Manitex Intl. secures $30 million contract award for specialized military equipment
Manitex Intl. Inc., a provider of cranes and specialized material and container handling equipment, has announced that its Manitex Liftking subsidiary has been awarded its third military contract for specialized military-specification equipment from the U.S. Navy for orders valued at approximately $30 million to $45 million over the next five years.
Similar to previous contract awards from the Navy, this lift truck order requires some engineering and custom configurations and a thorough performance testing protocol, including EMI and Hi-Shock testing. The timeline for first deliveries is projected as either late 2015 or early 2016.