Source: DTN News - - This article compiled by Roger Smith from reliable sources Navistar Defense
Navistar originally unveiled the MaxxPro Recovery vehicle, also known as a wrecker variant, in February 2009 as a new utility vehicle offering.
“We believe that part of industry’s role is to recognize a potential need before it becomes an absolute necessity,” said Archie Massicotte, president, Navistar Defense. "For Navistar, that meant extending MRAP-level survivability to those running vehicle recovery and other support missions.”
Just last month, Navistar expanded its MRAP family of vehicles again with the launch of the MaxxPro Tractor and MaxxPro Dash Ambulance. The company’s ability to grow its vehicle portfolio, with little lead time, occurs through the use of the existing commercial vehicle platforms.
The MaxxPro Recovery vehicle is based on the same International® WorkStar® platform that lends its flexibility to the company’s growing family of vehicles. MRAP ballistic, mine and improvised explosive device (IED) protection will now aid two- to three-man crews as they retrieve damaged or mission-disabled vehicles and carry out other support missions.
The vehicle is powered by the MaxxForce® 9.3D engine. Production of MaxxPro Recovery units will be completed by fall 2011.
Since receiving its original MaxxPro MRAP contract in May 2007, Navistar has emerged as one of the leading providers of MRAP vehicles. To date, the company has been contracted to produce more than 7,800 units.
“Winning orders like this is consistent with our plans to be a $1.5 to $2 billion annual business,” said Massicotte. “Not only do we have flexible vehicle platforms at the ready, but we have a growing network of engineers along with strong parts and sustainment organizations to keep us on target.”
Navistar International Corporation (NYSE:NAV - News) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses, Monaco® RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available atwww.Navistar.com/newsroom.
CONTACT:
Navistar International Corporation
Media contact: Elissa Koc, 630-753-2669
Investor contact: Heather Kos, 630-753-2406
Web site: www.Navistar.com/newsroomRELATED HEADLINES
- First-Ever Cat® On-Road Trucks Launched - Business Wire
- Navistar Defense to Provide 250 MaxxPro MRAP Recovery Vehicles - Business Wire
- Oldest Trucks Since 1979 May Mean Output to Rise 56% - Bloomberg
- A123 Causing Investors' Patience To Flicker - at Investopedia
- [video] Stop Trading, Listen to Cramer! - at CNBC
DTN NEWS ON TWITTER (25 SUBJECTS)
No comments:
Post a Comment