Minneapolis, September 29, 2011 – Polaris Industries Inc. (NYSE: PII) today announced the company has received a $54-million, three-year contract to provide All-Terrain Vehicles (ATVs), spare parts and trailers to Afghan and Iraqi security forces, the U.S. Government and other allied governments. The contract was received from the U.S. Army Contracting Command-Warren and includes options to extend the contract two additional years. This new contract award follows Polaris’ successful completion on an earlier multi-year contract awarded by the Army in 2007.
“Polaris is proud to serve the U.S. Military and our allies. As the leading supplier of Military ultra-light mobility platforms, we provide our customers the most capable, high performance ATVs. For almost a decade, we have been working with Military customers, all over the world, integrating their unique needs with cost effective mobility solutions,” said Scott Wine, CEO of Polaris Industries. “With more than 3,000 battle proven vehicles deployed in theater, we have developed a strong understanding of our customers’ requirements. This unique position, coupled with our world-class manufacturing operations, allows us to supply vehicles quickly to meet the urgent operational needs of this contract.”
Polaris Defense was created in 2005 to provide a dedicated team focused on solving our warfighter’s mobility challenges, by providing a full range of platforms for military missions. More information about Polaris’ military vehicles can be found at www.polarisdefense.com.