Oshkosh price target raised to $43 from $32 at RW Baird Baird raised its price target on Oshkosh following impressive Q1 results. The firm cited strong order rates, improving construction activity, and potential form improvement in international Defense orders. Shares are Neutral rated.
Oshkosh Defense to build 698 additional FMTVs for U.S. Army Following a $184M order from the U.S. Army TACOM Life Cycle Management Command, Oshkosh Defense, an Oshkosh Corporation company, will produce 698 Family of Medium Tactical Vehicles trucks for the U.S. Army. Deliveries will begin in 2016.