Released under the GIC Framework
Oshkosh Corporation (NYSE: OSK) announced today that its Defense division has received orders valued at $24 million to supply itsTAK-4® independent suspension system for more than 300 BAE Systems USCS RG-33 Mine Resistant Ambush Protected (MRAP) vehicles. BAE issued the orders following the receipt of contracts awarded from the MRAP Joint Program Office.
These are the latest in multiple deliveries Oshkosh Defense has received for its advanced independent suspension system to be supplied for legacy MRAPs. The TAK-4 system provides improved mobility for the difficult on- and off-road terrain inAfghanistan.
In testing of a BAE Systems RG-33 MRAP upgraded with the Oshkosh TAK-4 system, the military determined the enhancement significantly improved the vehicle’s mobility. Based on this successful testing, Oshkosh worked with BAE Systems to develop a suspension kit for the RG-33 USSOCOM variant.
The vehicles will be upgraded in theater, with work expected to be completed by March 31, 2010. Oshkosh Defense is working with multiple manufacturers of legacy MRAPs and has now received orders for more than 2,300 TAK-4 systems for the vehicles.