An Oshkosh (NYSE: OSK) subsidiary has won a five-year, $400 million contract from the Defense Logistics Agency to supply material handling equipment to U.S. military branches and federal civilian agencies.
DLA awarded the contract to JLG Industries after a competitive acquisition process with seven offers received, the Defense Department said Monday.
JLG will perform contract work in Pennsylvania, Ohio, France and Mexico through Nov. 26, 2022.
The agency will use defense working capital funds in fiscal 2018 through fiscal 2023 to finance the procurement of material handling equipment.
