Navistar receives $123 million military contract

Navistar Defense LLC in Warrenville today announced that it received a $123 million delivery order for an additional military 175 vehicles.

The International MaxxPro Dash vehicles with DXM independent suspension are part of an order from the U.S. Marine Corps Systems Command also includes parts for the company's Mine Resistant Ambush Protected vehicles.

The MaxxPro Dash award comes on the heels of the company's November award for MaxxPro Recovery vehicles. Navistar has continued to grow its product offerings by leveraging its current commercial capabilities and assets, which includes the proven commercial International WorkStar platform. This business strategy not only allows the company to respond quickly to vehicle orders, but it simplifies the integration of vehicle enhancements and the development of new truck variants.

“We are honored to provide additional MaxxPro Dash vehicles so soon after receiving last month's award for Recovery vehicles,” said Archie Massicotte, president, Navistar Defense. “This award is an element in a strategy that allows us to build our business around a revenue base of $1.5 to $2 billion. Another important element is our commitment to keeping warfighters safe.”

Since 2007, the company has been contracted to produce more than 8,000 MaxxPro MRAP units. While the MaxxPro family of vehicles has contributed to Navistar's growth into new markets, the company has received orders for more than 30,000 vehicles since 2004.

Production of the new units will be completed by Summer 2011.