It was somewhat short of $12 billion, but I doubt Oshkosh (NYSE: OSK) will complain.
As the clock ticked down
on the Pentagon's deadline for awarding a new contract for off-road
MRAP armored vehicles, investors were getting nervous. In the end,
though, the generals hit D-Day on the mark, awarding the first $1
billion installment on the contract yesterday evening to
Wisconsin-based heavy industrialist Oshkosh Corp.
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