under the delivery order, Navistar will provide general troop transport vehicles based on the International 7000-MV, or WorkStar, platform as well as parts. Other variants currently serving in Afghanistan include wreckers, water tankers and fuel trucks.
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