Subscribe to our free daily newsletters
. Military Space News .




Subscribe to our free daily newsletters



MILTECH
Emirates eye Oshkosh combat vehicles

by Staff Writers
Abu Dhabi, United Arab Emirates (UPI) Sep 30, 2010
The United Arab Emirates is considering buying a new batch of mine-resistant, ambush-protected vehicles by U.S. maker Oshkosh.

A company statement issued from its offices in Wisconsin said "significant foreign military sales" were in the works with the Emirates.

The mine-resistant vehicle was developed in recent years to meet urgent requirements in combat, at the request of U.S. forces deployed in Afghanistan. There are currently 8,108 vehicles on contract with the company for the U.S. military, Oshkosh says.

The company's vice president and general manager for Marine Corps programs, John Bryant, indicated that two other foreign military sales were being negotiated in addition to that by the United Arab Emirates. He refrained to disclose further details.

Together with Saudi Arabia and Israel, the United Arab Emirates make up the region's biggest spenders of defense hardware. Last year alone and despite the global economic downturn, the Emirates poured some $4 billion into its military, about one-third of what Israel paid.

Saudi Arabia, alternatively, is expected to pay at least $36 billion annually over the next five years.

"The financial muscle of countries like Saudi Arabia and the (Emirates) is enabling them to keep spending a huge chunk of their (gross domestic product) on defense," Frost & Sullivan analysts reported recently.

Bryant said Oshkosh was expected to complete production of its order of 8,108 mine-resistant vehicles by the end of November, allowing the company to "address the needs of other countries."

The need for such equipment comes at a time when U.S.-led forces in Afghanistan have intensified combat operations against Taliban insurgents who have equally been increasing their attacks against foreign troops.

The Defense News Web site reported that more U.S. contracts could be in store for Oshkosh as the Pentagon focuses on urgent operational needs for a so-called M-ATV-like ambulance.

Bryant said Oshkosh believed the U.S. Marine Corps was also in need for "a reconnaissance variant."

The so-called M-ATV program has produced the most military vehicles in a single month since World War II, Oshkosh contends. It says the company has rolled out more than 1,000 such vehicles per month, with a total 7,089 produced within a span of a year.

"Oshkosh's exceptional execution of the $6 billion M-ATV program has enabled it to repay the substantial majority of JLG-related debt and offset the $1.2-billion JLG write-down in fiscal 2009," the International Business Times reported.

"After cresting above 97 percent in second quarter of 2009, Oshkosh's fourth quarter of 2010 debt to total capital ratio should be less than 40 percent as net debt declines about $1.4 billion in one year," it said.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
The latest in Military Technology for the 21st century at SpaceWar.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


MILTECH
Northrop Grumman Hosts Marine Corps Reps As G/ATOR Enters Final Stages Of Development
Linthicum MD (SPX) Sep 28, 2010
Northrop Grumman recently hosted key representatives from the U.S. Marine Corps, as the AN/TPS-80 G/ATOR (Ground/Air Task Oriented Radar) multi role radar enters its final stages of development. When deployed, G/ATOR will replace five legacy Marine Corps ground-based radars with advanced operational capabilities and enhanced mobility and reliability, while also providing large reductions i ... read more







MILTECH
LockMart Awarded Radar Contract To Defend Against Anti-Ship And Ballistic Missile Threats

MEADS Life Cycle Costs Significantly Lower Than Fielded Systems

Northrop Grumman And Boeing Partner For Missile Defense Simulation Architecture Contract

Russia, NATO Should Fully Analyze Missile Threat To Europe

MILTECH
Boeing Completes First Flight Tests Of MK-84 Laser JDAM

Raytheon Awarded Contract For Standard Missile-3 Block IIA

Sweden Signs Production Order Contract For Meteor Missile

Russia caving to US pressure in missile sale ban: Iran

MILTECH
BAE Receives USAF Contract To Support Silver Fox UAS

US drone strikes kill 15 as Pakistan blocks NATO supplies

First "Power-On" Of New Fire-X Medium-Range Vertical Unmanned System

Pakistani tribesmen protest against US drone strikes

MILTECH
Military Terrestrial Satcom Market To Grow Slightly

MEADS Demonstrates Interoperability With NATO

Space security surveillance gets new boost

Raytheon GBS Delivers Full-Motion Video To Improve Intelligence Imagery For Warfighters

MILTECH
Emirates eye Oshkosh combat vehicles

Northrop Grumman Partners With US Navy To Advance Rotorcraft Development

Boeing Completes Production Of First Australian Super Hornet

Northrop Grumman Hosts Marine Corps Reps As G/ATOR Enters Final Stages Of Development

MILTECH
Singapore set for Alenia Aermacchi's M-346

U.K. defense budget cuts worry industry

Israel gets boost in U.S. military aid

British defence minister warns against 'draconian' cuts

MILTECH
Japan FM downplays 'bad neighbour' label on China

Inflation, corruption could impact China's stability: Wen

2010 could be China's year for Nobel Peace Prize

Japan demands China release detainee

MILTECH
Boeing Receives Task Order For Design Of Free Electron Laser Lab Demonstrator

Lasers could protect helicopters from harm

New System Developed To Test And Evaluate High-Energy Laser Weapons

Truck-borne laser weapon to be on way soon


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement