The new deal has an initial value of $25.9m and options rising to a total of $38.9m. Deliveries are expected to start during 2015.
Jeff Cockerton, general manager for Manitex Liftking said: "We are very excited to get this order from the US Navy, which maintains very stringent and demanding product specifications to support their operations in the field. With deliveries starting in 2015, we’re looking forward to layering this new production on top of the current volume we’re doing with this customer, historically one of our top accounts. This program will bring our production schedule for the Navy up to 80-100 units annually."
