Oshkosh Truck has reported a 43% rise in second quarter profit as strong international sales and demand for military vehicles more than offset higher raw material costs.
The company recorded a profit of US$72.6m, up from US$50.9m for the same period last year.
Sales rose to US$1.77bn from US$1.66bn.
Oshkosh CEO Robert Bohn says the firm’s defence business has benefitted from “substantial requirements for heavy tactical vehicles”.
“We expect this demand to continue solidly for the foreseeable future as there is an ongoing need for these logistics workhorses,” he says.
By staff writer
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
![](/wp-content/themes/goodlife-wp-B2B/assets/images/company-profile-unit.png)
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData