Friday, November 1, 2013

Profit drop halves such as vehicle sales to defense Oshkosh 46 pct

Oct 31 (Reuters) - Oshkosh Corporation, a manufacturer of specialty trucks, a 54 percent decline in quarterly profit as sales in the defense of the company crashed reported by spending cuts by the US Department of Defense.

Oshkosh attributable to 30 from $78.9 million, or 41 cents per share on $36.3, in the fourth quarter Sept. million, or 86 cents a share, fell a year earlier.

Sales in the defense of the company fell about 46 percent to $513,8 million.

Total revenue amounted to $1.73 billion 15.8 percent.

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