JLG: JLG Awarded $78-Million Contract for Theater Provided Equipment Refurbishment (TPER)

JLG Industries, Inc., a subsidiary of Oshkosh Truck Corporation (NYSE: OSK) and the world's leading producer of access equipment, announced that it has been awarded an estimated $78-million firm-fixed-price and cost-plus-fixed-fee contract for the refurbishment of equipment in Iraq and Afghanistan.

The contract will begin with an initial delivery order valued at $12.4 million for the RESET of theater-provided equipment for the U.S. Army Tank-automotive and Armaments Command (TACOM). The JLG military service team will perform the RESET work in Balad, Iraq, and Bagram, Afghanistan. The work under this contract is expected to last until 2012 and is designated for the JLG manufactured ATLAS and 6000M model telehandlers, and the Case M4K and MW24C model loader equipment. "JLG is committed to serving our soldiers in the field and we look forward to our expanded support of the United States Army in Iraq and Afghanistan," commented David Peacock, vice president of government products and programs at JLG. "The RESET program allows us to extend the life of equipment that is already in use."