Navistar Defense Receives $123 Million MRAP Order

WARRENVILLE, Ill.--Navistar Defense, LLC today announced that it received a $123 million delivery order for an additional 175 International® MaxxPro® Dash vehicles with DXM„˘ independent suspension. The order from the U.S. Marine Corps Systems Command also includes parts for the company€™s Mine Resistant Ambush Protected (MRAP) vehicles.

The MaxxPro Dash award comes on the heels of the company€™s November 22 award for MaxxPro Recovery vehicles. Navistar has continued to grow its product offerings by leveraging its current commercial capabilities and assets, which includes the proven commercial International® WorkStar® platform. This business strategy not only allows the company to respond quickly to vehicle orders, but it simplifies the integration of vehicle enhancements and the development of new truck variants.

€œWe are honored to provide additional MaxxPro Dash vehicles so soon after receiving last month€™s award for Recovery vehicles,€??? said Archie Massicotte, president, Navistar Defense. €œThis award is an element in a strategy that allows us to build our business around a revenue base of $1.5 to $2.0 billion. Another important element is our commitment to keeping warfighters safe.€???

Since 2007, the company has been contracted to produce more than 8,000 (7,839 + 175) MaxxPro MRAP units. While the MaxxPro family of vehicles has contributed to Navistar€™s growth into new markets, the company has received orders for more than 30,000 vehicles since 2004. This includes sales of the MaxxPro, International® MXT„˘, as well as vehicles based on the International® PayStar® and WorkStar platforms.

MaxxPro Dash vehicles are powered by MaxxForce® 9.3D engines. Production of the new units will be completed by Summer 2011.

Navistar International Corporation 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.