U.S. Army Awards $409 Million FMTV Contract to Oshkosh Defense
FMTVs are medium-sized tactical vehicles that transport and supply Army units and deliver equipment. Based on a common chassis, they require less maintenance than the vehicles they've replaced. FMTV configurations vary by payload and mission requirements.
U.S. Army has awarded Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, a base contract plus options to reset 800 Oshkosh-produced Mine Resistant Ambush Protected (MRAP) All-Terrain Vehicles (M-ATVs). This M-ATV Reset program will help the U.S. Army achieve its goal of standardizing the M-ATV fleet configuration and ensuring that its primary MRAP platform is 100% mission ready following years of operation in theater.