Terex Signed Agreement for 302 Trucks
Terex Corp., Westport, Conn., said its joint venture, American Truck Company (ATC), has been awarded a contract with the U.S. Army Tank-armaments and Automotive Command (TACOM) to supply the Ministry of Defense of Israe
Terex Corp., Westport, Conn., said its joint venture, American Truck Company (ATC), has been awarded a contract with the U.S. Army Tank-armaments and Automotive Command (TACOM) to supply the Ministry of Defense of Israel
(IMOD) with 302 medium tactical trucks and associated logistics support.
The trucks are being supplied to Israel by the United States under the U.S. Foreign Military Sales program. The initial value of this order is approximately $54 million before options. IMOD also has options to purchase an additional 243 trucks for value in excess of $40 million. The announcement follows the conclusion of a lengthy competition between ATC and other U.S. military truck manufacturers that included extended testing of vehicles and an evaluation of after-market support capabilities.
The procurement includes a combination of cargo carriers (some with material handling cranes) incorporating ATC's high mobility 12.5 metric ton payload 6x6 tactical vehicles. Additionally, ATC will provide extensive driver and maintenance training, in-country service and spare parts. Delivery of trucks and training materials will be performed over the next 12 to 14 months.
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