Polaris Industries Inc. (NYSE: PII), the leading manufacturer of off-road vehicles, announced the company was awarded a contract by the United States Special Operations Command (USSOCOM) to provide MRZR Lightweight Tactical All Terrain Vehicles.
This contract award spans up to five years, and allows SOCOM to manage their ultra-light tactical mobility needs to meet mission demands and emerging threats.
The MRZR2 and MRZR4 are highly-mobile, CV-22 transportable, multi-configurable off-road platforms, and will be supplied with accessories, spare parts, mechanical and operator training.
“Polaris is proud to supply the U.S. Special Operations Forces with our high-performing MRZR vehicles,” said Rich Haddad, general manager of Polaris Defense. “As a recognized industry leading original manufacturer of off-road vehicles, Polaris is uniquely positioned to rapidly develop and provide the military with purpose built mobility platforms.”
This award comes on the heels of the five-year contract awarded to Polaris, in August, to provide MV850 ATVs to USSOCOM. The MV850 is a highly-mobile single operator ATV platform, designed for the U.S. military and allied forces.
These recent contract awards reflect Polaris’ commitment to serve the U.S. military and favorably positions the company to supply the US and allied militaries with ultra-light tactical vehicles and mobility solutions.
“These platforms are a modular design to meet the demanding needs of U.S. and international special operations, expeditionary and light infantry forces,” added Haddad. “Both of these vehicles are deployed and in use around the globe, in all of the U.S. military branches and special operations forces along with several allied militaries and special operations forces.”
Polaris is a recognized leader in the powersports industry with annual 2012 sales of $3.2 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER and RZR side-by-side vehicles, snowmobiles, motorcycles and small vehicles. Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands. Additionally, Polaris continues to invest in the global on-road small vehicle industry with Global Electric Motorcars (GEM), Goupil Industrie SA, Aixam Mega S.A.S., and internally developed vehicles. Polaris enhances the riding experience with a complete line of Polaris and KLIM branded apparel and Polaris accessories and parts. Polaris Industries Inc. trades on the New York Stock Exchange under the symbol PII, and the Company is included in the S&P Mid-Cap 400 stock price index.
Information about the complete line of Polaris products, apparel and vehicle accessories are available from authorized Polaris dealers or anytime at polaris.com.
