Navistar Beaten Out on $1.06 Billion Blast-Proof Truck Contract

June 30 (Bloomberg) — Oshkosh Corp. won a $1.06 billion contract to build all-terrain trucks that would protect troops in Afghanistan from roadside bombs. Shares of the company, which said it may share production, surged in late New York trading.

The contract is for 2,244 vehicles, the U.S. Defense Department said on its Web site today. Oshkosh beat a joint venture between Force Protection Inc. and General Dynamics Corp., as well as entries from BAE Systems Plc, and Navistar International Corp., the largest maker of blast-proof trucks for the U.S. military.
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