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Oshkosh Truck Corp

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BUSINESS
April 4, 1991
Oshkosh Truck Corp. has been awarded a contract for 760 heavy equipment transportrs and trailers from the U.S. Army Tank Automotive Command, the company said. Production willbegin in July and end in May, 1992. The contract is expected to be worth about $230 millionfor the 1991 and 1992 fiscal years, said Paul Hollowell, vice president of defense products.
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BUSINESS
October 17, 2006 | From Reuters
Oshkosh Truck Corp. said it would buy JLG Industries Inc., a McConnellsburg, Pa., maker of telehandlers, scissor lifts and other aerial work platforms, for about $3 billion. The news sent JLG shares up $6.81, or 32.8%, to $27.56. That's close to the purchase price of $28 a share, which represents a 35% premium over the company's closing stock price Friday. Oshkosh shares fell as low as 9% in the session and closed down $3.05 at $52.49. In a note to investors, Robert W. Baird & Co.
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BUSINESS
October 17, 2006 | From Reuters
Oshkosh Truck Corp. said it would buy JLG Industries Inc., a McConnellsburg, Pa., maker of telehandlers, scissor lifts and other aerial work platforms, for about $3 billion. The news sent JLG shares up $6.81, or 32.8%, to $27.56. That's close to the purchase price of $28 a share, which represents a 35% premium over the company's closing stock price Friday. Oshkosh shares fell as low as 9% in the session and closed down $3.05 at $52.49. In a note to investors, Robert W. Baird & Co.
BUSINESS
April 4, 1991
Oshkosh Truck Corp. has been awarded a contract for 760 heavy equipment transportrs and trailers from the U.S. Army Tank Automotive Command, the company said. Production willbegin in July and end in May, 1992. The contract is expected to be worth about $230 millionfor the 1991 and 1992 fiscal years, said Paul Hollowell, vice president of defense products.
NEWS
June 11, 1988 | JIM CARLTON, Times Staff Writer
A Newport Beach congressman was among a group of six lawmakers who accepted $2,000 honorariums from a Wisconsin trucking company hours before voting on a measure that forced the U.S. Army to buy 500 more trucks from the firm than it wanted. Although Rep. Robert E. Badham and aides for some of the other congressmen who attended the April breakfast said Friday that the timing of the payments was merely "coincidental" with their vote last year, some critics called it a blatant conflict of interest.
NEWS
October 15, 1988 | JOHN M. BRODER, Times Staff Writer
Vice President George Bush largely curbed his appetite for acronyms in Thursday night's debate, but he let one slip that probably mystified most in the television audience--HEMTT. The letters, pronounced "Hemit," stand for heavy expanded mobility tactical truck, a 10-ton Army vehicle that has been the center of a small controversy for months.
NEWS
January 19, 1991
Some major Pentagon contracts awarded since mid-August: $635 million to Raytheon for managing the Army's Patriot missile program $17 million to Goodyear tire for 400,000 track shoes for M113 armored personnel carriers $12.7 million for new transmissions for Bradley armored fighting vehicles. $24.6 million to Oshkosh Truck Corp. for 100 heavy tank trucks and 50 heavy wreckers.
SCIENCE
March 13, 2004 | From Associated Press
Fifteen teams have qualified for today's $1-million self-navigating-robot race across the Mojave Desert, even though more than half of them failed to finish a flat obstacle course a little more than a mile long during trials. Seven unmanned vehicles -- ranging from dune buggies to a 16-ton truck -- navigated the test course sprinkled with gravel pits, metal rods and other barriers in qualifying runs this week.
CALIFORNIA | LOCAL
June 11, 1988 | JIM CARLTON, Times Staff Writer
Rep. Robert E. Badham (R-Newport Beach) was among a group of six lawmakers who accepted $2,000 honorariums from a Wisconsin trucking company hours before voting on a measure that forced the U.S. Army to buy 500 more trucks from the firm than it wanted.
NEWS
August 16, 2000 | RICHARD SIMON and GREG KRIKORIAN, TIMES STAFF WRITERS
When Sen. Russell D. Feingold took the podium Tuesday to condemn relentless fund-raising at the Democratic National Convention, few of his Senate colleagues were in the hall to hear him. Many were attending a thank-you party for big donors.
NEWS
October 15, 1988 | JOHN M. BRODER, Times Staff Writer
Vice President George Bush largely curbed his appetite for acronyms in Thursday night's debate, but he let one slip that probably mystified most in the television audience--HEMTT. The letters, pronounced "Hemit," stand for heavy expanded mobility tactical truck, a 10-ton Army vehicle that has been the center of a small controversy for months.
NEWS
June 11, 1988 | JIM CARLTON, Times Staff Writer
A Newport Beach congressman was among a group of six lawmakers who accepted $2,000 honorariums from a Wisconsin trucking company hours before voting on a measure that forced the U.S. Army to buy 500 more trucks from the firm than it wanted. Although Rep. Robert E. Badham and aides for some of the other congressmen who attended the April breakfast said Friday that the timing of the payments was merely "coincidental" with their vote last year, some critics called it a blatant conflict of interest.
WORLD
May 6, 2005 | John Hendren, Times Staff Writer
The Pentagon wants to replace the Humvee, which is carrying as much armor as possible on current models but is still getting blown up by increasingly powerful roadside bombs in Iraq. U.S. troops there have begun using 31 larger, heavily armored, 5-ton "gun trucks" to escort troop convoys, a primary Humvee mission. But the military still needs a light utility vehicle that is less vulnerable to makeshift land mines than is the Humvee, Pentagon officials and lawmakers said Thursday.
NEWS
May 23, 1989 | SARA FRITZ and OSWALD JOHNSTON, Times Staff Writers
Rep. Patricia Schroeder (D-Colo.) took more than 40 all-expenses-paid trips and collected more than $114,000 in appearance fees in 1988, making her the leader in honorariums among the more than 400 House members whose personal financial disclosure reports were made public Monday. Just as Schroeder's honorariums more than doubled from $50,630 in 1987, the total flow of special-interest money to members of the House also increased substantially last year, despite growing criticism of members who pocket these fees in addition to the $89,500 annual government salary.
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