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China | Contracts - Awards | Corporate Financials | Oshkosh | Other Equipment - Land | USA

Army Order to Quell Fires… at Oshkosh, Too?

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Pierce pumper, USAF(click to view full) Oshkosh subsidiary Pierce Manufacturing, Inc. in Appleton, WI won a maximum $7.1 million firm-fixed-price contract for fire fighting vehicle pumpers, for use by the US Army. The contract will run until Nov 28/12. There were 3 solicitations made, with 3 responses to the The Defense Logistics Agency Troop Support in Philadelphia, PA (SPM8EC-11-D-0062-0009). Fire fighting specialist Pierce was acquired by Oshkosh in 1996, and in 2001, their fire trucks introduced Oshkosh’s TAK-4 independent suspensions. The firm makes a range of fire pumpers, including their own foam systems that can spray multiple foam viscosities at the same time, in order to handle Class A and Class B fires. The Army order, though not large, will be very welcome at Oshkosh… In the current Board takeover battle between Oshkosh Corp’s current management and Carl Ichahn, Icahn Group cites Fire & Emergency as the segment that has seen the most restructuring. Even so, the segment has cratered, with a 33% revenue drop from 2008-2011, and a slide into an operating loss. Goldman Sachs projects operating income margin under 1% projected through 2013. In their defense, Oshkosh management cites municipal budget pressures that created “historically low” purchase rates, […]

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